The Gas Discount Act of 2022introduced by congressional representatives Mike Thompson, John Larson and Lauren Underwood, would give $ 100 to Americans because of the sky-high gas prices.
Due to the Russian invasion, the national average gallon in the United States is $ 4.
Gas prices reached one record high and for most Americans, paying higher prices at the pump is a difficult situation.
Which states are already helping with this relief?
Idaho.- Residents of Idaho will receive a tax rebate of $ 75 pr. taxpayer and provider
Georgia.- Georgia residents who have filed tax returns for 2021 and 2020 will receive an additional amount in tax deductions.
Indiana.- Indiana lawmakers approved a $ 125 tax refund plan for anyone who filed their 2021 tax.
New mexico.- New Mexico will provide $ 250 for single files with an income of $ 75,000. And $ 500 for shared files that earn $ 150,000.
-Connecticut.- The suspended gas taxes until June 30, 2022.
– Maryland.- Maryland suspended gas taxes until April 18, 2022.
Which states are trying to pass legislation to provide some pumping assistance?
-California: Gov. Gavin Newsome announced he would send a $ 400 check to households with cars.
-Hawaii: Governor David Y. Igedavid proposed issuing $ 100 repayment checks for each taxpayer and provider. “
“In this way, we will also inject $ 110 million back into our economy, which will also give it a boost,” Governor Igedavid said
– Maine: Gov. Janet Mills wants to provide “aid checks to the Maine population of $ 850 in light of record high inflation and rising oil and gas prices caused by Russia’s invasion of Ukraine.”
What is the federal government doing?
Congress and the Senate want agas stimulus payment to Individuals earning $ 75,000 or less.
For joint applicants, lawmakers are trying to help couples earning $ 150,000 or less. Providers would be entitled to one $ 100 check per month.
Persons with an income between $ 75,000 and $ 80,000will be eligible for stimulants, but with a reduction.
Joint filers who earn between $ 150,000 and $ 160,000 will also qualify for stimulant funds, but for a reduced amount.
But people earning $ 80,000 as individual income and joint files with $ 160,000 will not be eligible for the gas check.
All income will be calculated in the last submitted tax return.
Democratic lawmakers are pushing for the initiative. However, it is unknown whether the Republican Party will sign the proposal.