As the price of gasoline continues to rise, California’s governor is considering a fourth stimulus check payment of $400 for gas.
At the gas pump, where prices have increased, a $400 fourth stimulus check may be distributed.
The state has suffered the most from inflation at the gas pump of any state in the United States.
California Governor Gavin Newsom’s proposal would help reduce energy and transportation costs.
Gas prices reached a record high of $5.80 per gallon last week.
Last year at this time, the price was $3.76.
To assist, Newsom has created a proposal to assist financially impacted residents.
Fourth Stimulus Payment: Will Supplemental Security Income or Social Security recipients receive another payment?
Newsom’s bill includes a fifth stimulus payment.
Governor Newsom’s bill does not simply provide a $400 payment to qualifying residents.
Three months of free transportation will be provided.
He wants to expedite the distribution of incentives for electric vehicles and charging stations.
Additionally, funding for bicycle and pedestrian projects would be a benefit.
$400 stimulus check/gas rebate for the fourth time
$9 billion of the $11 billion budgeted for this bill will go toward providing residents with a $400 payment for each registered vehicle per household.
Households are limited to two $400-per-vehicle vehicles.
The $400 is comparable to the amount individuals pay in state excise taxes each year.
If approved, payments could begin as soon as July.
To qualify, you must own a vehicle registered with the California Department of Motor Vehicles.