The stimulus checks financial aid payments provided in the state of California are almost here. Millions of citizens of the state will receive the money provided by the officials of the state. It has been stated that the first batch of payments will be generated on the 3rd of August. The amount of the payments is stated to be 600 USD. And more money will be provided within every 14 days. The Franchise Tax Board of the state gave an announcement stating that about 600,000 citizens of the state will be provided with financial aid this week.
California Stimulus Check Details
In total, more than 50% of the citizens of the state will be receiving the stimulus check financial aid payments. Most batches are to be generated before the 15th of October this year. Those taxpayers who are eligible to receive the payment and who have dependents will receive a total of 1,100 USD. As per the basic rule of eligibility for receiving the stimulus check financial aid payments, the income of a person must not exceed 75,000 USD a year. The money that is being provided now is the second round provided by the government. The amount provided is 600 USD. The first batch of payments was provided to those people whose income was less than 30,000 USD a year.
The stimulus check financial aid payments are provided at a time when Gavin Newsom, the Democratic governor of the state of California, is facing a recall election. The state of New Mexico followed by a few others is also providing the money to its people in the absence of the financial aid payments to the people.