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California is expanding its stimulus-check program to send checks to two-thirds of its residents, Newsom announces

May 11, 2021, 05:41 IST
Business Insider
In this Monday Feb. 11, 2019 file photo Calif. Gov. Gavin Newsom answers questions at a Capitol news conference, in Sacramento, Calif. Newsom is expected to sign a moratorium on the death penalty in California Wednesday, March 13, 2019. (AP Photo/Rich Pedroncelli, File)Associated Press
  • Gov. Gavin Newsom on Monday announced new stimulus checks for California residents.
  • He said anyone earning under $75,000 would receive a check of at least $600.
  • Newsom added that two-thirds of Californians would benefit from the stimulus package.
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Gov. Gavin Newsom of California said the state would be sending stimulus checks to two-thirds of its residents in an expansion of its plan to support communities during the COVID-19 pandemic.

Newsom said on Monday that those who qualify would receive a one-time stimulus payment of $600 or $1,200 and families with kids would receive another $500.

The "Golden State Stimulus" plan was announced earlier this year, but Newsom said on Monday that he would be expanding it.

The stimulus payments will now include middle-income residents.

"We're announcing a $12 billion tax rebate to the people of the state of California earning up to $75,000," Newsom said at a press conference on Monday.

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"Let me put that into perspective. That tax rebate will impact just shy of 80% of all tax filers, will get a direct stimulus check, will get a direct relief payment because of this announcement," he added. "Two-thirds of all Californians will benefit from this stimulus. That's roughly $12 billion."

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