State-offered $ 200 Christmas Stimulus Checks Bonus for those earning less than $ 75,000 to help with holiday costs
WORKERS earning less than $ 75,000 a year in one state might be waiting for an early Christmas present – a stimulus check valued at $ 200.
Illinois residents could get the extra money after the proposal was made by Republicans in the state House of Representatives.
If that were to become law, single taxpayers earning less than $ 75,000 would receive a check for $ 200, while the amount is $ 400 for joint filers earning less than $ 150,000, according to WCIA.
GOP state representative Tom Demmer said the support would “mirror” some of the financial assistance provided by the federal government over the past two years.
He added, “$ 400 won’t make all the problems go away, but it could have a positive impact.
“It could be an extra week or two of groceries, it could be a few more utility bills, or it could be the difference between being able to buy new shoes or winter coats for your kids.”
Illinois isn’t the only state trying to help Americans as the holidays approach.
Another bundle of stimulus checks, valued at up to $ 1,100, will be mailed to Californians starting November 29.
About nine million people are expected to receive the additional money before the end of the year.
To qualify, your California Adjusted Gross Income (CAAGI) must be between $ 1 and $ 75,000.
A number of other states are also expected to send out stimulus checks before Christmas.
2020 tax returns must have been filed by October 15 to be eligible for the additional money.
Read our live blog on Stimulus Controls for the latest updates on relief from Covid-19 …
Payments are sent based on the last three digits of residents’ postal codes.
For Californians with a zip code ending in 585-719, checks will be mailed November 29 through December 13.
State stimulus checks are expected to be mailed to homes throughout December and into the new year.
Retired workers will get a boost in January, as Social Security checks are expected to be around $ 1,600 a month.
The new year’s stimulus payments will be the first to include the 5.9% hike – the biggest increase since 1982.
But, prices have risen 6.3 percent over the past year, according to the Bureau of Labor Statistics.
Retired workers pocketed an average of about $ 1,562.66 in October, and their payout will rise to $ 1,654.65 when the new COLA is applied.
Checks are expected to increase by an average of $ 92 starting in January.
But, there are calls for the Biden administration to introduce another round of federal stimulus checks to help cash-strapped citizens amid crippling inflation.
In October, prices climbed 6.2% from a year ago as inflation hit a 31-year high.
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