Alabama taxpayers are set to receive $500 rebates under a $2.7 billion budget surplus.
Alabama Residents Set to Receive $500 Direct Payments
Up to $500 could be refunded to a group of taxpayers as lawmakers are working with Governor Ivey on a $500 million rebate package. According to Arthur Orr the Alabama state senator and education budget committee chairman, this will help residents deal with high inflation.
According to a published post by The US Sun, the focus areas in the budget would be tax cuts and education. Orr said that after taking care of the education budget, there would still be enough to send back to the residents of the state.
Eligibility Guideline for the Proposed Budget
Gov. Ivey hasn’t made a budget proposal for 2023. Having this in thought, the exact eligibility guidelines are not yet clear. Under the discussed package, individual taxpayers would get a minimum of $200 or $250 and $400 or $500 for married couples. All lawmakers would have to approve the plan for this to happen.
Other States Still Sending Out Rebates
There are still some states sending out rebates approved last year. In Idaho, residents are receiving up to $600 relevant to their filing status. In Colorado, $750 is to be sent to individual filers and $1,500 to joint filers. Also in California, Middle-Class Tax refunds are still being sent out which range from $200 to $1,050.