Christmas arrived early for Indiana residents as the authorities announced $125 worth of Stimulus checks. However, the question remains: will there be more of where that came from?
The Governor of Indiana, Eric Holcomb, has been busy trying to get the taxpayers of the state some more stimulus checks. His proposal directly indicated that.
According to the newly proposed law from the governor’s office, the regular taxpayers might have $225 for single filers, and for couples, it will be $450. In the recent budget, Indiana has already managed to have over a billion of surplus, and already a billion of that has been sent back to the pockets of the taxpayers.
How Should The State Send These Stimulus Checks?
The best part about these payments is you don’t need the boring paperwork to receive these payments. However, you still have to meet some of the criteria to qualify for them. Here we will mention some of them below:
- At first, you have to be a permanent resident of the state for the last year
- You must file your tax returns for 2020 when the pandemic first hits the world.
The governor introduced his new proposal for the proposed stimulus check payments on the 6th of July, 2022. Thus, as things stand, the assembly will have time till August 15th to determine if they would like to move with it or not.
The governor, Eric Holcomb, has confirmed this to be the best and the most efficient way to return the money to the taxpaying residents of the state.
As per our sources, almost 85% of the total population of the state will receive those previously mentioned amounts of stimulus checks. The deposits are hoped to be completed by September.