Beginning next month, the first batch of $3,200 stimulus check will be distributed to qualified Alaskans.
The state assembly adopted the yearly budget and included a clause stating that qualified residents will receive $3,200 payments by the end of 2022. According to Alaska Public Media, direct payments should begin arriving in eligible residents’ bank accounts on September 20.
Direct payments for eligible beneficiaries who choose paper stimulus check won’t start arriving until October.
According to the study, the state Senate first authorized payments of $5,500 to qualified residents. Both chambers agreed to the $3,200 direct payments after the state House objected to the $5,500 cheques. Along with the rest of the state budget, Governor Mike Dunleavy signed the bill into law (R-AK).
Alaskans Are Going To Get Stimulus Check Soon:
According to proponents of the sizeable contribution, inflation, rising energy prices, and other economic concerns for people justified a larger direct payment.
According to the report, the direct payment is the largest in state history and is funded by the Permanent Fund dividend.
This budget is a blueprint for Alaska’s future, not just a list of expenditures. Budgets should reflect the goals and values of the people they are intended for, and I think this legislation does that. Those are the words of Dunleavy.
Here are some other states already providing these stimulus check:
This summer, Colorado is offering the “Colorado Cash Back,” a tax rebate of $750 for single taxpayers and $1,500 for married couples filing jointly.
California is preparing to provide millions of households with another wave of direct payments, this time in the form of a tax return of up to $1,050 dubbed the “Middle Class Tax Refund.”
The $1.83 billion Family Relief Plan, introduced by Illinois in early July, featured income and property tax rebates and a temporary reduction in several sales taxes, such as the suspension of the 1 percent sales tax on groceries through June 30, 2023.