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Stimulus checks – state will send $800 payment

Stimulus checks – state will send $800 payment

Here you will find information about stimulus checks – the state will send an $800 payment.

According to the Federal Government, American citizens will not get another round of stimulus checks.

But, some states, like Colorado, have stood up and started helping their citizens.

Democratic Governor Jared Polis announced legislation for fast-track relief payments to eligible residents.

Called the Colorado Cashback program, it is the relief payment that will provide a $400 stimulus check to eligible residents.

Governor Jared Polis’ announcement came after inflation had reached the 8% mark. According to reports, it has been the highest rate in the past 40 years.

“People are paying more for everyday items such as gasoline, groceries and rent through no fault of their own,” Governor Polis stated in that announcement.

“Instead of the government keeping the money Colorado workers earned, what you want to do is give it back to everyone as quickly and easily as possible to provide immediate relief and also empower people to do what they want to do with their money.”

Who is eligible?

To be eligible for the $400 and $800 checks, you have to be:

-A full-time Colorado resident

-Your tax return information must be filed by May 31, 2022.

-Couples filing jointly will receive the maximum $800 stimulus check.

Even when Gov. Jared Polis wanted to give a check to every resident, the tax rebate stimulus check was limited to low-income people living in Colorado.

The governor said in a press conference that the state of Colorado would help citizens who need the money and would pay for essential consumables and gasoline as inflation spiked.

Gasoline prices have risen to $4 per gallon and in turn groceries shot up considerably.

Colorado has joined the several states trying to help their residents with inflation and gas prices after the federal government mentioned it would not send another round of checks.