$600 Stimulus Check For Oregon Residents

Stimulus check
Stimulus Check

The state of Oregon will be able to start providing one-time Stimulus Checks of $600 to close to 250,000 low-income households as early as this week thanks to a measure passed by the Oregon Legislature earlier this year.

More than 236,000 households will get the payment. To be eligible, a household member must have included Oregon Earned Income Tax Credit on their 2019–20 tax return and have called Oregon home for at least the second part of 2020. The $600 is exempt from both state and federal income taxes.

A total of $141.8 million in one-time assistance will be given. The state of Oregon will present $600 cheques to more than 200,000 employees as early as this week.

Are You Eligible For The Stimulus Check?

Legislators in Oregon authorized the one-time stimulus payment for a certain class of low-wage workers in March. The reimbursements will go to Oregon residents who filed for the Earned Income Tax Credit in 2020, a tax break for working households with modest incomes, and who lived in the state for the last six months of that year.

The Oregon Department of Revenue said on Wednesday that 236,000 qualifying households received a payout of over $141.8 million. Each household is only permitted to make one Stimulus Check. The remaining $60 million will be delivered through the mail, and the remaining $82 million will be deposited directly into the qualified individuals’ savings accounts. The state says those who qualify will receive their money by July 1.

The state is required to cover the cost of the Stimulus Checks out of federal pandemic funding that Congress approved last year.

According to Rich Hoover from The Oregon Department of Revenue, the Stimulus Checks are not subject to either state or federal income tax.

House Bill 4157 was passed by significant majorities in both chambers of the Oregon Legislature this spring, with a small number of Republicans joining the majority of Democrats in its support.

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