When will SSI recipients receive the Golden State Stimulus?
On Thursday California’s Franchise Tax Board sent out 2.5 million Golden State Stimulus payments. Payments are scheduled to go out twice a month.
In February Governor Gavin Newsom signed into law California’s own stimulus program, the Golden State Stimulus, which included $600 to $1,200 in payments to eligible taxpayers in the state. Thursday was the first announcement of just how many payments have gone out so far.
In order to benefit from the economic assistance, Californians must file a 2020 state income tax return. Depending on when and how taxpayers file will determine when their payment will be sent.
$1.6 billion in stimulus funds sent
“We passed the recovery package to get money into the pockets of Californians who were hit hardest by this pandemic, and that’s exactly what the Golden State Stimulus is doing,” Governor Newsom said of the payments. These are the first payments to those who filed their taxes before 1 March. The state began sending out payments 15 April.
For those that filed before 23 April, they should see their stimulus payment arriving sometime starting around 15 May. Depending on how the payment was made it will take two to six weeks to receive. Those who use direct deposit to get their refund could see the money in their account two weeks after it is disbursed. While those that receive paper checks will have to wait between four and six weeks.
“Californians who have not filed their 2020 taxes should know they may qualify for these funds, and we look forward to building on programs like this that invest in and support Californians in the months ahead,” Governor Newsom said. In order to receive a payment, filers must file before 15 October, 2021.
The state will continue to send payments twice a month as the FTB processes state tax returns however if you file after 23 April you may have to wait longer. The FTB says that direct deposits could take up to 45 days and paper checks 60 days after a return is processed.
When will those who receive SSI or other benefits get their payment?
The California Department of Social Services handles a separate program authorized under California's stimulus legislation called the Golden State Grant (GSG). One-time GSG payments of $600 will be provided to SSI/SSP (Supplemental Security Income/State Supplementary Payment) recipients, along with all eligible CalWORKs Assistance Units and the Cash Assistance Program for Immigrants (CAPI) to provide covid-19 pandemic relief.
The timeline for those payments has not yet been announced but California Department of Social Services spokesman Jason Montiel said "We hope to begin issuing payments this summer.” He recommended checking the website where more details will be posted as they become available.
People with questions about SSI/SSP can call 800-772-1213 or click here for more information.