It has been reported that the residents in the state of Missouri, United States, could be a shoo-in for a $500 stimulus check payment. This would form a part of the new tax rebate plan that is being currently supported by the Senate.
The reasoning behind the stimulus rebate is to help the residents in the state deal with the rising rate of inflation in the United States- an issue that has been creating issues throughout the globe. The plan does appear to be generating widespread support to date, but in order to be a reality, it would need to be voted in by the House as well as Governor Mike Parson.
Residents of Missouri Could Be Receiving A Stimulus Check
One of the main sources of confusion that come out with any stimulus check payment is the eligibility of the local residents. For this payment, individuals who have been earning under a sum of $150,000 and married couples who have been making below $300,000 would be qualifying for the payment. There is quite a chance that the payment will be adjusted for the marital status of people so that individuals would be seeing a payment of $500, while couples will have a payment of $1000 at their doorstep.
There is also a chance that the refunds from the stimulus check payment will be prorated to make sure that the overall amount that the state would pay is under $500 million. The House also has a similar plan in place that it could potentially be discussing with the state government. This proposal would imply that there are no income requirements for the payment and there will be a cap of $1 billion before the payments are prorated.
One of the most important requirements for this stimulus check payment is that residents need to have paid their taxes in the past.
