Stimulus Checks, Rebates, Other Payments to Hit Bank Accounts Next Month

Several states are set to mail out stimulus checks, tax rebates, and other payments in September amid near-historic inflation.

Recent data released by the federal government show that the Consumer Price Index, a key inflation metric, remained relatively elevated at 8.5 percent in July. While that was down from 9.1 percent in June, the figures represent highs not seen in about four decades.

Alaska

Alaskans can expect payouts of up to $3,200 per person to be deposited into bank accounts on Sept. 20, including a payment of $650 meant to offset higher fuel costs, according to a government announcement last month.

The Alaska legislature in July passed a budget compromise that includes $3,200 payments to Alaskans. The budget compromise had a $2,550 Permanent Fund dividend and a $650 in one-time energy relief assistance for each dividend recipient.

It will be a single payment to all eligible Alaskans whose applications were approved by Sept. 9. People who filed a paper application or requested a paper check will receive it starting around Oct. 3.

“Alaskans, especially in rural communities, will have to pay extraordinarily high fuel and heating oil bills this winter, and rampant inflation is forcing all Alaskan families to pay more for basic needs, like food and medicine,” Gov. Mike Dunleavy said in a statement about the program.

Illinois

In Illinois, the state’s Family Relief Plan is offering single filers $50, while joint filers will receive $100. Families with dependents can get up to $300, according to the state.

Those payments will be sent beginning on Sept. 12, the state said on its website.

To qualify, people must have been an Illinois resident in 2021 with adjusted gross income on 2021 Form IL-1040 of less than $200,000 as a single filer or under $400,000 as a joint filer, the website indicates.

Minnesota

Eligible workers under the Minnesota Frontline Worker Payments program will qualify for stimulus payments worth as much as $750, according to the state.

Front-line workers, according to the state, work in health care, long-term care, emergency services, schools, retail, child care, and public transit. Those who applied between June 8 and July 22 and are eligible will get the money between September and October, officials told CBS News.

Indiana

Residents in Indiana can receive tax rebates worth as much as $650, according to the state’s website. Checks were supposed to be sent out in August but were delayed due to a shortage of paper.

“With roughly 50,000 checks printed each day, their office anticipates all 1.7 million refund checks will be mailed by early” October, according to the government site.

Individual taxpayers can get $325 and couples filing jointly will get $650.

Colorado

Colorado residents who filed to have their 2021 tax return by June 30 can get a check of $750 by Sept. 30, according to the 1992 Taxpayer’s Bill of Rights. Joint filers will receive up to $1,500, the state said.

Residents will receive a Colorado Cash Back rebate by Sept. 30, the state website said. Extended filers who have a deadline of Oct. 17 will get their rebate by Jan. 31, 2023.

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