California Governor Gavin Newsom this week announced a $ 9.6 billion relief package that will include a new round of $ 600 stimulus checks for low-income residents.
According to Newsom, payments of $ 600 will be sent to “those with incomes below $ 30,000, as well as those unfairly excluded from previous federal stimulus payments.”
The $ 600 payments will have no effect on the $ 1,400 stimulus checks from Biden’s COVID-19 relief plan.
Congress is not in session this week, which means that next week, at the earliest, Biden’s $ 1.9 trillion COVID-19 relief package could potentially receive a vote. If the bill makes it through the House and Senate, it is possible that it will be on President Biden’s desk by Monday, March 1, and we know how quickly the IRS can get the direct deposits, this which could make March 8 the first. day eligible Americans start seeing their $ 1,400.
Between the pandemic and the devastating winter storms, there are many Americans who are in desperate need of help, and some states are taking extra steps to help their populations. California Governor Gavin Newsom on Wednesday announced that low-income Californians will receive $ 600 stimulus checks as part of a $ 9.6 billion relief package that will affect a number of sectors that have been heavily affected by the pandemic.
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Newsom’s Golden State Stimulus plan will apply to Californians earning less than $ 30,000 and those the state considers “unfairly excluded from previous federal stimulus payments.”
The agreement provides a one-time relief of $ 600 to households receiving the California EITC (Earned Income Tax Credit) for 2020. Additionally, the agreement provides a one-time payment of $ 600 to taxpayers with individual tax identification numbers (ITINs). ) who were excluded from receiving federal payments of $ 1,200 per person last spring and more recent federal payments of $ 600.
The agreement would provide payments of $ 600 to households with ITINs and incomes below $ 75,000. ITIN taxpayers who are also eligible for the California EITC would receive a total of $ 1,200. Payments will be released to these households shortly after filing their 2020 income tax return.
According to Newsom, a total of 5.7 million out-of-pocket payments will be made to low-income people in California under the plan. These payments will have no effect on future federal COVID-19 relief, which means most Californians who receive the $ 600 checks are also expected to receive $ 1,400 checks next month.
In addition to direct payments, the relief program also includes more grants for small businesses, fee waivers for bars and restaurants, childcare allowances, student financial assistance, etc.
“As we continue to fight the pandemic and recover, I am grateful to the Legislative Assembly’s partnership to provide emergency relief and support to California families and small businesses where they need it most.” Governor Newsom said in a statement on his website regarding the relief program. . “From child care, helping small business owners, direct financial aid to individuals, financial aid to community college students and more, these actions are essential for millions of Californians. that embody the resilience of the Californian spirit. ”
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Jacob began to cover video games and technology in college as a hobby, but it quickly became clear to him that this was what he wanted to do for a living. He currently resides in New York and writes for .. His previously published work can be found on TechHive, VentureBeat, and Game Rant.
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