More states sending out stimulus checks

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Last fall, we saw some states and communities within those states send out stimulus checks to residents.

Colorado sent out $375 checks to over 400,000 people within the state and Orange County in Florida sent out a one time $1,000 payment.

And now it looks like two more states are sending out stimulus payments.

California passed legislation to send out $600 stimulus checks in Maryland also passed legislation to send out $300 stimulus checks.

“As we continue to fight the pandemic and recover, I’m grateful for the Legislature’s partnership to provide urgent relief and support for California families and small businesses where it’s needed most,” Governor Gavin Newsom said.

“These actions are critical for millions of Californians who embody the resilience of the California spirit.”

It is expected that around 5.7 million people in California will receive the $600 one time payment.

In Maryland, about 400,000 people will receive $300 payment for individuals and $500 payment for families.

According to Yahoo Money, “In both states, the direct payments would go to people who claimed the Earned Income Tax Credit (EITC) on their 2019 taxes in Maryland and their 2020 taxes in California.”

The eligibility in Maryland is based on a combination of income, tax filing status, and children.

Here are the requirements for eligibility in Maryland via YM:

  • $50,954 ($56,844 married filing jointly) with three or more qualifying children,
  • $47,440 ($53,330 married filing jointly) with two qualifying children,
  • $41,756 ($47,646 married filing jointly) with one qualifying child,
  • or $15,820 ($21,710 married filing jointly) with no qualifying children.

“As Washington remains divided and gridlocked, Maryland has once again shown the nation that both parties can still come together, that we can put the people’s priorities first, and that we can deliver real, bipartisan, common sense solutions to the serious problems that face us,” Governor Larry Hogan said

The payments in Maryland are expected to go out this week and Californians are expected to see the payment shortly after they file their 2020 tax returns.

More states might end up following suit in the coming weeks. But it is also expected that within the next month, Congress will finalize a new coronavirus relief bill that will distribute $1,400 checks to individuals plus a $1,400 bonus for each dependent.

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As we wait to hear about the next stimulus package coming from the federal government, there are several states out there who are sending out their own stimulus checks.

Some of these are pretty low amounts but others are actually pretty substantial considering they are coming from the state and are in addition to the federal aid.

So here is a look at some of the states offering their own stimulus relief.

Colorado will send out $375 stimulus checks to 435,000 Coloradans.

These are one time payments that will be distributed next month to “qualifying individuals … whose lives and jobs have been hurt due to the COVID-19 pandemic.”

They will be targeted to people making less than $52,000 per year and should reach about 65% of all the people who filed for unemployment benefits since the pandemic broke out.

(The emphasis on the impact from coronavirus and prior need for unemployment benefits seems to be pretty common requirements for these type of local stimulus checks.)

Orange County in Florida has allowed residents to apply to receive a one time payment of $1,000.

Applicants have to prove that they are an Orange County resident and that they have been financially impacted because of coronavirus.

Documents required include a photo ID, Social Security card, and documentation of loss of income.

North Carolina is sending out $335 checks to individuals who qualify. Qualifying individuals include those who have children in virtual learning as these checks are “intended to assist with the additional virtual schooling or child care expenses incurred due to COVID-19.”

Like many other programs, the money for these checks is coming from the Cares act. 

Missouri is currently being pushed by nonprofit groups within the state to allocate leftover Cares act money to stimulus checks rather than unemployment benefits.

They would send out $1,000 checks to approximately 85,000 people who have exhausted their unemployment benefits.

A lot of these stimulus checks are being funded from money left over from the Cares act that send aid to state and local governments.

More local and state aid is something that the Democrats have been pushing for in their stimulus talks and in fact it has been arguably the biggest issue between Republicans and Democrats.

Republicans see this type of aid as bailing out governments who have mis-managed their funds over the years and who are using coronavirus as an excuse to get help.

Others see a real need for aid with these states and local municipalities when it comes to things like testing, schools, first responders, and other needs.

It’s very possible that if a large stimulus package is put together that more states and local governments will authorize their own stimulus checks in 2021.

So this is something to look out for.

A simple Google search for “stimulus check [your state]/ [your city]” should yield the results to see if your local government is doing anything in addition to the federal aid.

Related

What Biden’s stimulus plans may look like

Nationwide lockdown could result in stimulus checks for struggling Americans

Will stimulus talks progress without Pelosi in 2021?

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