Oklahoma set to receive nearly $1.9 billion in federal relief funding

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Published Wednesday, May 12, 2021
by The Center Square

(The Center Square) - The state of Oklahoma is set to receive just under $1.9 billion in federal funding as part of the "American Rescue Plan" passed by Congress earlier this year.

The funding, according to the U.S. Department of Treasury, can be used for a variety of pandemic-related reasons, including to support COVID-19 response efforts; replace tax revenue lost because of government-mandated restrictions put in place to slow the spread of the respiratory disease; support state and local economies including businesses; and other related purposes.

Oklahoma's funding is part of $350 billion being released to state and local governments as part of the rescue plan.

"Today is a milestone in our country's recovery from the pandemic and its adjacent economic crisis," Teasury Secretary Janet L. Yellen said in a statement. "With this funding, communities hit hard by COVID-19 will able to return to a semblance of normalcy; they'll be able to rehire teachers, firefighters and other essential workers - and to help small businesses reopen safely."

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The Kiowa County Press is an independent newspaper published in Eads, Kiowa County, Colorado, and to the world at KiowaCountyPress.net.