California stimulus checks will benefit two-thirds of state residents in expanded program, Gov Newsom says
CALIFORNIA stimulus checks will benefit around two-thirds of the state’s residents in a new, expanded program, Gov Gavin Newsom said.
The Golden State Stimulus plan was announced earlier this year, but the governor announced Monday that it would be expanding to help more Californians.
Those who qualify will get a one-time stimulus payment of either $600 or $1,200, and families with kids can expect another $500.
“We’re announcing a $12billion tax rebate to the people of the state of California earning up to $75,000,” Newsom said during a Monday press conference.
“Let me put that into perspective. That tax rebate will impact just shy of 80 percent of all tax filers, will get a direct stimulus check, will get a direct relief payment because of this announcement.
“Two-thirds of all Californians will benefit from this stimulus. That’s roughly $12billion,” he continued.
The first wave of California’s stimulus checks began going out to those who qualify last month, according to the state’s Franchise Tax Board (FTB).
The first group of people to receive the checks will be those who filed their 2020 tax returns by March 1, according to the FTB.
People who filed taxes between January 1 and March 1 began receiving payments after April 15.
If you filed your taxes after March 2, it could take up to 45 days to get a direct deposit or 60 days to receive a mailed check.
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The FTB has set up a website where Californians can check if they qualify and when they can expect to see the money.
Newsom’s expanded program comes as the governor is facing a recall election.
Former Olympian turned reality TV star Caitlyn Jenner has since announced she plans to run against him and started to campaign.