While the federal checks went out to all Americans with earning below a certain sum, the present wave of stimulus checks is linked to a person’s residence. The latest round of stimulus checks are linked to states and your eligibility will depend on the state you reside in.
Individual states have launched their stimulus checks and allied benefits for their resident taxpayers. They include a host of benefits, from gas rebates to relief checks, going out to people who have opted for a job in the state.
Several states are considering stimulus checks for their residents under various schemes and benefits. The driving force behind this initiative by state governments is federal pandemic funds and budget surpluses of the states themselves.
Another factor that is driving this state stimulus check initiative is the withdrawal of any more federal support at this moment for state stimulus check initiatives.
State Stimulus Check Initiatives
California is considering a gas stimulus check that will cover support of $400 for each car with each family receiving a maximum of two.
Georgia is set to announce a tax rebate. Single filers can expect a check of $250 while married couples filing jointly can expect double that. Household heads will get a payment of $375 each.
Hawaii is considering a tax discount of $300 for filers earning below $100,000 while Idaho is giving a direct deposit of 12% of the 2020 state tax subject to a minimum of $75.
Kentucky is debating a one-time check of $500 to individuals, $1,000 to households, while Maine is sending a direct check of $850.
New Jersey is considering a tax rebate on the property of a maximum of $250 for renters while homeowners will get a generous $700.
New York City is mulling a rebate on property tax for 2021 to 2023 while Virginia is considering dismantling the grocery tax while suspending for a year the state gasoline tax. New Mexico is set to announce a one-off tax rebate of $250 and $500 respectively for individuals and a married couple filing jointly.