$200 in Brand New Direct Payments APPROVED – Get the Money Here

MILLIONS of Americans are lining up for $200 in direct payments under a new bill signed into law on Friday.

Indiana Gov. Eric Holcomb signed Senate Bill 2 into law granting taxpayers in 2023 an automatic $200 refund for the 2021 tax year.

The governor signs legislation granting eligible Indiana residents an automatic direct deposit for inflation relief

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The governor signs legislation granting eligible Indiana residents an automatic direct deposit for inflation reliefPhoto credit: Getty

The refund was proposed by Holcomb in June and returns $1 billion from the state’s $6 billion reserves to Indiana taxpayers.

The bill aims to provide inflation relief to Indiana taxpayers, who have been hit hard by rising prices.

Hoosiers who didn’t file taxes this year can claim the credit on next year’s filing, WRTV reports.

The bill also provides $1 billion for the state teachers’ pension fund and caps the state gas tax at $0.29 through the end of June 2023.

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A sales tax exemption for children’s diapers is also included, reports WRTV.

The bill also provides $45 million to establish the Hoosier Families First Fund, which aims to “support the health of pregnant women, postpartum mothers and infants.”

The fund is available to families with children under the age of 4 and adopted children.

The Indiana House passed Senate Bill 2 by a vote of 93 to 6, and the Senate sent the bill to Holcomb by a vote of 37 to 9.

Holcomb said, “I proudly signed Senate Enrolled Act 2 to return $1 billion to Hoosier taxpayers.

“This accomplishes what I set out to achieve when I called the General Assembly into a special session to help Hoosiers affected by historically high inflation.

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“I am also especially grateful for the nearly $100 million in additional funding that is long overdue to support the health of our Hoosier mothers and babies.

“While there is still more work to be done, better access and awareness across all of our programs will be critical to improving our infant and maternal mortality rates — a longstanding priority of my administration.”

https://www.the-sun.com/money/5957138/direct-payments-approved-indiana-extra-money/ $200 in Brand New Direct Payments APPROVED – Get the Money Here

CELINE CASTRONUOVO

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