4th stimulus check update 2023 — Summer checks from $250 to $3,284 to go out this month – see when you’ll get paid

Delaware extends electric vehicle rebate

The state of Delaware has extended its electric vehicle rebate as more and more residents look to take advantage of the program.

“Electric vehicles continue to grow in popularity, with many manufacturers committing to transition their fleets to zero-emission vehicles,” said DNREC Secretary Shawn M. Garvin in a press release.

“Additionally, electric vehicle adoption is a key strategy for reducing air pollution and greenhouse gas emissions in our state, our country, and the world.”

Since the program started in 2015, it has brought $9million in rebates to more than 4,000 electric vehicle drivers.

Steps to apply for the money are available to view online.

State paying $10,000 to relocate

The Little Rock Regional Chamber in Arkansas is offering cash incentives for newcomers taking jobs in The Land of Opportunity.

The program will give new arrivals in Arkansas $5,000 for being hired, plus an additional $5,000 for remaining in the area, equalling $10,000 altogether.

What’s more, local residents can get $501 by successfully referring people to move to the area.

The campaign will use social media data to target former Arkansans or out-of-state workers who have a connection to Arkansas and encourage them to relocate.

Missouri drops state income tax rate

Missouri Governor Michael L. Parson has signed legislation that will drop the state income tax rate for millions.

The tax rate has dropped from 5.3 percent down to 4.95 percent for the new year.

”While Washington D.C. politicians ignore record inflation and skyrocketing consumer prices, we won’t make the same mistake here in the state of Missouri,” Parson said.

The law decreases the top individual income tax rate from 5.2 to 4.95 percent where the majority of taxpayers will see a roughly five percent decrease in their tax liability.

Additionally, this will eliminate the bottom income tax bracket and allow residents to earn their first $1,000 tax-free.

UBI in Palm Springs

A universal basic income pilot has kicked off in Palm Springs, California.

The program will see monthly payments of $800 to eligible individuals for 18 months.

The first payment went out on May 15.

The program was created in collaboration between two Coachella Valley non-profits – Queer Works and DAP Health – in an attempt to supplement the income of those facing racism and gender inequality.

There were various requirements to qualify including an income limit of no more than $16,600 annually.

Big money for the big apple

A total of 175 Rochester, New York, residents will get $500 in monthly cash for a year.

To qualify income must be at or below 200 percent of the federal poverty level.

The program is set to launch at some point in early 2023 and it’s unclear if there will be an application process.

A city spokesperson told The US Sun that it does not have an update to share about the pilot at this time.

$4,000 relief payments in California

Americans can start applying now for a $4,000 relief payment in San Diego.

The stimulus check comes courtesy of non-profit agency Jewish Family Service.

It has launched the Recovery Action Fund For Tomorrow (RAFT) for low-income residents in San Diego, California who suffered due to the pandemic.

Families must earn less than 200 percent of the federal poverty level.

For example, this is $30,000 per year for single households and $60,000 for a family of four.

Eligible families for RAFT include those with children under 18, seniors 55 years or older and disabled adults.

Montana offers more than $1,000 in cash

The Montana Department of Revenue will also be offering tax rebates under House Bill 192.

Governor Greg Gianforte said the payments will be available based on taxes paid in 2021.

“Today, we’re making it easier for Montanans to raise a family, to earn a good living, to own a home, to retire comfortably, and achieve their American dream,” Gianforte said.

The individual income tax rebate is $1,250 for individual filers, while married couples filing jointly can receive $2,500.

Michigan launches guaranteed income program

The Ann Arbor City Council in Michigan has approved a guaranteed basic income program that will offer residents $527 per month for two years.

It is made possible thanks to the use of $1.6million in funds that were allocated from the American Rescue Plan Act, which was signed into law by President Joe Biden in 2021.

To launch the program, the city is partnering with the University of Michigan.

“Guaranteed income programs are flourishing across our country, and they are proving to be an impactful tool to combat generational poverty, Mayor Christopher Taylor said in a statement.

The program, which will give 100 residents monthly payments worth $530, will have income restrictions. To be eligible, your income must be no more than 300 percent of the federal poverty level.

Also, you must identify as a “low and moderate-income entrepreneur,” according to Ann Arbor.

New guaranteed income in Texas

In Harris County, Texas, a proposed guaranteed income program would give low-income residents monthly $500 checks.

The county is home to Houston, the country’s fourth most populous city.

The program, called Uplift Harris, would cost $20.5million if it is approved.

Recipients would be randomly selected from the lowest-income zip codes in the county.

Kansas rebates up to $900 proposed

Kansas Governor Laura Kelly has announced a proposal that would lead to a tax rebate of $450 for individuals and $900 for married taxpayers filing jointly.

The funds for the program would come from the state’s budget surplus this year and would total $800 million

Alongside the proposed payments, Kelly has vetoed a tax plan that would have introduced a flat 5.15 percent income tax rate.

The proposed rate change would have benefitted mostly wealthy Kansans and would have reduced state revenue by about $330 million annually.

Payments going out this month, part four

Finally, in Pennsylvania, residents can get between $250 and $975 thanks to the Property Tax/Rent Rebate Program.

Similar to the Colorado program, this one benefits residents 65 or older, a widow and or widower aged 50 or above, or a resident with a disability who is at least 18 years old.

The maximum rebate is $650, however, some residents may qualify for supplemental rebates of up to $975.

Applicants have until June 30 to submit their forms as rebates will be issued as quickly as July 1.

Payments coming this month, part three

Eligible residents of Greensboro, North Carolina, have until June 15 to apply for a $150 property tax rebate under the Low-Income Homeowner Assistance Program.

Residents must have last year’s tax return and proof of household income.

Additionally, you must have lived in your home for the past five years, and the property tax value of the house must be less than $250,000.

Payments coming this month, part two

Also in Colorado, the Property Tax, Rent, Heat (PTC) Rebate is awarded based on income to help with property tax, rent, and/or heating costs.

Eligible residents may apply for rebates up to $1,044 however, your amount is based on income and expenses.

To qualify, you must have lived a full year in Colorado from January 1 to December 31, 2022.

Additionally, you must be over the age of 65, be a surviving spouse 58 years of age or older, or be disabled regardless of age.

Applications must be completed and filed by June 10, 2023.

Payments coming out this month

There are four payments coming from three states in June; Pennsylvania, North Carolina, and Colorado.

Residents have until June 30 to apply for Colorado’s Food Tax Rebate Program.

Every year, the City of Boulder offers rebates for lower-income residents for sales tax on food.

This year, individuals can get $99 and families can claim $302.

To be considered, your income can be no larger than $43,900 for individuals and $62,700 for a family of four.

Minnesota e-bike rebates could be rolling in

In Minnesota, residents who buy an e-bike could get a rebate of as much as $1,500.

The Transportation Omnibus Bill – which has already been passed by the legislature – has set aside money for the program, according to CBS News.

Rebate will be between 50 percent and 75 percent of the bike, up to $1,500.

The amount is reduced by 1 percent for each $4,000 the applicant makes over $25,000 – or $50,000 for those married filing jointly – until it reaches 50 percent. 

Bikes must be bought from a certified retailer.

Minnesota property tax refund – deadline for applications

The 2022 Minnesota Property Tax Refund and Renters Refund programs are open for applications with the deadline set for August 15.

If eligible, Minnesota residents may get up to $2,930, but the amount varies depending on income or property tax levels.

This program is open to renters with an income of up to $119,790 and property owners who had a 12 percent or more property tax increase over the last year.

All claims must be filed through the Minnesota Department of Revenue.

Those who file their claim before August 15 will begin seeing the payments a little over a month after that date. Refunds can be tracked by using the Where’s My Refund? system.

Americans are saving less money than in years past

The overall household financial health for the majority of Americans has deteriorated over the span of two years.

In the final quarter of 2022, Americans had, on average, saved only 4 percent of their disposable income.

That is a far cry from the 14 percent Americans on average saved the two years prior.

Household debt also grew by 16 percent to $16.9trillion, and poverty rates hit their highest levels since 2018 in 2021, Forbes reported.

Oregon struggles to keep up with its EV rebate demand

Oregon will also suspend rebates for purchasing or leasing an EV for one year starting in May, according to Associated Press.

Drivers in states with active electric car incentives still have to wrestle with this year’s newly-introduced regulations.

Only six pure EVs qualify for a full tax credit in 2023.

Drivers can receive full credit by purchasing a new Cadillac Lyriq, Chevrolet Bolt, Chevrolet Bolt EUV, Ford F-150 Lightning, Tesla Model 3 Performance, or Tesla Model Y.

End Child Poverty Act gains traction

Families could soon see $393 monthly payments if the End Child Poverty Act passes through Congress.

Representatives Ilhan Omar, Rashida Tlaib, and Chuy Garcia proposed the bill as a way to support all families with children during times of economic turbulence.

The prior federal child tax credit was expanded in 2021, but payments were reduced to their prior amounts in 2022.

If the bill was passed, all families would receive $393 per child, regardless of income.

Some have criticized the proposal because it lacks income requirements. That means families earning more than $200,000 a year would get the same $393 a month as a single parent making $20,000 a year.

The Child Care Stabilization Program, continued

The White House reported that the program contributed to an equitable recovery:

• About 30,000 childcare programs in rural counties have received aid
• Assistance was provided to childcare providers in 98 percent of persistent poverty counties in most states where at least 20 percent of residents have lived in poverty over the past 30 years
• More than half of providers receiving stabilization funds were operating in the most racially diverse counties in the country
• 44 percent of providers receiving assistance to date are owned and operated by people of color

The Child Care Stabilization Program

According to the White House, the $24billion Child Care Stabilization Program has provided aid to help over 200,000 childcare providers.

The program was designed to help childcare companies remain open so 9.5million children would have a place to go when parents went to work.

Additionally, the program offered grants to childcare places that helped with basic operational costs like wages and benefits, rent and utilities, and program materials and supplies.

Checks for childcare providers in Maryland

Maryland State Department of Education is sending out payments worth up to $13,500 to childcare providers.

The exact amount will depend on the quality rating earned and the capacity of the childcare center – we have a full guide on the size of bonus candidates could earn.

To be eligible for a check, you must be a childcare provider granted a “first-time quality rating” on or following July 1 in addition to participating in Maryland EXCELS early education program.

Maryland EXCELS has more than 4,200 programs and providers with published quality ratings, as of October 2022.

The bonus awards are being sent out now and will continue through June 30, 2023.

Missouri drops state income tax rate

Missouri Governor Michael L. Parson has signed legislation that will drop the state income tax rate for millions.

The tax rate has dropped from 5.3 percent down to 4.95 percent for the new year.

”While Washington D.C. politicians ignore record inflation and skyrocketing consumer prices, we won’t make the same mistake here in the state of Missouri,” Parson said.

The law decreases the top individual income tax rate from 5.2 to 4.95 percent where the majority of taxpayers will see a roughly five percent decrease in their tax liability.

Additionally, this will eliminate the bottom income tax bracket and allow residents to earn their first $1,000 tax-free.

San Diego Stimulus

Those affected by the pandemic might be able to claim a $4,000 stimulus check. 

That’s thanks to the non-profit human service agency Jewish Family Service launching a program for low-income San Diego, California residents. 

More than 2,000 families are eligible.

UBI in Palm Springs

A universal basic income pilot has kicked off in Palm Springs, California.

The program will see monthly payments of $800 to eligible individuals for 18 months.

The first payment went out on May 15.

The program was created in collaboration between two Coachella Valley non-profits – Queer Works and DAP Health – in an attempt to supplement the income of those facing racism and gender inequality.

There were various requirements to qualify including an income limit of no more than $16,600 annually.