CA Sends Out $857M More In Stimulus Payments

San Francisco CA

03 November, 2021

6:41 PM

Description

CALIFORNIA — California just sent another 1.1 million payments to residents eligible for the Golden State Stimulus, officials said. The most recent batch of the payments included 400,000 direct deposits — sent on Friday — and 750,000 checks — mailed to residents on Monday. The latest round distributed $857 million to eligible residents, Andrew LePage, a spokesperson for the state's Franchise Tax Board told Patch. For those who are still waiting on a payment, officials urge that direct deposits take a few days to show up in bank accounts. Those who are expecting a paper check may have to wait up to three weeks once it's mailed. Californians can track payment timing here. California is the only state to send out pandemic financial payments from its own budget. SEE ALSO: CA Has $10B In Unclaimed Money: Is Some Of It Yours? Eligible residents were required to file their income taxes by Oct. 15 to qualify for the payment. Californians who applied for an Individual Taxpayer Identification Number by that deadline were given an additional four months to file state income taxes and may still be eligible for state stimulus money, KTLA reported. Those who filed after Sept. 1 will have to wait up to 45 days after their return has been processed, the state said. For those who mailed a return, payments will go out by the last three digits of the ZIP code on a filed return. Check your ZIP code and scheduled payment date here. For those who already filed a tax return but didn't claim the California earned income tax credit, the state urged them to file an amended return. See if you qualify for the second Golden State Stimulus here Two-thirds of Californians and 78 percent of taxpayers were estimated to receive a payment. Newsom on July 12 signed the $100 billion California Comeback Plan, which included the second round of $600-plus checks, which will go to those who made up to $75,000 last year — an estimated 11 million middle-income Californians. Another $500 will go to families with children, and an additional rebate of $500 would go to many people living in the country without documentation. It's important to note that the new stimulus would go only to residents who did not receive the first $600 payment: those who made $30,000 or less in 2020. Low-income residents who received the first $600 — or in some cases $1,200 — would not get a second $600 payment, Newsom's office told Patch. "However, those who got the first [stimulus] payment could potentially be eligible for the $500 payment if they are a qualified family (meet income requirements) with a dependent," Newsom's office said in a previous email to Patch. "There is also a $500 payment for [individual taxpayer identification number] filers." SEE ALSO: CalMatters: Look Up Your Golden State Stimulus Amount "We're investing that in the unprecedented challenges the state faces, including into addressing the needs of people that are working hard, playing by the rules and barely making ends meet," Newsom previously told reporters. California's pandemic aid was made possible by a monstrous 2021 state budget, with agreements to expand health care to undocumented people, to fund solutions for homelessness and to help Californians most affected by the coronavirus pandemic. "Harnessing the largest surplus in state history, we're making transformative investments across the board that will help bring all our communities roaring back from the pandemic — and pay dividends for generations to come," Newsom said in July. The fiscal year began July 1 with a historic $262.6 billion that was bolstered by a $75.7 billion surplus and $27 billion in federal coronavirus aid. During the same time last year, the state announced a $54.3 billion projected shortfall. "It's a remarkable turnaround," Newsom said in May.Payments are being distributed one month after a gubernatorial recall election that threatened to oust the Democratic governor from office. After two months of constant campaigning, Newsom handily repelled a recall effort in the late summer, making him only the second governor in the country to beat back a recall. "Thank you for rejecting this recall," Newsom said, declaring victory at the John L. Burton California Democratic Party headquarters in Sacramento just moments after the race was called by The Associated Press.