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SUBRECIPIENT COMPENSATION AFFIDAVIT Commonwealth of Pennsylvania Applicability Subrecipient entities receiving funds provided under the American Recovery and Reinvestment Act must provide compensation information for their five most highly compensated officers if all of the following conditions are satisfied for the calendar year in which the state agency makes the award i In the subrecipient s preceding fiscal year the subrecipient received A 80 percent or more of its annual gross revenues...
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Start by gathering all the necessary information and documents needed to complete the form. This may include financial records, tax returns, and other relevant paperwork.
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Who needs American Recovery and Reinvestment:

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American citizens who have been impacted by economic struggles, such as unemployment, loss of income, or financial hardship, may benefit from the American Recovery and Reinvestment Act.
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Small businesses or companies that require assistance to recover from economic challenges, including access to funds for job creation, infrastructure development, or technology investments, may also need the support provided by this act.
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Local and state governments that require financial aid to initiate or complete infrastructure projects, promote energy efficiency, or invest in education and healthcare, may benefit from the American Recovery and Reinvestment Act.
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The American Recovery and Reinvestment Act (ARRA) is a law passed by Congress in 2009 to stimulate economic growth and create jobs in response to the Great Recession.
Certain individuals and businesses that receive funds under the ARRA are required to file reports on the use of those funds. The specific requirements for filing depend on the amount and type of funding received.
Filing requirements and procedures for the ARRA reports vary based on the recipient and the type of funding received. It is important to consult the official guidelines and instructions provided by the appropriate government agency or department.
The purpose of the American Recovery and Reinvestment Act is to promote economic recovery, stimulate job creation, invest in infrastructure, provide fiscal relief to states and local governments, and invest in various sectors to support long-term economic growth.
The specific information required to be reported on the American Recovery and Reinvestment Act reports varies depending on the type of funding received. Generally, the reports include details on the use of funds, job creation or retention, project milestones, and other relevant information.
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