![]() The Forbes Advisor editorial team is independent and objective. The budget also includes a $14.8 billion infrastructure and transportation package, as well as more than $200 million in additional funding that will go toward reproductive health care services.Ĭalifornia’s 2022-2023 budget also provides universal access to health coverage for low-income residents aged 26 to 49, regardless of immigration status, becoming the first state to do so. $1.4 billion in funds to help residents cover past-due utility bills.$1.95 billion for emergency rental assistance for qualified low-income tenants who requested assistance before March 31, 2022.The budget contains a handful of additional measures to try to relieve inflation’s impact on residents: However, the budget includes a suspension of the state sales tax on diesel fuel for 12 months starting on October 1. Diesel Tax HolidayĬalifornia’s budget package doesn’t include a suspension of the state’s gas tax, which is the highest in the U.S. What Else Is in the Inflation Relief Package?Īlong with stimulus payments, the $17 billion inflation-relief package within the larger state budget includes a temporary suspension of state diesel taxes and help with rent and utility costs. ![]() $200: Additional payout for the above families who have at least one dependent.$400: Couples who file jointly and earn less than $500,000 per year.$200: Individuals who earn up to $250,000 per year.Income limits to qualify for the minimum payout are as follows: $350: Additional payout for the above families who have at least one dependent. ![]()
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