Golden State Stimulus – California Globe

California ‘Inflation Relief’ Checks Will Go Out Later This Week

October 4, 2022 2:30 amOctober 3, 2022 8:17 pm

This week, the first inflation relief checks for Californians, known as the Middle Class Tax Refund, are to be sent out. During the spring and summer, the Governor and state legislators butted heads on how to best hand out the...

Leg Analyst Projects California Will Have $31 Billion Budget Surplus Next Year

November 18, 2021 11:43 amNovember 18, 2021 11:43 am

According to the 2022-2023 California state budget Fiscal Outlook report compiled by the Legislative Analyst’s Office (LAO) on Wednesday, California will have a $31 billion surplus next year. This marks the second budget year in a row where a large...

California Tax Board Prepares For Release of Golden State Stimulus II Payments

August 25, 2021 4:01 pmAugust 26, 2021 11:37 am

The California Franchise Tax Board updated their website on Wednesday in preparation for California’s largest stimulus program in history, the Golden State Stimulus II, to begin disbursement next week. Golden State Stimulus II was first proposed in May when Governor...

California Stimulus Checks to Arrive Week Before Recall Election in September

July 13, 2021 5:18 pmMarch 23, 2022 11:49 am

Governor Gavin Newsom signed into law the $100 billion budget deal on Monday, setting up the $12 billion Golden State stimulus plan to come into effect shortly before the September 14th recall vote. Press play to hear a narrated version...

Gov. Newsom’s State Surplus Found To Be Only $38 Billion In New LAO Report

May 19, 2021 11:33 am

Earlier this week, the California Legislative Analyst’s Office, a non-partisan group within the California state government, found that the state budget surplus is only around $38 billion – half of the $76 billion that Governor Newsom touted in his recent...

Governor Newsom Unveils $100 Billion ‘California Comeback Plan’ Proposal

May 10, 2021 6:19 pmMay 12, 2021 11:22 am

Governor Gavin Newsom announced on Monday in Oakland that he would be proposing a $ 100 billion “California Comeback Plan” to cover statewide stimulus checks for 2/3rds of all Californians, rental assistance, and other direct cash forms of economic relief....

Gov. Newsom Announces Budget Proposal For State Stimulus Payments, Eviction Moratorium Extensions

January 7, 2021 2:34 pmJanuary 7, 2021 2:35 pm

On Wednesday, Governor Gavin Newsom announced a new budget proposal that would give low-income residents of the state $600 in stimulus money and would extend eviction protections further into 2021. According to Governor Newsom’s proposal, known as Golden State Stimulus,...