The economy the way it is now, looks like a jumbled bag. And a mixed bag it is as employment is high on one side, and on the other side, the Federal Govt is putting in hard work to get the inflation caused by the Pandemic by issuing stimulus checks. It does not seem that the stimulus checks will go away soon until something happens on a very big scale. Only then it seem the stimulus check will be done and dusted with.
The state legislatures of the state were tasked to make decisions for stimulus checks based on three criteria, namely how they wanted to spend the federal funds. Secondly, they had to decide if they were eager to share the federal fund received with the residents of the state. Thirdly, what would be the eligibility for the residents to qualify? Each state worked out its own way to distribute stimulus packages.
Stimulus Check: Few States Eligibility Criteria And Refund Discussed
Arizona: in order to qualify for USD 2000, residents must show that they are employed after two tough years and they must show that they must hold on to their new job for a minimum period of 8 weeks.
California: The GDP of California is bigger than that of India or the UK. They had earlier issued stimulus payments, which were between USD 600 to USD 1200. Now they are busy working out the details to offer between USD 500 to 1100 as stimulus payments.
Colorado: Residents of Colorado who receive a minimum of one unemployment check between 15 March 2020 and 24 October 2020 will receive USD 375.
Maryland: Residents of Maryland who filed their income tax returns for 2019 will receive between USD 300 to USD 500 as stimulus payments.
New Mexico: Residents who were not eligible for the stimulus payments earlier will receive USD 750 as a one-time payment.
