California Economic Stimulus Check: What’s It About?
Called the Estímulo Golden State (Golden State Stimulus), the government’s economic stimulus check provides a one-time payment of $ 600 or $ 1,200 to qualified individuals. For example, households whose income is less than $ 75,000 are eligible. The state program announced by California Governor Gavin Newson is financial aid for immigrants and residents of California that supplements aid from the federal government. Between the stimulus check and other forms of financial assistance, this program would be allocating $ 9.6 billion dollars to help the California economy recover. The program has not yet been approved, as legislative action is pending. If approved, the funds are expected to be distributed between February and March.
Financial assistance is for around 5.7 million people
If you are an immigrant without legal status and contribute with your taxes, You may qualify for this program! Please note that to receive a stimulus check you must have previously filed taxes. Find more information about eligibility below:
- California residents earning less than $ 30,000 a year would be eligible to receive the California Earned Income Tax Credit (EITC) for the year 2020. Those who file taxes with the Personal Taxpayer Identification Number (ITIN) could receive a total of $ 1,200 between the credit and the new stimulus.
- Taxpayers who have not received economic stimulus payments from the federal government are eligible for the stimulus check if their annual income is less than $ 75,000.
- In addition, the $ 600 check is intended to be distributed to households that are registered in the California Work Opportunity and Responsibility to Children Program (CalWORKS) and those who receive supplemental payments from the Immigrant Cash Assistance Program (HEADS).
It is estimated that about 5.7 million payments will be distributed to individuals in California through this program.
Other Financial Assistance Programs for Food, Housing, and Bill Pay
In addition to the Golden State Stimulus, the California government proposes other additional programs as part of the economic stimulus package. Then review the ways to help that the state grants
- It is intended to grant $ 2.1 billion dollars for small businesses. It would represent an expansion of the program started in December that to date has helped 21,000 small businesses with a budget of $ 500 million.
- Financial aid in the order of $ 100 million is proposed for low-income students taking six or more subjects at California community colleges.
- Funding of around $ 24 million to provide financial assistance to farmworkers who have had to be quarantined by COVID-19, through the program Farm worker housing.
- $ 35 million for food and diaper banks
- $ 6 million for students from the University of California, California State University, and California community colleges eligible for CalFresh, the food stamp program.
How to get the $ 600 check
This program extends the support offered by the golden state last year, which helped people without legal status receive an economic stimulus after being excluded from the stimulus by the federal government. Once it is approved, instructions will be released by the government to access these funds.
In the meantime, you may want to explore the benefits of PODERcard — the Visa® debit card and bank account we launched for the community. If you receive economic incentives from the government, you can receive them directly on your PODERcard. Go ahead and open an account today!
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