Recently, the US government was forced to officially address the circulating false rumors about stimulus checks, which have become a hot topic in the country.
However, certain states will be giving out stimulus checks in July 2024 that might be worth up to $500, so if you qualify, it would be worthwhile to try to obtain one.
The purpose of stimulus checks is to give much-needed financial support to families that are finding it difficult to keep up with the rising expense of living.
A major financial crisis was brought on by COVID-19. Many low-income households were forced to struggle with rising costs and inadequate healthcare. As a result, the federal government implemented Economic Impact Payments, or EIPs, to aid in the recovery of millions of Americans.
When and where will the money be sent?
In July, the following states will provide a stimulus check of some kind:
- New Mexico
- New York
- Washington
- California
- Michigan
Read Also:Â What to Do If Your IRS Refund and Stimulus Payment Are Still Pending?
Certain citizens of Alaska are still waiting to apply for their 2023 Permanent Fund Dividend (PFD). Residents whose status on July 10, 2024 is “Eligible-Not Paid” will receive their checks on July 18, 2024, according to the entity’s website.
A scheme offering guaranteed income will be beneficial to 150 citizens of Fresno County, California. A $500 monthly stimulus check will be given to these residents for the following 12 months. We anticipate that by July 15th, the first of these direct payments will be sent.
In July, about 100 business owners in Ann Arbor, Michigan, will still get their $528 monthly stimulus pay. The Poverty Solutions team at the University of Michigan is leading this endeavor as part of a guaranteed income program.
