S704 - COVID-19 Recovery Act. (SL 2020-3)

Overview: Section 4.29 of S.L. 2020-3 requires local finance officers to submit statements of financial information concerning COVID-19 impacts on local finances to the Local Government Commission (LGC) by February 15, 2021. The section requires the LGC to submit a report of this financial information and any recommended legislation to the Joint Legislative Committee on General Government and the Fiscal Research Division by March 15, 2021.

The section became effective May 4, 2020. The provisions addressing the COVID-19 financial information expire February 15, 2021, and the provision addressing the LGC report expires March 15, 2021.