Will State Stimulus Checks Persist in September 2024? Here’s What You Need to Know

MJP –

As 2024 progresses, many Americans are wondering if state stimulus checks will continue in September. While most states have ended these programs, some are still providing financial assistance to certain groups of residents.

Whether or not you receive a check this September largely depends on where you live and your specific circumstances.

State stimulus checks in September 2024: are they still a reality?

At this point in the year, the big question is whether states will continue sending stimulus checks in September 2024.

These payments, which were widely implemented in recent years to mitigate the economic effects of the pandemic, have decreased in most regions. However, some states continue to provide this support to specific groups of their residents, either through ongoing programs or new allocations of funds.

New York and its STAR program

One program that remains active in New York is the School Tax Relief (STAR) program. This initiative is designed to help homeowners reduce the tax burden associated with school taxes, which can be significant in the state.

The STAR program offers two types of credits: the basic and the enhanced, depending on the homeowner’s eligibility. These credits are reflected directly in tax bills, providing substantial financial relief. In 2023, those who qualified for the basic credit received an average of $778, while those eligible for the enhanced credit received around $1,407.

SEE MORE –

Get $1,300 Stimulus Checks with the Permanent Fund Dividend Program – Here’s How

These payments are typically sent out between August and December, so many beneficiaries will receive their checks in September 2024. This program is particularly valuable in New York, where property taxes can be high, and it provides a financial boost for homeowners.

Alaska and the permanent fund dividend

Alaska remains another state that provides financial support to its residents. The Permanent Fund Dividend (PFD) is a program funded by the state’s oil revenues and other natural resources, distributing an annual check to those who qualify.

In 2024, the PFD amount is $1,312, a significant sum for many families in Alaska. PFD payments are issued in rounds, and although the latest round was completed in August, residents whose applications are marked as “eligible-not paid” by September 4, 2024, will receive their check on September 12.

This dividend is a crucial part of Alaska’s economic fabric, providing residents with additional income that many consider essential to meet the state’s high cost of living.

Other states that might continue issuing checks

Besides New York and Alaska, other states might continue issuing stimulus checks, though more selectively. These payments are often targeted at groups such as low-income families, veterans, or seniors, and are designed to offer additional relief in times of need.

In some states, these checks are part of broader programs aimed at combating inflation or supporting the most vulnerable citizens. However, the availability of these checks largely depends on the political and fiscal decisions of each state, and not all residents will be eligible to receive them.

How to Know

If you live in a state where stimulus checks might still be issued, it’s important to stay informed. Regularly check your state’s official websites and pay attention to any communications you receive by mail or email.

Additionally, some programs, such as Alaska’s, require residents to apply to receive their checks. Make sure you meet all the requirements and deadlines to avoid missing out on this financial aid.