RECORD high inflation rates have prompted states to fund initiatives in an effort to help ease the burden of high prices.
Florida’s “Hope Florida – A Pathway to Prosperity” is offering a one-time payment to foster and adoptive families.
The initiative offers $450 per child to eligible families.
Governor Ron DeSantis signed off on the plan, allotting $35.5million from the state budget to fund the payments.
DeSantis and his wife, Casey publically supported the initiative claiming it would help families who have welcomed children into their homes.
IRS is still working through a 2021 backlog
A recent report shows that 10million people are still waiting on their stimulus checks.
The Treasury Inspector General for Tax Administration conducted the report, revealing several factors as to why payments may be delayed.
In addition to an IRS backlog of hundreds of thousands of tax returns, there were some individual mistakes.
Most people received their stimulus checks by check or direct deposit, reports the Rogersville Review.
Others received them in the form of debit cards. Many mistook these cards as junk mail and regrettably threw them out.
The report by TIGTA said that manually verifying the stimulus claims and debit card policies has delayed the payments for many people.
If you missed out on your payments, you can go to GetYourRefund.org to claim the funds.
Amount of stimulus checks issued
The IRS said it issued $931billion worth of federal stimulus checks in 2020 and 2021.
For comparison, the IRS sent less than $200billion in stimulus money to Americans between 2001 and 2019.
Casey DeSantis weighs in on $450 payments
Florida’s first lady spoke on the payments, saying: “We are doubling down on bringing together public and private groups to collaborate and communicate with and on behalf of Floridians,” she said in a press release.
The governor’s wife added: “I am on a mission to make sure that no child in Florida goes without hope, happiness and a home.”
“That means doing everything we can to support to those who have stepped up and welcomed these children into their homes,” she said.
DeSantis’s letter to families
In the letter Florida Governor Ron DeSantis sent out along with the $450 checks, he wrote in part: “As a father of three young children, I know that getting ready for a new school year can be both exciting and stressful.”
DeSantis’ letter went on to read: “This one-time payment can be used for anything from buying diapers to fueling at the pump.”
He concluded by saying: “Please accept this payment as a form of gratitude and acknowledgment for all that you do to help nurture Florida’s future.”
Florida families: These letters are real. These one-time payments of $450 per child are part of @GovRonDeSantis new budget.
One-time $450 direct payments going out in Florida
Florida is sending out a batch of new stimulus checks worth $450 to close to 60,000 families to help offset the effects of inflation. The state’s foster and adoptive families will get the one-time payment.
The Governor’s office announced the rewards this week, but authorities haven’t specified the precise conditions for receiving them.
The money is provided to qualified families as part of the “Hope Florida – A Pathway to Prosperity” project, which gives $450 for each child.
The $35.5million allocated for the stimulus payments comes from the Florida state budget approved by Governor Ron DeSantis in June. Checks and a letter from the governor have already begun to be distributed.
$600 checks in Oregon, continued
To be eligible, you need to qualify for and claim the Earned Income Tax Credit on your 2020 tax return.
The deadline to file was December 31, 2021, or April 15 for an amended return. Those who missed the deadline will not receive the one-time payment.
However, they can still amend their federal and Oregon return to claim the Earned Income Tax Credit for that year.
$600 checks going out in Oregon
The Oregon Department of Revenue (DOR) said that it is issuing more than 236,000 stimulus checks.
They are worth $600 each under the state’s One-Time Assistance $141.8million plan, which was approved by lawmakers in March.
The stimulus payments are going out to low-income workers who worked during the pandemic.
Struggling fathers to get funds
Struggling fathers in Columbia, South Carolina can get recurring support under a city program.
Last year, 100 low-income fathers in Columbia got debit cards worth $500.
They will keep getting those payments for several months.
South Carolina offers rebates of up to $800
In June, South Carolina lawmakers in both the House and Senate reached a compromise on a $13.8billion state budget, local television media WLTX
All South Carolinians who filed tax returns can receive up to $800 off their income tax liability.
Out of 2.5million residents that file tax returns, roughly 44% pay nothing in income taxes, according to WLTX.
New Mexico rebates, part three
The state will also send out direct relief payments to non-tax-filers.
Single households that do not have any dependents will receive a $500 payment, and married couples will pocket $1,000, according to New Mexico’s Tax and Revenue Department.
Around 33,000 New Mexicans are eligible for the check and it’s estimated that around $18million worth of relief payments will be issued.
Around $20million has been set aside to provide the checks to non-tax-filers.
Officials have said that the relief payments will be issued by July 31, 2022, but the checks could be issued sooner if residents provide up-to-date banking information.
New Mexico rebates, continued
Residents have been warned that they may have to wait up for a month to receive their payment to arrive, KOAT reports.
Governor Michelle Lujan Grisham revealed that there more than half a million taxpayers are set to receive a $250 payment in August.
New Mexicans that didn’t submit their tax returns earlier this year had until May 31, 2023, to file and still receive a rebate.
New Mexico residents to get up to $500
Hundreds of thousands of New Mexicans are expected to see direct payments worth $250 and $500.
Single filers that earn less than $75,000 and have submitted their 2021 New Mexico Personal Income Tax return are set to receive a $250 payment this summer.
Married couples that file joint tax returns and have an income under $150,000 will get a refundable income tax rebate of $500.
Checks are being issued via direct deposit and through the mail.
Newark expands UBI pilot program
Thanks to Newark, New Jersey expanding its guaranteed income pilot program, 400 residents will now get payments for two years, the Sun reported last month.
The payments totaling $12,000 over two years will be given out in two ways.
Half of those participating in the program will get $250 on a biweekly basis, while the remaining 50 percent will get two payments of $3,000 each year, according to a statement by the city.
The residents in the program were selected after applying via an online portal, which was done in partnership with the University of Pennsylvania’s Center for Guaranteed Income Research.
The residents were selected based on the following requirements:
Child tax credit in New Jersey
Under a new law in New Jersey, households can claim a child tax credit if they make $80,000 or less.
Here’s the breakdown of how much you’ll receive, which will depend on income.
The new policy is set to take effect on January 1, 2023.
However, Republican lawmakers in the state criticized the tax credit because eligible households would have to wait until 2024 to apply for it after filing taxes, reports NJ Advance Media.
New Jersey’s $40million stimulus effort
Using funds from the American Rescue Act, New Jersey lawmakers launched the Excluded New Jerseyans Fund — a $40million package designed to provide relief to undocumented immigrants affected by the Covid pandemic.
Successful single applicants were in line for a check worth up to $2,000, while families with an income of less than $55,000 could get $4,000.
The deadline for applications was February 28.
Colorado taxpayers get dividends in August or September
Governor Jared Polis announced earlier this spring that Colorado taxpayers will receive a dividend of at least $400, KDVR/Fox 31 News reported.
The dividends are a product of the Taxpayer Bill of Rights.
Here are the key takeaways, as summarized by the outlet:
Housing funds available in Delaware
Delaware is providing up to $40,000 per person to cover a mortgage, property tax, water and sewer utilities, HOA fees, homeowner insurance, and other expenses, according to the state website.
The $50 million will be available until 2025, or until the funding runs out.
It is part of the American Rescue Plan, a federal Covid-19 relief package.
Recipients must be:
Some Delaware households can apply for $1,000 direct payments
Delaware is rewarding child care professionals for working through the pandemic by sending them $1,000 checks.
The state will spend $10.6million in American Rescue Act funds to make this happen, according to a statement by the Department of Education.
To qualify, Delaware residents must be 18, provide proof of employment, and work 20 hours per week for at least 90 days.
Applications are due by July 29.
Delaware sends out $300 rebate
In April, Delaware Governor John Carney approved a tax rebate for more than 600,000 residents of his state.
The direct payments will go out to residents in the state that filed a Delaware resident personal income tax return for 2020.
Individuals will receive $300, while married couples filing jointly will get $600.
Checks were issued in May, but taxpayers and non-filers who didn’t receive the stimulus can check out the Department of Finance‘s website for assistance.
Hawaii passes new legislation including payments
Working families and individuals who are residents of Hawaii, along with their dependents, could benefit from the windfall after the state’s Governor David Ige, signed two measures into law – one tied to the $300 payments.
In order to be eligible for a tax refund under the new SB514 legislation, you must:
For those whose earnings are above those thresholds, they will receive $100.
The tax rebate package would benefit taxpayers and dependents who filed in Hawaii for 2021, and is expected to cost the state about $250million.
That means an eligible family of four could earn up to $1,200 in state funds.
Refunds are due to start rolling out in the last week of August, according to the state Department of Taxation.
Gas tax relief may be next in Virginia
Lawmakers in Virginia are split on whether to pause the state’s gas tax which currently stands at $0.26.
Republican Governor Glenn Youngkin wants a three-month pause, while Democrats propose sending $50 checks to help drivers, according to Fox5.
House Democratic Leader Eileen Filler-Corn told the outlet: “Virginians are hurting, and we need a plan that’s going to help Virginians, and most of the governor’s plan would help out-of-state drivers and also oil companies, so we’re talking out our plan to ensure that we can take action and get money directly to Virginians.”
State Republicans think the amount is just a “drop in the bucket.”
Virginia also axes grocery tax
On June 1, Virginia’s General Assembly approved its two-year spending budget.
Lawmakers agreed to get rid of the 1.5 percent grocery tax but are leaving a 1 percent local levy, NBC News reported.
Virginia approves rebates worth up to $500
Virginia‘s General Assembly approved a tax rebate for eligible residents.
Taxpayers will get $250 rebates, while couples who file jointly will get $500.
Virginia residents who filed their taxes before July 1, 2022, are likely to receive their tax rebate during September or October of this year.
Residents who think they may qualify for the tax rebate must file their taxes by November 1, according to the Virginia Department of Taxation.
The tax rebate is expected to be sent via a check or direct deposit, depending on how a person received their tax refund.
Atlanta to pilot UBI
The Sun previously reported that at least 650 Black women in Atlanta, Georgia are set to get monthly $850 payments over the next two years through the Georgia Resilience and Opportunity Fund.
It’ll initially be available in Atlanta’s historic Old Fourth Ward, but will later expand to at least two extra sites in Southwest Georgia and the Metro Atlanta suburbs.
Georgians who received unemployment told to pay it back
The Georgia Department of Labor (DOL) issued a statement claiming that thousands of people in Georgia were overpaid in unemployment benefits, and regardless of who’s at fault, the funds must be repaid.
According to the CBS46 investigation, since the start of the pandemic, the state overpaid $84million worth of unemployment benefits.
The DOL is now actively working to get the money back and the department has already reclaimed $38million.
Direct payments up to $750 available for thousands – deadline to apply is TODAY
I’m an Aldi fan – amazing finds you wouldn’t expect to see in a discount store
Thousands of Americans have days left to claim up to $750 of summer cash
Millions could be in line for $250 rebate checks from $2.5billion pot
Leave a Reply