Congress works to extend CARES Act deadline for Native corporations
December 16, 2021
JUNEAU (AP) — The U.S. House has passed legislation to extend a year-end deadline for Alaska Native corporations to use federal coronavirus relief funds. The U.S. Supreme Court in late June ruled the corporations were entitled to receive the CARES Act funds, but delays in disbursing the money have been many corporations in a bind to spend the funds by Dec. 31.
The House bill, however, isn't the same measure that earlier passed the Senate. For the bill to become law, the same version has to pass both chambers before going to the president for signature.
Some Alaska Native corporations have...