Many Americans have been wondering if they will receive an additional stimulus payment in 2023. The last payment was distributed in March, leading to speculation about the possibility of another round.
The upcoming stimulus disbursement is derived from surplus budget funds of each state. These funds are intended to offer relief to residents who are still grappling with challenges like high inflation and economic difficulties.
Although there is positive news for a portion of taxpayers, not all states plan to issue another round of stimulus payments. The following states have outlined plans for a fourth stimulus payment:
- Arizona
- California
- Colorado
- Maine
- Maryland
- Missouri
- New Mexico
- New York
- Vermont
- Florida
- Georgia
- Michigan
- Tennessee
- Texas
Eligibility criteria differ among states, but common factors include income levels and those affected by high inflation. Additionally, certain states will provide stimulus support to various groups such as farmers, essential workers, frontline workers, energy-efficient individuals, and teachers.
For more information, individuals can refer to their city or state’s official website. A comprehensive list of relief payments can be found on “The Sun,” which is regularly updated.
In Alaska, some taxpayers will receive a non-taxable energy relief payment of $662. This payment stems from the state’s 2022 energy revenue and corresponds to the Permanent Fund Dividend (PFD), which is distributed annually. Those classified as “eligible-not-paid” will receive their payment on August 17. The Alaska PFD offers residents a portion of the state’s minerals revenue.
The likelihood of receiving another federal stimulus payment is quite low. Despite ongoing efforts by lawmakers to support Americans recovering from the pandemic’s impact, the improving economy and declining unemployment rates have led the government to reconsider the necessity of issuing further stimulus checks.