Fourth Stimulus Check Update: Ten States Will Provide Payments, Tax Relief, and Gas Cards

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In light of high inflation and rising prices, nearly a dozen states will distribute stimulus payments to residents.

The federal stimulus checks distributed by the United States government have ended. Even as American families continue to struggle with inflation, provisions such as the expanded Child Tax Credit, which amounted to as much as $300, have expired.

Several states across the United States have enacted legislation that would provide residents with stimulus payments.

 

Stimulus Check

 

In mid-March, California Governor Gavin Newsom announced a plan to send gas rebates to California-registered vehicle owners. Debit cards containing a one-time payment of $400 would be used to distribute the rebates.

Each participant in the gas rebate program was eligible to receive up to two payments. A family that owns more than two vehicles will receive no more than two payments. The proposal would be determined by an individual’s vehicle registration.

 

Georgia

Georgians who filed their taxes for the years 2020 and 2021 may be eligible for a rebate financed by the state’s tax surplus. The one-time payments will be $250 for single filers, $375 for those filing as heads of household, and $500 for married couples filing jointly. However, the amount received could be reduced if the recipient owed taxes or delinquent child support payments to the state.

 

Hawaii

Residents with incomes below $100,000 may be eligible for a $300 one-time payment. The payments may increase proportionally to the number of dependents. This means that a family of four in Hawaii with an annual income of less than $100,000 could receive up to $1,200 in stimulus payments.

In January, Idaho Governor Brad Little signed a bill that would send residents a check for the greater of $75 or 12 percent of their 2020 state tax liability. The rebates were initially distributed in March.

 

Illinois

This fall, the state will provide rebates to adults and dependents. The amount of the checks would be $100 for adults and $50 for dependents. In addition to rebates, Illinois seeks $300 in property tax relief and a temporary freeze on sales taxes on school supplies.

Residents of Indiana who file their taxes for 2020 prior to January 2020 are eligible to receive one-time stimulus checks worth $125. Couples are eligible to receive up to $250 in payments.

 

Maine

Individual taxpayers earning less than $100,000 annually, heads of household earning less than $150,000 annually, and married couples earning less than $200,000 annually and residing in Maine may receive a one-time payment of $850 if they file their taxes for 2021 by October 31.

Last year, New Jersey Governor Phil Murphy approved legislation that would distribute $500 checks to approximately 760,000 middle-class families. Murphy recently proposed including workers with a tax identification number (TIN) and their spouses and dependents on the list of those eligible to receive the money.

 

The state of New Mexico

The residents of New Mexico will receive multiple checks. Individuals who earned less than $75,000 and married couples who earned less than $150,000 and filed taxes for 2021 will receive payments of $250 and $500, respectively, in July.

Additional payments of $500 for single filers and $1,000 for married filers will be issued by New Mexico officials in two installments in June and August.

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Kathy Hochul, the governor of New York, enacted several budget relief plans that included property tax relief of up to $970. In addition, the state enacted a suspension of the $0.16 gas tax until the end of the year.

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