When Congress passed the Coronavirus Aid, Relief, and Economic Security Act - $2.2 trillion CARES Act - it included a $150 billion State and Local Stabilization Fund. Minus funding for U.S. Territories, and autonomous Tribal Governments, about $139 billion is being distributed to the States, for their own use (55%) and for redistribution to ‘qualifying’ local governments (45%).
The State of New Jersey is slated to receive $3.444 billion. Of that total, a minimum of $1.894 Billion is earmarked for State use. The balance, $1.550 billion, COULD be distributed to ‘qualifying’ local government.