New York Proposes Inflation Refund Checks for Millions
TL;DR Summary
New York Governor Kathy Hochul has proposed a one-time 'inflation refund' payment of $300 for individuals earning under $150,000 and $500 for families earning under $300,000, funded by excess sales tax revenue. The proposal, aimed at alleviating the high cost of living, will be considered by the legislature in January, with potential payments starting in fall 2025.
- Stimulus update: One state is proposing $500 ‘inflation refund’ check AL.com
- Inflation refund check: Who qualifies to get payments of $300 to $500? PIX11 New York News
- Money in Your Pockets: Governor Hochul Proposes Sending 8.6 Million New Yorkers an Inflation Refund Check as First Proposal of 2025 State of the State ny.gov
- Inflation refund NY: New Yorkers could get checks next year, under a plan from Gov. Kathy Hochul ABC7 New York
- Op-Ed | Why I’m putting money back in your pocket amNY
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