Maine residents are hopeful as Republican lawmakers support a move that would send them $850 stimulus checks with no income cap.
The money would come from a $1.2 billion dollar surplus the state has.
If approved, residents could see the stimulus payments as early as June.
What might the eligibility requirements be for the stimulus payment?
While Republican lawmakers support the bill, they want there to be no income cap to qualify.
Mills’ proposal has an income cap.
Her suggestion is to send the money to people who earn less than $75,000 single or $150,000 married filing jointly.
How will the payment be sent?
If approved, some are pushing for an electronic payment option to get the payments out quicker.
Others don’t support the idea because Maine has never used direct deposit as an option.
This is because the state has never used direct deposit and it could create more issues, creating a delay.
Less than half of the 800,000 eligible taxpayers have their banking information on file with the state for the stimulus payment.
In order to pass, the proposal needs 2/3 support from lawmakers.
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