As 2024 continues, a significant number of Americans are left wondering whether state stimulus checks will still be a reality come September. While many states have phased out these programs, a few continue to provide much-needed financial support to specific groups of residents.
Whether you’re one of the lucky ones to receive a check this September largely depends on your state of residence and your individual circumstances.
Continuation?
The big question on everyone’s mind is whether states will continue distributing stimulus checks in September 2024. These payments, which became common during the height of the pandemic, have largely tapered off as the economy has stabilized. However, a handful of states continue to offer financial assistance, either through ongoing initiatives or newly allocated funds aimed at supporting residents.
For many, these checks provide a lifeline, especially in states where the cost of living remains high. But the reality is that the availability of these payments has become increasingly selective, targeting specific groups rather than broad populations.
New York’s STAR
In New York, the School Tax Relief (STAR) program continues to offer relief to homeowners struggling with the high costs of property taxes, particularly those associated with school funding. This program offers two types of credits: basic and enhanced, based on the homeowner’s eligibility.
For 2024, homeowners who qualify for the basic STAR credit typically see an average reduction of $778 on their tax bills. Those eligible for the enhanced credit, usually older homeowners or those with lower incomes, receive a more substantial reduction, averaging around $1,407.
These credits are not issued as direct payments but are instead applied to property tax bills, reducing the amount owed. However, many homeowners can expect to see these credits reflected in their bills between August and December, with September being a common month for this financial relief to be applied.
Alaska’s Dividend
Alaska remains an outlier in continuing its long-standing financial support program—the Permanent Fund Dividend (PFD). This program, funded by the state’s oil revenues, provides an annual payout to eligible residents. In 2024, the PFD is set at $1,312 per person, a significant amount for many families, especially in a state where the cost of living can be prohibitive.
Although the most recent round of PFD payments was completed in August, residents who are marked as “eligible-not paid” by September 4, 2024, will receive their check on September 12. The PFD is an integral part of Alaska’s economic structure, offering residents much-needed financial assistance to help offset the state’s high living costs.
Potential Checks
While New York and Alaska continue their established programs, other states might still issue stimulus checks, albeit more selectively. These payments are often directed toward specific groups such as low-income families, veterans, or seniors and are typically part of broader programs designed to combat inflation or provide relief to the most vulnerable.
However, the continuation of these checks largely depends on the political climate and fiscal health of each state. Not every state will choose to continue these payments, and even in states that do, not all residents will be eligible to receive them.
Will You Get One?
If you’re wondering whether a check is headed your way, it’s essential to stay informed. Regularly checking your state’s official websites and staying alert to any communication via mail or email is crucial. Additionally, some programs, like Alaska’s PFD, require you to apply or meet certain deadlines. Missing these could mean missing out on much-needed financial aid.
If you qualify for any state stimulus programs, make sure you’ve met all the necessary requirements to secure your payment. Keep an eye on deadlines, ensure your application is complete, and don’t hesitate to reach out to your state’s office if you have any doubts.
For those who are still receiving assistance, these payments offer a financial boost during what can still be challenging economic times. So, stay informed, stay prepared, and make the most of the support available to you.
FAQs
Which states are still issuing stimulus checks in September 2024?
Some states like New York and Alaska continue issuing checks.
What is the STAR program in New York?
A property tax relief program helping homeowners reduce school tax costs.
How much is Alaska’s Permanent Fund Dividend in 2024?
The PFD is set at $1,312 per eligible resident in 2024.
Who qualifies for stimulus checks in 2024?
Eligibility varies by state and program; some target low-income residents.
How can I find out if I’ll receive a stimulus check?
Check state websites and ensure all application requirements are met.
