Several million people get a new $600 stimulus payment next month. Before you get carried away by your joy, however, there is one big caveat to add. This is a California stimulus check we’re referring to, exclusively for residents of the Golden State, whose recently approved budget of $100 billion may be.
Advantages of the state budget agreement signed into law in recent weeks by California Governor Gavin Newsom, include the following. Millions of Californians who earn between $30,000 and $75,000 a year will receive the $600 incentive check, among other things. We should note that a payment is an extension of California’s stimulus efforts that already sent out $600 incentive checks to residents earlier this year. of the low-income state.
California stimulus check coming in September
This is of course also happening against the background of the further roll-out of the stimulus measures at the federal level. At the same time that Californians will be getting a few hundred extra dollars from the state, the same will come in the form of child tax credits.
Through December, U.S. families with eligible children will receive a total of six monthly checks. Those checks are, for all practical purposes, new incentive payments. More specifically, they are partial advances from the expanded federal child tax credit. At the same time, the rollout of federal government stimulus check #3, generally for $1,400, is also continuing. The California stimulus check, meanwhile, is along the lines of the latter — a true one-time infusion of stimulus money.
Another important note about California’s efforts: The state budget also provides for payments of $500 for undocumented migrant families. In addition to parents and guardians of dependent children.
Meanwhile, nearly 40 million people live in the state. And of those, it is estimated that about 26 million people can expect this new California stimulus check.
In a tweet last monthNewsom’s office hailed the effort as “the largest tax cut in U.S. history going directly to Californians and middle-class families.” Among other facets of California’s new stimulus plan, the state now also offers the largest tenant relief package in the US. There is a total of $5.2 billion to help low-income tenants and landlords. The aid is intended to cover 100% of the rent arrears, as well as future rent for several months in the future.
“California is coming back from this pandemic because we are behind you,” the governor said. in a press release. “It’s in that spirit that we’ve used California’s historic surplus to make historic investments… We’re providing direct aid to struggling families and putting money in the pockets of small business owners across the state.”
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