However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. The Fed is combating historic inflation, and the prices of everything, from food to gas, are through the roof. In case the taxpayers paid less, they would get a stimulus check from Kentucky of a lower amount. Basically, states budget out how they plan to spend cash throughout the year. Another issue driving some of this activity is the fact that states got billions of dollars in aid from the federal government during the Covid pandemic. Do not buy or sell based on anything that is written here, the risk of loss in trading is great. Its a one-time payment of $300 per adult to help with the high cost of groceries and gas. Stimulus Checks Could Be Coming to These 4 States Soon. . All rights reserved. Kentucky is the latest state to join this growing list, and a stimulus check from Kentucky could give residents a one-time tax rebate worth $500. This proposal to give a one-time tax rebate is yet to be approved by lawmakers. Stimulus Check From Kentucky: What Is It? Both the chambers in Kentucky have come up with different tax plans. Full time residents who filed taxes in 2020-2021 are eligible. Who is eligible for stimulus payments from the state in Kentucky? Checks should have been delivered by the end of May to people who filed their 2020 and 2021 taxes. Here's what one mayor, governors and state lawmakers are offering help to taxpayers in their city and states. The state's $308 billion budget includes $9.5 billion in direct refunds of up to $1,050 to 23 million residents, the governor's office announced at the end of June (Seeherefor eligibility information.). Another payment will be made later this summer. Andy Beshear countered that leaving unspent money for tax cuts "is unnecessary and can be destructive" adding thismay throwa wrench in Kentucky's recent success at landing major economic development projects. Getting quotes from multiple insurers used to be time-consuming, but today's technology makes it easy. Since 2020, weve all learned a thing or two aboutstimulus checks, right? A group of senators in Washington, DC, have come up with a proposal to give energy relief checks to Americans. 2022 CBS Interactive Inc. All Rights Reserved. Maryland is offering up to $2,000 to help low-income households with water bills, with applications accepted on a first-come, first-served basis. Powered and implemented by FactSet. 2022 BGR Media, LLC. All Rights Reserved. Market Realist is a registered trademark. Well, its like when you do your monthly budget and have some money left over. NEW guide to the $850 relief checks! While Gov. Delaware: The Division of Taxation in New Jersey will begin mailing checks on July 2. Partial-year residents, those who pay However, if the economic situation continues to decline, then a fourth stimulus check could end up being back on the table. Inflation hit a decades-long high of 9.1% in June, the S&P 500 fell into a bear market, and the U.S. economy shrunk for the second quarter in a row, usually a clear sign a recession has hit. Single filers in Maine are entitled to $850 and couples $1,700 provided they make under $100,000 or $150,000, respectively, accordingto the state's revenue services agency.