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16 | Page A pril 2 5 I ssueARPA reporting deadline next weekNext Wednesday, April 30, is the deadline for counties to submit Project and Expenditure Reports for the American Rescue Plan Act State and Local Fiscal Recovery Fund.%u2022 Required for all counties: To remain in compliance with the reporting requirements, all counties must submit a report, including counties that have already spent their entire ARPA allocation.%u2022 Detail is key: When submitting the Project and Expenditure Report, provide as much detail as possible to ensure Treasury officials have a clear picture of how funds were obligated to support communities and residents.%u2022 NACo is here to help: If you have received a notice of noncompliance, please reach out to NACo for support.Congress moves forward on reconciliationBoth the House and Senate have adopted budget proposals. Counties are closely monitoring the potential impacts of the reconciliation process on local priorities, including the preservation of taxexempt municipal bonds.%u2022 Support for county priorities: Last week, 12 members of the House of Representatives sent a letter to House leadership expressing concerns over major cuts to Medicaid, and a bipartisan Dear Colleague letter also in the House shared support for preserving the taxexempt status of municipal bonds.%u2022 Timeline: Congress is looking to move quickly on this reconciliation process, with the goal of delivering a reconciliation bill to President Trump by the end of May.