Fresno, California 2021-05-14 20:36:11 –
“This is the biggest recovery package, period. It will stop altogether,” Newsom said.
From shortage to surplus
Last year, the state faced a $ 54.3 billion budget shortfall.
This year, California has a better problem, a surplus of $ 75.7 billion.
The recovery package contains the $ 100 billion proposed to California by 2022.
If approved, in the short term:
Eligible for a $ 600 stimulus check
- Part of the budget includes a $ 12 billion tax refund for Californians.
- This means that if you earn up to $ 75,000 a year, you will receive a stimulus check of at least $ 600 when you file your tax return.
- This is true for two in three Californians, or nearly 80% of California tax filers.
- To receive this assistance, you must file your tax return by Monday, assuming you are eligible.
If you have children, you may receive an additional $ 500 (only once per child).
I-10 filers will receive an additional $ 500 regardless of immigration status.
“This is a good incentive to file taxes on Monday and get a direct stimulus check if you’re in that income group,” Newsum said.
Are you a renter? Did you miss the payment? You are lucky
In addition, the benefits of parking violation tickets will increase.
- $ 300 million proposed for forgiveness of traffic fines
- Low-income Californians are exempt from traffic tickets received during the pandemic until June 30, 2021.
- Eligibility is determined by the state judicial council.
In addition to emergency relief, recovery plans also include funding to combat long-term challenges.
- $ 20 Billion to Invest in Public Schools
- $ 5.1 billion to tackle state drought, water infrastructure, and climate change
- $ 12 Billion to Address the State Homeless Crisis
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Here’s how California’s 2022 budget may pay your rent, parking tickets, and get you a $600 check Source link Here’s how California’s 2022 budget may pay your rent, parking tickets, and get you a $600 check