In response to unprecedented inflation, these three American states are sending or have already sent stimulus payments to taxpayers with little immediate help from the federal government. Even though some of these payments total hundreds of dollars, they are not likely to significantly impact inflation.
Florida Stimulus Payment
As part of the Hope Florida, A Gateway to Prosperity initiative operated by the Department of Children & Families, certain Florida families with kids obtained a one-time payment of $450 for each kid.
Foster parents, family and non-family caretakers of children, and members of the state Guardian Assistance Program, including TANF-eligible households, were among those who might get financial aid.
The funding comes from TANF-paying households’ designated pandemic aid monies. If you were qualified, you should have gotten a payment by cheque in the mail without having to do anything. Delivery was planned for July 25 or earlier, the start of the state’s back-to-school tax break.
Maine Relief Payouts
On April 20, Gov. Janet Mills approved a supplementary budget that authorized direct relief payments to Maine taxpayers of $850. A full-time resident’s eligibility required that their federal adjusted gross earnings be under $100,000 ($150,000 if they filed as the household heads, $200,000 if they filed jointly).
Couples who filed jointly each received a relief check worth $1,700. Whether or not a taxpayer owed state income tax, they were still entitled to the payment.
Residents who failed to submit a federal government return for 2021 had until October 31 to do so to be eligible for their payout. The one-time reimbursements from the state’s surplus began to be sent to the address listed on your 2021 Maine federal return in June. Maine’s earned income tax credit (EITC) claimants will also receive a larger benefit under the supplementary budget.
The Oregon legislature decided to allow some people to receive one-time payments of $600 in March 2022. One payment per family was available to taxpayers who claimed the earned income credit on their 2020 federal tax return and who resided in Oregon for the final six months of 2020.
The state made these transfer payments to low-income citizens using federal pandemic funds, and more than 236,000 families received payments. By July 31, 2022, all payments had been made via direct deposit or postal check, reports Forbes.