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We are closely tracking developments regarding the Golden State Stimulus expansion proposal mentioned in the Governor’s press release. Because the proposal still needs to go through the legislative process, we do not have additional details to share at this time.
A spokesperson with the State of California Franchise Tax Board in an email to NBC Bay Area on May 11.
The State Department of Finance has a vision for how this expanded relief would be rolled out, once approved. H.D. Palmer, the deputy director for external affairs at the department, told NBC Bay Area that the new round of checks Newsom proposed would go to individuals or households with combined, adjusted gross income between $30,000 and $75,000 a year.
Additional California Stimulus Checks Could Be Issued for Two-Thirds of Residents
On 5/11/21 at 9:23 AM EDT
Another round of California stimulus payments could be on the cards for two-thirds of residents as part of the state s proposed $100 billion California Comeback Plan, Gov. Gavin Newsom revealed Monday.
The announcement came as the state was reported to have one of the largest budget surpluses in state history at $75.7 billion, according to the governor.
It is unknown when the additional stimulus payments would be issued, as the plan still needs approval from California lawmakers. But if approved, just shy of 80 percent of all tax filers would receive additional stimulus funds, Newsom said Monday.
By ronniehiii
May 11, 2021
In February, Governor Gavin Newsom announced that qualifying Californian s will receive a $600 Golden State stimulus check. The stimulus package was signed by Newsom on February 23, and a total of 5.7 million Californian s will be eligible according to the governor s office. $600 payments have started to go out to Californians on April 15th from The California Franchise Tax Board and will be received in the same way you received your tax return. For eligibility on the Golden State Stimulus the requirements include:
You must have filed your 2020 taxes
You lived in California for more than half of the 2020 tax year
California s $600 Stimulus Checks: When Does the Money Arrive?
On 5/11/21 at 9:51 AM EDT
California s Golden State Stimulus checks are being sent out, but it could be more than a month before some people see a payment, even if they qualify.
Governor Gavin Newsom enacted the measure in February, and the California Franchise Tax Board is sending payments to eligible recipients on a rolling basis. The stimulus plan requires people to file their 2020 tax return, even if they normally don t have to file, and the sooner they file their taxes the sooner they ll receive their payment.
Those who filed their tax return before April 23 may have already received their payment. If not, they ll likely see a direct deposit by May 14 or a paper check by June 11, because the California Franchise Tax Board says it can take two weeks for direct deposit and up to six weeks for mailing.