Fourth Stimulus Check Update: 10 States To Give Payments, Tax Relief & Gas Checks
KEY POINTS
- Californians will receive gas rebates amounting to $400 in the form of debit cards
- Georgians who filed their taxes may receive between $250 to $500 in rebate
- New Mexico will send out multiple stimulus checks to taxpayers amounting between $250 and $1,000
Nearly a dozen states will be sending out stimulus payments to residents amid high inflation and rising prices.
The federal stimulus checks sent out by the U.S. government have dried up. Provisions such as the expanded Child Tax Credit, which amounted to up to $300, have also ended even as American families continue to grapple with inflation.
In response, several states across the U.S. have created legislation that would send out stimulus payments to residents.
California
Gov. Gavin Newsom in mid-March announced a plan that would send gas rebates to car owners with vehicles registered in California. The rebates would amount to one-time payments of $400 and would be sent in the form of debit cards.
Under the gas rebate program, each individual could receive up to two payments. A family with more than two vehicles will only receive up to two payments. The proposal would be based on a person’s vehicle registration.
Georgia
Georgians who filed their 2020 and 2021 taxes may be eligible to receive a rebate funded by the state's tax surplus. The one-time payments will amount to $250 for single filers, $375 for heads of household and $500 for married couples filing jointly. However, the amount received could be lower if the recipient owed money to the state in the form of taxes or delinquent child support payments.
Hawaii
Residents who earn less than $100,000 may be eligible to receive a one-time payment worth $300. The payments could increase depending on the number of dependents. This means a family of four living in Hawaii and earning less than $100,000 annually could receive up to $1,200 in stimulus payments.
Idaho
Gov. Brad Little in January approved a bill that would send out checks to residents amounting to either $75 or 12% of their 2020 state tax, whichever amount is higher. The rebates were first sent out in March.
Illinois
The state will provide rebates to adults and dependents this fall. The checks would amount to $100 for adults and $50 for dependents. In addition to rebates, Illinois is also pushing for $300 in property tax relief and a temporary freeze on school supply sales taxes.
Indiana
Indiana residents who filed their 2020 taxes before January 2020 are eligible to receive one-time stimulus checks worth $125. Married couples are set to receive up to $250 payments.
Maine
Individual taxpayers making less than $100,000, head of household making under $150,000 and married couples earning less than $200,000 annually and living in Maine may receive a one-time relief payment of $850 if they file their 2021 taxes by Oct. 31.
New Jersey
Gov. Phil Murphy last year approved legislation that would send out $500 checks to about 760,000 middle-class families in New Jersey. Recently, Murphy proposed to add workers who filed taxes with a tax identification number (TIN) as well as their spouses and dependents to the list of people eligible to receive the money.
New Mexico
Residents of the state of New Mexico will receive multiple checks. In July, individual taxpayers who earned under $75,000 and married couples who earned less than $150,000 and filed 2021 taxes will receive payments amounting to either $250 or $500, respectively.
Officials in New Mexico will also send out additional payments of $500 for single filers and $1,000 for married filers in two payments to be released in June and August.
New York
Gov. Kathy Hochul enacted several budget relief plans that included property tax relief amounting to up to $970. The state also enacted a suspension of the $0.16 gas tax that will last until the end of the year.
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