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Eligible Families Could Receive Multiple $400 Gas Stimulus Checks | Latest Update!

Stimulus Check

Many people are complaining about the recent spike in gas costs, and the impact on everyone’s budget isn’t going unnoticed. The national average for gasoline is $4.24 a gallon, according to the website GasBuddy.

Legislators in various states are circulating proposals that would provide a small monthly stimulus to families that qualify based on their adjusted income from the previous year. Known as the “fifth stimulus check,” people who qualify would receive up to $400 per month to help alleviate the pain of a tank of petrol eating away at your pocketbook.

“This proposed rebate would cover the existing 51 cents per gallon gas tax for a full year of weekly fill-ups for a car with a 15-gallon petrol tank,” legislators said.

Checks Would Be Provided to Qualifying or Struggling Families Who Met the Following Requirements, According to the Stimulus:

In Terms of How Much Money Each Household Will Receive, the Following Sums Will Be Given After Qualifying Factors:

More Updates:

Update on the Fourth Stimulus Check: What We Know About Proposed Relief For High Gas Prices!

In Maryland, 79,000 Families Are Eligible for the Child Tax Credit | Latest Update!

‘What Happened to the Money?’ What to Do if You Get a Windfall.

The extra money may not seem like much in comparison to monthly expenses, but depending on each person’s daily commute, it may save a tank or two per month. Additionally, regardless of car ownership status, the subsidies are available to all qualified households.

For the time being, the concept is gathering traction, and if adopted, it will be marketed as a gas tax rebate with tax consequences comparable to the Economic Impact Payment.

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