California sending out 705,000 stimulus payments of $600-$1,100 next week

California sending out 705,000 stimulus payments of $600-$1,100 next week

3 years ago
Anonymous $WHrWmjSJBZ

https://www.siliconvalley.com/2021/10/01/california-sending-out-705000-stimulus-payments-of-600-1100-next-week/

California’s Franchise Tax Board on Tuesday, Oct. 5 will begin distributing $480 million in Golden State Stimulus II payments to qualifying residents who make under $75,000 in adjusted gross income.

The GSII stimulus payments began in late August and were drawn from federal pandemic recovery funds and the state’s $75.7 billion budget surplus. By the time next week’s distribution is complete, the state will have paid out $2.33 billion in pandemic aid to middle-income Californians.

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