- Colorado to Issue $ 375 Coronavirus Checks to State Residents Most Affected by the Pandemic
- This economic stimulus payment is a local initiative and has nothing to do with the Internal Revenue Service (IRS)
- With the signing of this executive order, it is estimated that about $ 168 million dollars will be delivered
Colorado will issue $ 375 coronavirus checks to state residents hardest hit by the pandemic.
Following an executive order from Governor Jared Polis, about 435,000 Colorado residents will receive a $ 375 coronavirus relief check.
This economic stimulus payment is a local initiative and has nothing to do with the Internal Revenue Service (IRS). Rather, it is a governor’s decision that arises due to the lack of agreement between Democrats and Republicans in Congress on an economic plan that helps American families.
“The economic impacts of COVID-19 are significant and threaten to undermine the economic stability of many Coloradans and local businesses,” Polis said.
Colorado to Issue $ 375 Coronavirus Checks
The aid will go to those who have been most affected by the pandemic. That is why people whose income is not more than $ 52,000 annually, who have received at least $ 1 in unemployment assistance (between March 15 and October 24 of this year) and who have been eligible to receive between $ 25 and $ 500 a week in unemployment benefits (in the same period), the NY Diary.
“The risk of contamination posed by COVID-19 required the closure of multiple businesses,” reflected Polis
“Employers and employees in virtually every sector of the economy have been hit hard. While we have seen indicators that our efforts to ‘flatten the curve’ are working, the transmission of the virus continues to threaten the lifestyle and livelihoods of Coloradans, “he added.
With the signing of this executive order, it is estimated that about $ 168 million dollars in checks for coronavirus will be delivered.
Authorities expect all payments to be sent to their beneficiaries by December 4 at the latest.