Members in 16 States Receiving New Stimulus Checks / Fresh Today / CUToday.info (2024)

SACRAMENTO, Calif.–Credit unions in 16 states will need to prepare for another round of stimulus check deposits.

In lieu of federal stimulus funds, the states have created their own kinds of stimulus payments for certain citizens.

According to a CNBC analysis, those states include:

California

Gov. Gavin Newsom said Californians will be receiving inflation relief checks later this year as part of a new tax rebate plan geared toward helping the middle class. According to the Franchise Tax Board's website, qualifying individuals will receive up to $1,050 sometime between late October 2022 and mid-January 2023, CNBC reported.

To qualify, individuals must have been a California resident for at least six months during the 2020 tax year and need to have filed your 2020 tax returns before Oct. 15, 2021 — and not be listed as someone else's dependent during the 2020 tax year.

Colorado

The Colorado Cash Back Bill gives Colorado residents —as long as they were considered full-year residents of the state in 2021 and at least 18 years old on Dec. 31, 2021 — the chance to collect a tax rebate of $750 for individual tax filers or $1,500 for joint filers.

Technically, this is a tax rebate and not a stimulus payment.

Delaware

In May, the Delaware Relief Rebate Program was signed into law by Gov. John Carney, allowing for a one-time $300 payment to be made to each of the state's adult residents, CNBC stated.

Florida

In mid-July, Gov. Ron DeSantis announced $450 one-time checks are being sent out to families that are caregivers, foster parents or on state assistance programs. An estimated 59,000 families will receive the payments, according to the report.

Georgia

Gov. Brian Kemp has signed into law a tax refund aimed at helping Georgia residents handle the ongoing cost of living increases. Those who filed single or separately are eligible to receive $250, while residents who filed as the head of the household get $375 and married couples and those filing jointly will receive $500.

Hawaii

Gov. David Ige approved the measure in June to refund each resident of Hawaii $100 or $300 based on their income, tax filing status and a number of exemptions. Checks will be issued in late August.

Idaho

In February, Gov. Brad Little signed a bill to provide residents with a one-time tax rebate of either $75 or 12% of a resident’s 2020 Idaho state taxes, whichever is greater. Payments began to roll out in March. To qualify, recipients must have been full-year Idaho residents in 2020 and 2021 and must have filed income tax returns or grocery-credit refund returns for those years.

Illinois

As part of the state's $1.83 billion family relief plan, which launched in early July and included the suspension of the 1% sales tax on groceries through June 30, 2023, as well as a reduction in sales tax (from 6.25% to 1.25%) as part of a back to school shopping holiday.

Income tax rebate checks are being issued as well, CNBC stated. Individual filers who made under $200,000 in 2021 are eligible to receive $50, while married couples who filed jointly with incomes under $400,000 can receive $100. Those who claimed dependents are also eligible to receive a $100 credit per child, with a limit of three child credits per household.

Checks will be sent out the week of Sept. 12.

Indiana

Gov. Eric Holcomb recently enacted the Hoosier state's Use of Excess Reserves law to issue a one-time $125 one-time taxpayer refund to residents. The first round of checks was issued in May, with more rounds in July, and were issued to all full-year residents regardless of income level as long as they filed their 2020 tax returns by Jan. 3, 2022, CNBC said.

Maine

Maine is paying its residents one of the highest stimulus check amounts, with single filers and couples receiving $850 and $1,700, respectively, thanks to legislation signed by Gov. Janet Mills in April, according to CNBC.

Full-year residents must file a Maine income tax return by Oct. 31, 2022 and have a federally adjusted gross income under $100,000 if filing individually or if married and filing separately, under $150,000 if filing as the head of a household and under $200,000 if filing jointly as a couple or a surviving spouse.

Massachusetts

Because of a 1986 Massachusetts law, the state government has to return excess tax revenue to taxpayers. This means that many residents will likely get a share of the approximately $2.5 billon in surplus cash the state collected. Massachusetts Gov. Charlie Baker said that residents would receive a 7% refund of their 2021 state income tax payment, which is about $250 for someone who made $75,000 per year, CNBC said.

New Jersey

In 2021, Gov. Phil Murphy signed legislation allowing eligible New Jersey residents to be issued checks of up to $500 as part of a Middle Class Tax Rebate offering child tax credits to those who had claimed at least one dependent when they submitted their 2020 income taxes.

Each year going forward, payments will be made the following July to those who file taxes by the Apr. 18 deadline, or by Dec. 31 of the following year for those who file with an extended deadline, CNBC said.

In June 2022, the governor also announced plans for new rebates of up to $1,500 for eligible families paying property taxes, which would also include renters, but that measures has yet to be passed.

New Mexico

New Mexico is providing two separate stimulus checks to its residents, following new law signed by Gov. Michelle Lujan Grisham in early March, according to the news outlet.

First, there's a rebate of $500 available to married couples filing jointly, heads of households and surviving spouses who have an income under $150,000 — single filers and married people filing separately who made under $75,000 last year will receive $250. These rebates are being paid out automatically this month to those who have already filed their 2021 state income tax returns, CNBC said

Another income tax rebate is also being sent out —the first half was already paid in June, while the last half will be paid in August —this time, to anyone who's already filed their 2021 personal income tax return, the news outlet said. Single filers and married people filing separately will have received $500, while married couples filing jointly, heads of households and surviving spouses were entitled to $1,000.

Oregon

Oregon residents who qualified for the recent one-time assistance checks received them by July 31. The $600 checks were delivered to low-income residents who met the following criteria: Received the Oregon Earned Income Tax Credit (EITC) on their 2020 tax filing and lived in Oregon for the last six months of 2020.

South Carolina

Eligible residents of South Carolina will soon receive up to $800 in income tax rebates thanks to a new bill signed by Gov. Henry McMaster in June.

Such rebates are being awarded per person, no matter how they filed their tax return. Anyone who hasn't already filed income taxes won't qualify to receive a rebate, CNBC said.

Virginia

Residents of Virginia who had a tax liability last year are eligible to receive up to $500 as part of the state's one-time tax rebate program —a lump sum of $250 for those who filed individually or $500 for those who filed jointly, the report said.

The stimulus checks won't be issued until later this fall.