Stimulus Check 2022: Are You Eligible For The New State EIP?

Stimulus Check
Stimulus Check

According to state lawmakers, over 23 million citizens of California, which has the highest average gas prices in the US, may soon get stimulus checks to help with rising expenses.

Tens of millions of Californians will get tax refunds in the coming months thanks to a $17 billion stimulus check plan that Governor Gavin Newsom (D) revealed on Sunday. According to legislators, the proposal, which is a component of the state’s budget for 2022–2023, would also suspend the sales tax on diesel fuel in California and provide greater aid to those who require assistance with their utility and rent expenses.

Stimulus Check For Eligible Residents

The state’s budget excess of $97 billion will be used to pay for the stimulus checks, which are anticipated to arrive in the autumn. It is also unknown how the state’s high inflation will be impacted by the relief checks, despite Newsom’s claim that they will “help you fill your gas tank.” Although the Newsom administration has refuted this claim, several state experts have raised worry that increased fuel costs might result from the inflation relief checks.

The average cost of a gallon of ordinary petrol in California is by far the highest in the nation. According to AAA, the state’s average gas price as of Tuesday was $6.30 a gallon, which is 29 percent more expensive than the $4.88 national average. According to AAA, the average cost of petrol is $5 or higher in 12 states and the District of Columbia. Global energy markets have been severely affected by Western sanctions on Russia over its invasion of Ukraine, although the most major one—the European Union’s embargo on Russian oil imports—will not take effect until the end of this year.

California Governor Gavin Newsom had presented a plan to provide citizens with $400 stimulus checks per car, but lawmakers opposed it because they wanted greater compensation for people with lower incomes.