Summary
New York State has sent out "inflation refund" checks to over 8.2 million residents, with amounts ranging from $150 to $400. This program, part of Governor Kathy Hochul’s "Affordability Agenda," aims to help New Yorkers manage living costs amid economic pressures.
Key Facts
- Over 8.2 million inflation refund checks have been sent to New York residents.
- The checks are part of a $2.2 billion program funded by higher-than-expected sales tax revenue.
- Eligible single filers can receive $150 to $200, while married couples filing jointly may get $300 to $400.
- The checks are automatically mailed to those who filed a 2023 state tax return.
- New York City residents received about 3.54 million payments.
- The program includes other measures like free school meals and child tax credits to help with living costs.
- The initiative is part of Governor Hochul's "Affordability Agenda" to address financial strain on residents.
