New $400 stimulus checks could be coming to millions of Americans in $18B inflation relief package – would you qualify?
THE governor of California has announced a potential inflation relief package worth over $18billion that will give car owners up to $800.
Governor Gavin Newsom proposed an $18.1 billion inflation relief to help Californians combat inflation, reports KTLA5.
Transportation
Most of the money would go toward $400 checks for car owners. This $11billion venture was announced earlier this year when Newsom suggested this would help offset rising gas prices.
Californians who have more than one car will get $800 since the cap is two cars.
The plan also proposes spending $750 million to give residents three months of free public transport.
Newsom is also proposing $439 million for a 12-month pause in the sales tax rate for diesel fuel.
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Other legislators offered their own plans including cash rebates. Legislative leaders and Newsom will have to come to a compromise.
Assistance for families
Another part of the bill will focus on a rental assistance program.
About $2.7billion would be used to help low-income families with emergency rental assistance. These families had to apply for help before March 31.
Past-due utility bills will also be taken care of with $1.4billion. These funds will build on last year's utility relief program that helped residents with water and electric bills.
Another $933 million would be spent providing up to $1,500 payments to the hospital and skilled nursing facility workers who were caring for patients during the COVID-19 pandemic.
This plan also includes $304million to make healthcare more affordable to families four earning up to $166,500 annually.
The governor's office said this would be available to over 700,000 Californians.
If passed, $157 million would be put toward making a state-subsidized preschool and child care more affordable.
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Newsom's office said this would benefit 40,000 low-income families, helping them save up to $595 per month.
The bill has yet to be approved.
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