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Monday, August 8, 2022

Stimulus Check Update- California Citizens Could Be Receiving New Stimulus Payments

It has been reported that more than half of the residents of California could soon be receiving a stimulus check payment from the state. This was announced by the office of the Governor earlier this week. This would form a part of the inflation relief package– a whopping $17 billion- which close to 23 million eligible Californians will be receiving the payments. It is understood that the sum would come to around $1,050 for joint filers who have a single dependent at the least. The relief package will also be paid for by a record-setting $97 billion state budget surplus. 

California Citizens To Receive Stimulus Check Payments

In a Tweet on Sunday, Gavin Newsom reported that this stimulus check payment would definitely serve as money in one’s pockets- which would then be used to fill one’s gas tank and put food on the table for them. The eligibility for the payment will also depend on how much money every single citizen of the state earns, and how many dependents they currently have. The amounts are further based on three tiers for either single or joint tax filers- with the preliminary summary of the proposed budget already placed. 

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The stimulus check payments will be issued by direct deposit or through debit cards by late October, as reported by an official under the Newsom administration. The state has also gone ahead and suspended the diesel sales tax which is currently 23 cents per gallon- for a whole year. This suspension will start on the 1st of October. The money therefore will be set aside for the projects which are based on local transportation infrastructure, along with rent and other utility cost relief programs.

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