HomeNewsStimulus Checks: Possible Bonus Payments Could Be Coming Near Christmas

Stimulus Checks: Possible Bonus Payments Could Be Coming Near Christmas

by Samantha Whidden
PHILADELPHIA - MAY 8: Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania. One hundred and thirty million households are eligible to receive a tax rebate check under the $168 billion economic stimulus plan. (Photo by Jeff Fusco/Getty Images)

Interesting news for Illinois residents. A new Stimulus Checks update reveals that possible bonus payments could be coming around Christmas for those living in the Prairie State.

According to the Sun, a proposal about the stimulus checks is by Republicans in Illinois’ House of Representatives. It was received last week. Should the proposal pass, single taxpayers who are earning less than $75,000 a year will receive a $200 check. Meanwhile, an amount of $400 will go to joint filers who are earning less than $150,000. 

GOP state Representative, Tom Demmer, states that the stimulus check support will “mirror” some of the financial aid by the U.S. government over the past year and a half. “$400 won’t make all the problems go away,” he declared. But it could have a positive impact.”

The Illinois representative further explained that the $400 stimulus check could be an extra week or two of groceries as well as a few extra utility bills. “Or it could make a difference between being able to buy new shoes or winter coats for your kids.”

However, the stimulus check bill in Illinois has not passed yet. This is still a potential circumstance.

What Other States Are Considering Stimulus Checks?

The Sun reports another batch of stimulus checks will be going to California residents starting on November 29th. Each of the checks will be worth $1,100. Around nine million Californians are expecting to receive the extra funds before the end of 2021. 

However, in order to qualify for the latest round of stimulus checks, residents’ California Adjusted Gross Income (CAAGI) must be between $1 and $75,000. 2020 tax returns were supposed to be filed on or before October 15th in order for qualified Californians to receive the upcoming funds. 

The media outlet reports payments will be received based on the last three digitals of the residents’ zip codes. Those living in the zip codes ending in 585-719 will receive a check from November 29th to December 13th. 

Meanwhile, retired workers will be getting a financial boost in January. This is due to Social Security checks are seeing an increase to nearly $1,600 a month. Stimulus checks in California will be the first to include the 5.9% rise. This is notably the highest increase in 40 years. 

Mary Johnson, of the Senior Citizens League, previously revealed that one in five older seniors are visiting food pantries or applying for food stamps. “It’s highly disturbing that such a large number of survey participants have been forced to access food pantries. This illustrates the dire situation faced by households of those who depend on Social Security for most of their income. [Especially] when food prices jump into overdrive.”

Research conducted by the group found that cost-of-living adjustments have increased Social Security benefits by 55%. Meanwhile, housing costs have risen by 118% over the past two decades.