22.9 The American Recovery and Reinvestment Act (ARRA)
This section provides suggested sources of information and pertinent excerpts from the American Recovery and Reinvestment Act (ARRA) itself, including State Fiscal Stabilization Fund prohibited expenditures and ARRA general reporting requirements. In accordance with ARRA, such reports are due no later than ten (10) days after the end of the calendar quarter. Although the Federal reporting requirement is quarterly, USG institutions must report Federal Stimulus activity on a monthly basis as required by the State of Georgia.
The American Recovery and Reinvestment Act (ARRA) may be viewed or downloaded at the following website: http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h1enr.pdf.
The Office of Management and Budget’s ARRA Implementation Guidelines may be viewed or downloaded at the following website: http://www.recovery.gov/sites/default/files/m09-15.pdf .
Excerpts from the ARRA are shown below.
SEC. 3. PURPOSES AND PRINCIPLES.
(a) STATEMENT OF PURPOSES.—The purposes of this Act include the following:
- To preserve and create jobs and promote economic recovery.
- To assist those most impacted by the recession.
- To provide investments needed to increase economic efficiency by spurring technological advances in science and health.
- To invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits.
- To stabilize State and local government budgets, in order to minimize and avoid reductions in essential services and counterproductive state and local tax increases.
(b) GENERAL PRINCIPLES CONCERNING USE OF FUNDS.—The President and the heads of Federal departments and agencies shall manage and expend the funds made available in this Act so as to achieve the purposes specified in subsection (a), including commencing expenditures and activities as quickly as possible consistent with prudent management.
TITLE XIV—STATE FISCAL STABILIZATION FUND; SEC. 14004. USES OF FUNDS BY INSTITUTIONS OF HIGHER EDUCATION.
(a) IN GENERAL.—A public institution of higher education that receives funds under this title shall use the funds for education and general expenditures, and in such a way as to mitigate the need to raise tuition and fees for in-State students, or for modernization, renovation, or repair of institution of higher education facilities that are primarily used for instruction, research, or student housing, including modernization, renovation, and repairs that are consistent with a recognized green building rating system.
(b) PROHIBITION.—An institution of higher education may not use funds received under this title to increase its endowment.
(c) ADDITIONAL PROHIBITION.—No funds awarded under this title may be used for—
- the maintenance of systems, equipment, or facilities;
- modernization, renovation, or repair of stadiums or other facilities primarily used for athletic contests or exhibitions or other events for which admission is charged to the general public; or
modernization, renovation, or repair of facilities—
(A) used for sectarian instruction or religious worship; or
(B) in which a substantial portion of the functions of the facilities are subsumed in a religious mission.
TITLE XV—ACCOUNTABILITY AND TRANSPARENCY; Section 1512; Reports on use of funds:
(c) RECIPIENT REPORTS.—Not later than 10 days after the end of each calendar quarter, each recipient that received recovery funds from a Federal agency shall submit a report to that agency that contains—
- the total amount of recovery funds received from that agency;
- the amount of recovery funds received that were expended or obligated to projects or activities; and
- a detailed list of all projects or activities for which recovery funds were expended or obligated, including—
(A) the name of the project or activity;
(B) a description of the project or activity;
(C) an evaluation of the completion status of the project or activity;
(D) an estimate of the number of jobs created and the number of jobs retained by the project or activity; and
(E) for infrastructure investments made by State and local governments, the purpose, total cost, and rationale of the agency for funding the infrastructure investment with funds made available under this Act, and name of the person to contact at the agency if there are concerns with the infrastructure investment.
- Detailed information on any subcontracts or subgrants awarded by the recipient to include the data elements required to comply with the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109–282), allowing aggregate reporting on awards below $25,000 or to individuals, as prescribed by the Director of the Office of Management and Budget.