Stimulus Checks November 2023: Who is getting a payment before Black Friday?
In November 2023, three states-Virginia, Arizona, and Alabama-are set to issue additional stimulus checks, offering financial assistance to their residents.
Despite the conclusion of federal stimulus payments over two years ago, certain states continue to provide financial support in the form of inflation assistance or tax refunds.
This trend, spurred by efforts to address the economic impacts of the pandemic and inflation, has seen various states offering one-time payments to qualifying residents.
Which states are offering stimulus payments?
Alabama is expected to begin issuing checks on November 30, 2023, with a total payout of $393 million. This funding, sourced from a surplus in the Education Trust Fund, aims to assist residents in managing yearly grocery taxes.
Direct deposit recipients will have the funds deposited into their accounts, while those who opted out will receive checks by mail. The program reflects a departure from the norm, as many states concluded similar stimulus check programs last year.
"Thanks to the work of the Alabama Legislature, we continue making these wise investments while paying down debts, adding to our savings and returning the working people of Alabama's money back to them through tax rebates," Governor Kay Ivey said in a statement.
Arizona, planning to reimburse taxes for dependents under 17 at a rate of $250 per dependent with a cap of $750 for three dependents, is expected to distribute funds by November 15.
Additionally, taxpayers with dependents 18 or older will receive $100 per dependent. The relief initiative aims to help residents cope with inflation, utilizing surplus funds in the state budget.
Virginia, anticipating payments by November 30, will address tax liabilities for residents who are behind on their 2022 taxes.
The stimulus-style tax rebates vary in amounts and eligibility criteria, akin to the one-time assistance provided during the pandemic. In total, these state initiatives signal an ongoing commitment to supporting citizens facing financial challenges, using surplus funds and strategic collaborations with the federal government to alleviate economic pressures.
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