Virginia passed their two year spending budget just ahead of the start of a new fiscal year, and stimulus payments are included.
The bipartisan package is worth $224 billion dollars.
Over $4 billion dollars in tax cuts are granted to Virginia state residents.
What is in the spending plan aside from stimulus payments?
Included in the budget is $19 billion dollars to invest in public education.
This will bolster both K-12 education and higher education.
Teachers and employees working for the state will see raises in their pay.
Payments worth $1,000 for Delaware child care professionals
Funding for more resource officers was agreed upon.
Governor Glenn Youngkin had hoped to include a gas tax pause, and was disappointed one was not included in the budget.
He described it as Senate Democrats not believing Virginia residents deserved a break.
Fortunately, not all relief was lost.
Residents of the state can expect stimulus payments in the form of tax refunds.
Single filers will see $250 payments and joint filers will see $500 payments later this year.
The 1.5% grocery tax was eliminated, but a 1% local levy was left.
Standard deductibles doubled.
Samantha edits our personal finance and consumer news section. Have a question or lead? Send it to [email protected].