How much is the inflation relief package worth?



How much is the inflation relief package worth?

Correction: An earlier version of this story stated that the maximum total payment was $1,050 per person. This has been updated to reflect that the amount is for joint filers with at least one dependent, not per person. An earlier version of this story stated that the inflation relief package was worth $17 million.

What’s in Newsom’s inflation-relief checks?

The checks are part of a $17 billion relief package that will also suspend the state’s sales tax on diesel fuel and provide additional aid to help people with rent and utility bills, Newsom said in a statement. The inflation-relief checks are tax refunds that will send a total of $9.5 billion back to state residents.

How many California residents will receive inflation relief checks?

About 23 million California residents will receive "inflation relief" checks of up to $1,050 after Governor Gavin Newsom on Thursday signed a $308 billion state budget that includes the payments.

How much will your state pay for inflation relief in 2022?

Payments will vary from $200 to $1,050 depending on your income and tax filing status. Here’s what to know. We’re all feeling the squeeze from inflation, but the state is sending some relief your way. I-Team’s Carolyn Johnson reports on the NBC4 News at 6pm on Wednesday, June 29, 2022.