Millions of Americans rely on stimulus payments to keep their finances afloat and their lives comfortable. Many states in the United States provide various aid programs, and it is critical that US citizens understand how they work and when payments will arrive.
There are numerous aid programs available in the United States, including tax relief programs, assistance for families with children, and bonuses for residents who stay in a state.
Which US states are expecting checks throughout the month?
According to reports, three US states will issue checks through various programs. The first one is New York’s School Tax Relief (STAR) Program. The second location is Sacramento, California, via the Guaranteed Income Pilot (September 15). The third option is Alaska via Permanent Fund Dividend (PFD) on September 11.
What are the benefits of the STAR program?
Eligible New York homeowners can benefit from the School Tax Relief (STAR) and Enhanced School Tax Relief (E-STAR) benefits, which reduce property taxes. STAR and E-STAR can be issued as credits by the State of New York or, in some cases, as tax breaks by the City of New York.
While the majority of property owners must apply for the state credit, some can apply for STAR as a property tax exemption.
Eligible homeowners will receive checks ranging from $350 to $600, while seniors could receive $700 to $1,500, according to Marca. In a post on X, New York Governor Kathy Hochul wrote, “Our STAR program is putting $2.2 billion back in the pockets of nearly 3 million New Yorkers.” (sic)
Who is eligible for California Family Assistance Pilot Program?
The California Guaranteed Income (GI) Pilot Program awards grants to eligible organizations that provide guaranteed income to participants. GI pilot programs have traditionally provided unconditional and recurring cash payments to recipients to help them meet their basic needs. Breathe LA County’s Guaranteed Income Program will provide $1,000 per month to 1,000 eligible residents for three years.
You must fulfill these criteria to be eligible for California Family Assistance Pilot Program:
Residency: Applicants must reside in one of the following zip codes: 95815, 95821, 95823, 95825, 95828 and 95838.
Applicants must be the parent or legal guardian of a child between the ages of 0 and 5.
Household income: Applicants must have an annual household income below 200% of the federal poverty threshold.
Will you get Alaska Permanent Fund Dividend?
Alaska residents in the United States receive a $1,702 stimulus payment known as the Permanent Fund Dividend (PFD). This payment, funded by the state’s oil industry profits, is critical for residents, who can help their economy by receiving checks if they meet the eligibility requirements.
Established in 1976, the Alaska Permanent Fund was formed with the purpose of saving some of the profits from oil rather than spending the entire amount right away. The fund is managed by the Alaska Permanent Fund Corporation (APFC), which invests in a variety of assets, from stocks and bonds to real estate.
These are the requirements:
Have been a resident of Alaska for all of 2024, with the intention of remaining indefinitely.
Not have claimed residency in another state or country since December 31, 2023.
Not have been convicted of a felony during that year, or have been incarcerated for multiple misdemeanors.
Not having been out of the state for more than 180 days, except for justified reasons such as studies, health or military service.