To provide direct assistance, the federal government distributed the first stimulus check of $1,200 in April 2020 for individuals, $2,400 for married couples, and an additional $500 per child under 17. The states have until 2024 to decide what they want to do with the money and until 2026 to spend it. $195 billion was given to 50 states, i.e., approximately $500 million for each state. On March 11, 2021, the American Rescue Plan passed. To help low and medium-income citizens through this crisis, the federal government has distributed large swaths of stimulus checks to eligible adults three times to date. A Look at the First Three Rounds of Stimulus Payments Read on to find out which cities and states are issuing stimulus checks and if you are eligible for one. This time, economic impact payments will hit bank accounts thanks to state and city stimulus payments. If you live in specific states, a fourth stimulus check is coming. While there won’t likely be federal stimulus payments in 2022, we can all use some extra money. With the current inflation rate in the United States at its highest since the 1980s, it’s only natural that everyone is curiously awaiting the fourth stimulus check release date. The federal government has issued several stimulus checks to help citizens throughout the pandemic. So, we’ve all been wondering – will there be a fourth stimulus check? Some stimulus checks have been delivered broadly and to large groups of people, while others were issued based on income or need. Throughout the COVID-19 pandemic, we’ve seen significant assistance and relief offered by federal, state, and local governments. A State-Specific 4th Stimulus Check Is Coming – Will You Get One?
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