United States Treasury Archives - Page 2 of 2

Baltimore County Johnny Olszewski American Rescue Plan Act Announcement 20211103

Olszewski presents American Rescue Plan Act spending proposal for Baltimore County, to hold public input meetings

Posted on November 3, 2021 by Chris Montcalmo

TOWSON. MD—Baltimore County Executive Johnny Olszewski on Wednesday announced spending proposals for Baltimore County’s $160.7 million allocation from the American Rescue Plan, which advance a broad range of innovative, equity-focused efforts in addition to ongoing pandemic response needs. Officials will utilize approximately $80 million in funds to support Baltimore County’s ongoing public health response to the COVID-19 pandemic. Baltimore County […]

Governor Hogan announces initial recovery plan performance report on American Rescue Plan Act funding

Posted on August 31, 2021 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Tuesday announced that the state has submitted the first recovery plan performance report required by the Department of the Treasury in accordance with the provisions of the American Rescue Plan Act (ARPA), which directed $3.7 billion in federal aid to Maryland. Following ARPA’s enactment on March 11, 2021, Governor Hogan and legislative leaders announced a […]

Maryland to receive $402 million through federal emergency rental assistance program

Posted on January 14, 2021 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Thursday announced that the State of Maryland is eligible for an estimated $402,439,000 in federal rental assistance made available through the Consolidated Appropriations Act. The state officially filed its application to the U.S. Treasury Department on January 8, ahead of the January 12 deadline. The majority of the funding will be administered by the Maryland […]

IRS releases ‘Get My Payment’ tool to help Americans track stimulus checks

Posted on April 15, 2020 by Chris Montcalmo

WASHINGTON, DC—Working with the U.S. Treasury Department, the Internal Revenue Service on Wednesday unveiled a new Get My Payment tool with features to let taxpayers check on their Economic Impact Payment date and update direct deposit information. With an initial round of more than 80 million Economic Impact Payments starting to hit bank accounts over the weekend and throughout this […]

Attorney General Frosh joins coalition urging feds to ensure stimulus payments go to families, not to debt collectors

Posted on April 14, 2020 by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh this week joined a bipartisan coalition of 25 attorneys general in calling on the U.S. Department of the Treasury to take immediate action to ensure billions of dollars in emergency stimulus payments authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) go to American families and not to debt collectors. […]

Federal Reserve announces an additional $2.3 trillion in loans to support the economy, Powell predicts recovery

Posted on April 9, 2020 by Chris Montcalmo

WASHINGTON, DC—The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic. “Our country’s highest priority must be to address this public health crisis, […]

CARES Act Paycheck Protection Program rolls out for Baltimore County small businesses

Posted on April 3, 2020 by Chris Montcalmo

BALTIMORE, MD—The United States Treasury and the Small Business Administration are offering programs that will assist Baltimore County’s small businesses during the coronavirus pandemic. The new Paycheck Protection Program rolls out on Friday, April 3, 2020. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic […]

Gov. Hogan urges Treasury to release Tubman $20 bill in 2020

Posted on June 11, 2019 by Chris Montcalmo

ANNAPOLIS, MD – Governor Larry Hogan on Tuesday sent a letter to U.S. Treasury Secretary Steven Mnuchin, urging the federal administration to reconsider its decision to delay the release of the Harriet Tubman twenty-dollar bill. The governor cited concerns that, while the release was originally slated for 2020, “citizens across Maryland and the country will instead have to wait nearly […]

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