About 23 million California residents have "inflation relief" checks up to $ 1,050 on Governor Gavin Newsom's budget. I will receive it soon. And a state legislator on Sunday.
Checks are part of a $ 17 billion bailout package that suspends state sales tax on diesel fuel and helps people with rent and utility bills We will provide additional assistance to you. G. Atkins and Speaker of Parliament Anthony Rendonsaid in a statement.
The agreement is that California drivers face the highest gasoline price in the United States, and the average price of 1 gallon of gasoline. But Monday's state price is $ 6.32, about 29% higher than the national average. Earlier this year, Newsome suggested thatsenda $ 400 stimulus check per vehicle with caps to state residents. .. However, other lawmakers have requestedto plan to provide larger checks to low-income people.
We have agreed with the Legislature on the California budget.
This budget is an immediate return to millions of people working on global inflation and rising costs while tackling some of the biggest challenges of our time. Take action.
Here's what you need to know:
— California Governor's Office (@CAgovernor)June 27, 2022
Relief checks are for residents to "global inflation" And is designed to help address the rise in prices of everything from gas to groceries, the legislator said in a statement. The California plan works as follows:
Where does the money come from?
Checks are designed as tax refunds and result from the state's record $ 97 billion budget surplus.
Who is subject to the inflation relief check?
Payments are similar to stimulating checks sent by the federal government in that they are based on income, tax filing status, and household size.
Low- and middle-income Californians are in a position to receive the largest checks.
So, with a total income of $ 125,000, a couple with two children is eligible for $ 350 per adult and $ 350 for a child, for a total of $ 1,050.
What about high-income Californians?
High-income residents receive a small payment.
- Single taxpayers between $ 75,000 and $ 125,000 per year, and couples with incomes between $ 150,000 and $ 250,000 pay $ 250 plus the same payments to their dependents. Receive up to $ 750 per family.
- Singles with an annual income of $ 125,000 to $ 250,000 and couples with an annual income of $ 250,000 to $ 500,000 each receive $ 200 plus the same amount for their dependents. This is equivalent to paying up to $ 600 per family.
What about families who earn over $ 500,000?
Couples with incomes over $ 500,000 and single taxpayers with incomes over $ 250,000 are not eligible for payment.According to Sacramento Bee.
When will the check be issued?
Checks will be sent by direct deposit or debit card by late October. According to,will be sent to the local station KCRA.
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