Wednesday, July 6, 2022

Governor Northam Releases Statement On Approval Of American Rescue Plan Funding

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Governor Northam recently announced the passage of HB 7001, which distributes $4.3 billion in federal assistance to Virginia from the American Rescue Plan. The funding will help to rebuild Virginia after the covid-19 pandemic through the following initiatives:

  • Businesses across the Commonwealth will be protected from tax hikes to replenish the unemployment fund so they can invest in the workforce instead.
  • Law enforcement officers and first responders will get a raise, and violence prevention programs will have the support they need to keep communities safer.
  • More Virginians will have access to high-quality behavioral health care they need, including strong community-based services.
  • A college degree will be possible for thousands of Virginia students who would have been otherwise unable to afford it.
  • Indoor air quality issues at public schools will be addressed so children will have cleaner air this fall when they return to in-person learning.
  • All families, schools, and businesses across the Commonwealth will have access to broadband by 2024—four years ahead of schedule.

“While other states are closing budget gaps, we are investing in Virginia,” said Governor Northam. “We have consistently put resources into helping families, businesses, and communities recover from this pandemic and prepare for the future.”

President Joe Biden signed the American Recovery Plan Act of 2021 into law in March. It is a $1.9 trillion economic recovery plan that includes $350 billion in emergency funding for state, local, territorial, and Tribal governments.

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