On February 17, 2009, the American
Recovery and Reinvestment Act of 2009 (ARRA) became law. A major
part of ARRA is the new State Fiscal Stabilization Fund
(Stabilization) program. The program provides $53,600,000,000 to
States to keep teachers in the classroom, prevent the cutting of
valuable education programs, and help mitigate college tuition
increases. Additionally, the Stabilization program will provide
resources that States and districts may use to implement important
education reforms, such as launching strategies that address
inequities in the distribution of highly qualified teachers,
building robust data systems that allow districts to better track
student achievement, raising standards and strengthening student
assessments, and turning around failing schools. We are requesting
approval of the Stabilization program grant application so that
State governors may apply for the first portion of these
funds.
In order to provide
immediate assistance to help alleviate the substantial budget
shortfalls that States are facing, the Department is committed to
providing 67 percent of each State's Stabilization allocation
within a very short timeframe, necessitating emergency clearance of
the Stabilization program application. The requested approval date
for OMB approval is March 23. This formula grant program has two
distinct portions - the Education Fund and the Government Services
Fund. Specifically, the Department intends to award each State with
67 percent of the total amount that it is to receive under both the
Education Fund and the Government Services Fund within two weeks of
our receipt of a complete application.
PL:
Pub.L. 115 - 5 123 Name of Law: Title XIV of Division A of the
American Recovery and Reinvestment Act of 2009
PL: Pub.L. 115 - 5 123 Name of Law: Title XIV
of Division A of the American Recovery and Reinvestment Act of
2009
This is a new collection as a
result of the American Recovery and Reinvestment Act of 2009
(ARRA).
$7,527
No
No
Uncollected
Uncollected
Yes
Uncollected
Maria Worthen
2022055632
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
Emergency Memo.pdf
Supporting Statement.doc
State Fiscal Stabilization Fund Grant Application