We’ve pointed out many times now that when and whether someone gets a new stimulus check is largely down to luck. And, as a result, that person’s luck is a function of geography – more specifically, where they live. While federal stimulus checks, including the six monthly 2021 Child Tax Credit payments, were on a massive scale and sent to tens of millions of Americans, those are now a thing of the past from the federal government.
These days, individual state governments are launching their own stimulus check or related benefits for taxpayers. These include everything from relief checks to gas rebates, and more.
Stimulus Check Update
Along the same lines, below is a list of states that have some form of these benefits either under consideration or already approved. Benefits here include upcoming stimulus tax rebates for taxpayers; reductions in other state taxes; potential fuel discounts; and more.
Another issue driving some of this activity is the fact that states have received billions of dollars in aid from the federal government during the Covid pandemic. This leaves them with, in some cases, cash on hand and having to know what to do with it.
And, again, another factor behind all of this is the disappearance of any interest in more stimulus checks from the federal level.
List of states
This summary goes through The Motley Foolwho compiled all of the aforementioned announcements related to stimulus checks into the following recap:
- California: Under consideration, a gas tax refund of up to $400 per car for a maximum of two vehicles
- Georgia: A tax refund is coming – $250 for single filers, $375 for heads of families and $500 for married filers jointly
- Hawaii: A tax refund for every Hawaiian taxpayer is under consideration; $300 if you earn less than $100,000, and $100 if you earn more than $100,000
- Idaho: Tax refund by direct deposit or paper reminder check; the greater of $75 or 12% in Idaho State Taxes in 2020
- Indiana: One-time tax refund of $125
- Kansas: Under Debate, Reduce or Completely Eliminate State Grocery Tax
- Kentucky: Under debate, a one-time stimulus rebate, up to $500 per state resident and $1,000 per household
- Maine: $850 Stimulus Check Direct Payments
- New Jersey: Under study, a property tax rebate of up to $250 for tenants and an average of $700 for owners
- New Mexico: A one-time tax refund is coming ($250 for singles, $500 for joint filings of married people); also, a refundable child tax credit of up to $175/child as of January 1, 2023
- New York: Refund of property taxes for 2021, 2022 and 2023; an average of $425 in New York and $970 out of town
- Pennsylvania: Under study, reduction of 30% of the national gasoline tax
- Virginia: Under consideration, reduction or total elimination of the state grocery tax and/or suspension of the state gasoline tax of $0.262 per gallon for 1 year