CARES Act Steering Committee

Governor's Office / YouTube

The group tasked with disbursing the $1.25 billion Arkansas received from the CARES Act has approved new funds to go toward stabilizing the state’s Unemployment Insurance Trust Fund.

Members of the state CARES Act steering committee on Friday voted to approve the infusion of $165 million from the federal coronavirus bailout to the fund at a meeting held virtually. This comes as the panel faced a deadline of Sept. 30 to stabilize the fund, otherwise employers would have to pay an extra $10 per employee per year in taxes.

Governor's Office

The state’s CARES Act Steering committee has approved an additional list of items that that would be pre-approved for Arkansas’ cities and counties to use CARES funding for.

This approval comes after a meeting earlier in the month that authorized $150 million to be split evenly among the Arkansas Municipal League and the Association of Arkansas Counties.

Governor's Office

The Arkansas CARES Act Steering Committee approved on Wednesday the spending of over $211 million in federal aid to go towards establishing or maintaining multiple programs in the state. 

The committee, which determines how federal coronavirus aid is spent in the state, approved the spending of $211,225,000, with $150 million of that approved funding to be split between the Arkansas Municipal League and the Association of Arkansas Counties.