US Department of the Treasury
U.S. Department of the Treasury, IRS Release Proposed Regulations on Sales and Exchanges of Digital Assets by Brokers (US Department of the Treasury)
Submitted by dclay@benton.org on Fri, 08/25/2023 - 10:14Treasury Department Announces Approval of Federal Funds to Connect Thousands of Rhode Island Homes and Businesses to Affordable, High-Speed Internet
The US Department of the Treasury announced the approval of $112 million in federal funds for broadband infrastructure and multi-purpose community facility projects in Rhode Island under the American Rescue Plan’s Capital Projects Fund (CPF). Rhode Island is approved to receive $25 million for broadband infrastructure projects, which the state estimates will connect 7,500 homes and businesses to affordable, high-speed internet and serve about 30 percent of locations still lacking high-speed internet across the state.
Treasury Sanctions Iranian Company Aiding in Internet Censorship (US Department of the Treasury)
Submitted by dclay@benton.org on Fri, 06/02/2023 - 11:17Treasury Releases SLFRF and CPF Supplementary Broadband Guidance
On May 17, 2023, The US Department of the Treasury released supplementary broadband guidance for its State and Local Fiscal Recovery Fund (SLFRF) and Capital Projects Fund (CPF). As provided for in each SLFRF and CPF award agreement, the Uniform Guidance applies to all uses of funds made available under those awards unless provided otherwise by Treasury. In response to questions from recipients and internet service providers, Treasury issued this guidance regarding the application of the Uniform Guidance to broadband infrastructure projects.
Treasury Sanctions Russian Ransomware Actor Complicit in Attacks on Police and US Critical Infrastructure (US Department of the Treasury)
Submitted by dclay@benton.org on Tue, 05/16/2023 - 12:32Treasury Department To Give Awards to Connect More Families and Businesses to High-Speed Internet
The US Department of the Treasury approved federal funds for multi-purpose community facility projects and broadband infrastructure projects in Delaware and Idaho under the American Rescue Plan’s (ARPA) Capital Projects Fund (CPF). A key priority of the CPF program is expanding economic opportunities and providing internet connectivity in communities with unmet needs. The following descriptions summarize the Idaho and Delaware plans that Treasury approved:
Biden-Harris Administration Officials, Senator Casey Announce Approval of Federal Funding to Connect 44,000 Pennsylvanians
The US Department of the Treasury’s Chief Recovery Officer Jacob Leibenluft joined White House American Rescue Plan Act (ARPA) Coordinator Gene Sperling and US Senator Bob Casey Jr. (D-PA) to announce the approval of $200 million for high-speed internet projects in Pennsylvania under the American Rescue Plan’s Capital Projects Fund (CPF).