Don’t Miss Out! 3 States Planned Stimulus Checks in 2025 for Struggling Families!

Since the COVID-19 pandemic began, many Americans have received financial help from the government.

In response to the economic struggles caused by the pandemic and lockdowns, Congress passed several economic impact payments to support families across the country.

According to the U.S. Government Pandemic Response Accountability Committee (PRAC), three rounds of economic impact payments were distributed between 2020 and 2021, totaling over 476 million payments worth $814 billion.

Now, in 2025, three states are planning to send out more stimulus checks to help residents deal with ongoing high costs and inflation.

New York

New York’s Governor Kathy Hochul has proposed the state’s first-ever Inflation Refund. This plan would provide about $3 billion in direct payments to around 8.6 million New York taxpayers in 2025.

“Because of inflation, New York has generated unprecedented revenues through the sales tax — now, we’re returning that cash back to middle-class families,” Governor Hochul said.

She emphasized that the cost of living remains high and aims to give New Yorkers some financial relief.

If the Inflation Refund is approved, single taxpayers earning up to $150,000 a year would receive $300, while joint filers making up to $300,000 would get $500. If passed by the State Legislature, payments are expected to start in the fall of 2025.

California

California is also preparing to send out new stimulus checks in 2025, with payments reaching up to $725 for eligible households, depending on their income and family size.

These checks aim to support residents facing financial difficulties due to inflation.

To qualify, applicants must meet several requirements:

• Income Limits: Beneficiaries must stay within specific income limits set by the program.
• Residency: Applicants must be legal residents of California and have filed a recent state tax return.
• Previous Aid: Priority is given to those who did not receive assistance during earlier phases of the Golden State Stimulus program.

Payments will be sent via direct deposit or as physical checks through the mail for those without bank accounts.

Colorado

In Colorado, the state plans to send out additional stimulus checks in 2025 as part of its Taxpayer’s Bill of Rights (TABOR).

Thanks to a current fiscal surplus of $1.5 billion, Colorado residents can expect to receive significant financial help.

Single taxpayers may receive up to $800, while married couples filing jointly could get up to $1,600.

This financial support aims to enhance local economic activity by boosting consumer spending. To qualify for the TABOR refund, residents must meet these criteria:

• Tax Compliance: Must have filed Colorado’s 2023 DR 0104 tax returns by April 15, 2024.
• Residency: Must have lived in Colorado for over a year.
• Age and Residence: Must be at least 18 years old and have lived in Colorado for at least 183 days during the fiscal year.
• Legal Status: Should not have any unpaid tax debts or serious criminal convictions that resulted in imprisonment of 180 days or more during the fiscal year.

Payments can be issued via direct deposit, paper checks, or prepaid debit cards.

Conclusion

With the rising costs of living, these states are stepping up to provide financial assistance to their residents.

As we move into 2025, New York, California, and Colorado are paving the way for a brighter financial future for many families. Stay informed about these developments to ensure you don’t miss out on any potential financial support.

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