California stimulus checks: Over 1 million more payments will soon go out
More than 1 million Californians who qualify for a Golden State Stimulus check but haven’t received one yet could see a payment as soon as this week. That’s because the state is preparing to distribute another round starting this Friday. A total of 1.15 million payments valued at $857 million will be sent out in this latest batch, according to the California Franchise Tax Board. The disbursement includes 400,000 payments that will be directly deposited into bank accounts this Friday, as well 750,000 paper checks that will be mailed out starting next Monday. For those anticipating a payment, officials note that it can take several days for direct deposits to show up in bank accounts, and up to three weeks to receive a check by mail after it’s sent. Under the GSS II program, California has been sending out checks of up to $1,100 — $600 for an individual plus an extra $500 for a qualifying dependent — to eligible residents who earned $75,000 or less last year. The funds were approved by l...