On May 10, the Treasury Department released the Interim Final Rule (IFR) for the $350 billion in Coronavirus State and Local Fiscal Recovery Funds under the ARPA. The Funds provide emergency funding for state, local, territorial, and tribal governments to respond to the pandemic and its economic impacts, including making necessary investments in broadband infrastructure. NRECA created this short one-pager to provide member cooperatives with a high-level overview of the IFR.