Tax & Finance

Agency Information Collection Activities; Proposed Collection; Comment Request; Local Assistance and Tribal Consistency Fund

🇺🇸United States··Notice·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The U.S. Department of the Treasury is seeking public comments on revising its information collection for the Local Assistance and Tribal Consistency Fund (LATCF), established under the American Rescue Plan Act of 2021. LATCF provided $2 billion total ($250 million annually for Tribal governments and $750 million for revenue-sharing counties in FY 2022-2023), plus $10.5 million for consolidated governments in FY 2023-2024. Funds could be used flexibly like local revenue sources. This notice, under the Paperwork Reduction Act of 1995, covers the Obligation and Expenditure Report form. As LATCF payments end by April 30, 2026, prior requirements like award terms, payment info, and Tribal certifications are eliminated. Only the annual report remains for recipients during closeout, with records retention ongoing. Burden has dropped to 1,400 annual hours (1,400 responses at 1 hour each), down from launch due to fewer active recipients. Comments due June 2, 2026, on necessity, accuracy, quality, burden reduction, and costs. Contact Treasury PRA Officer for details or submissions. This revision streamlines reporting as the program winds down, affecting Tribal and county governments.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Removed signed award terms and conditions form as of April 30, 2026
  • Eliminated recipient payment information collection
  • Dropped Tribal economic conditions certification

+ 3 more changes with Pro

Obligations

What this law requires

high

LATCF recipients must submit an annual Obligation and Expenditure Report to the U.S. Department of the Treasury

Tribal governments, county governments, and consolidated governments receiving LATCF funds
reporting
high

LATCF recipients must comply with records retention and access requirements specified in the signed award terms and conditions

Tribal governments, county governments, and consolidated governments receiving LATCF funds
operational
medium

Written comments on the information collection revision must be received by June 2, 2026

General public and federal agencies wishing to comment on the LATCF information collection
disclosure
low

Comments regarding the burden estimate and information collection must be submitted to Treasury PRA Clearance Officer at 1750 Pennsylvania Ave. NW, Suite 8142, Washington, DC 20220, or email PRA@treasury.gov

General public and federal agencies submitting comments
disclosure
high

LATCF recipients must cease using program funds after April 30, 2026, when LATCF funds will no longer be available for payment

Tribal governments, county governments, and consolidated governments receiving LATCF funds
prohibition

Affected Parties

Tribal governmentsRevenue sharing counties+1 more…

Tags

LATCF,Treasury,Paperwork Reduction Act