STIMULUS CHECKS are being issued to residents in ten states as calls for a fourth federal payment continue.
California, Colorado, Maryland, New Mexico, New York, Florida, Georgia, Michigan, Tennessee, and Texas have all established an extra stimulus program to aid residents hardest hit by the pandemic.
The states are either tapping into their own budget or are using the extra money allocated in federal relief as part of the American Rescue Plan.
States were allotted more than $200billion to spend on economic recovery from the Covid pandemic and have until the end of 2021 to use the funds.
Many households have already spent the third stimulus checks – which the IRS started dishing out in March.
And millions of Americans are losing their extra unemployment benefits from this week.
Californians earning less than $75,000 can expect to receive a $600 check in the coming weeks and an extra $500 if they have a dependent.
The California Franchise Tax Board said beneficiaries should expect to see the money in their accounts in the next few days after 600,000 stimulus checks were issued last week.
About two million people are expected to receive the third round of payments, in both direct deposits and paper checks, around the middle of October, according to state authorities.
Read our stimulus checks live blog for the latest updates on Covid-19 relief…
The program is worth an estimated total of $354million.
To claim the cash, residents must file a 2020 state tax return by October 15, according to the California Franchise Tax Board.
The California-only round of stimulus checks is being sent to residents using federal Covid relief package funds and the state’s own budget surplus.
About 66 percent of California’s population is expected to receive at least a $600 check.
Residents who received at least one unemployment payment between March 15, 2020, and October 24, 2020, will receive a $375 check in Colorado, according to GoBankingRates.com.
HIgh-income workers are not eligible if they qualify for more than $500 per week in base unemployment benefits.
Earlier this year, Governor Ron DeSantis approved $1,000 bonuses for the state’s teachers and principals in its K-12 public schools and public charter schools.
It means checks will be dished out to more than 170,000 Florida residents.
According to CBS Miami, the funding stems from $216million in federal stimulus money.
Governor Brian Kemp authorized a one-time $1,000 bonus check for full-time teachers and administrators in Georgia.
Part-time teachers receive a $500 check.
Maryland authorized stimulus checks earlier this year, but with a catch.
The extra cash is only available to those who claimed the Earned Income Tax Credit on their tax returns – a credit… Brinkwire Brief News.