SIX states have decided to take stimulus checks into their own hands and will send residents direct payments in September.
Alaska has approved a $3,200 direct payment, combining energy relief and the state’s Permanent Fund dividend.
Meanwhile, Colorado residents will receive checks of $750 and $1,500 for couples due to the state’s leftover revenue.
Hawaii and Virginia are sending their residents’ tax rebates which are dependent on their income and tax liability.
Illinois is also issuing a tax rebate sending individuals $50 that earn below $200,000, joint filers $100, and families up to $300.
Lastly, Minnesota frontline workers who submitted an application for direct payments are expected .
Denver expands its UBI program
Denver will be expanding its universal basic income program to hundreds of needy people.
The Denver Basic Income Project first provided money to 11 individuals a year ago followed by another 28 this July.
Under the new plan, the city said it will give 260 individuals $6,500 upfront, followed by $500 monthly payments for 11 months.
The second group of 260 people will be getting $1,000 per month for a year.
And the last batch of 300 will get $50 per month for a year.
In terms of how it will be funded, the project has raised more than $ 7 million thus far.
However, it needs an extra $2million to assist the first round of participants, reports Westword.
Leave a Reply