The Daily Hodl 2025-06-27 18:45:42

Residents of Major US State Primed To Receive Checks of up to $1,500 As Governor Vows To ‘Put More Money Back’ in People’s Pockets

The New York Democratic Governor Kathy Hochul says millions of residents will start receiving checks for up to $1,500. In a new announcement, Hochul says nearly three million New Yorkers will receive $2.2 billion in tax breaks through the state’s School Tax Relief (STAR) program. “Summer is here – and it’s also the start of STAR tax relief season for millions of New Yorkers. From tax credits to child care assistance and much more, we’re continuing to put more money back in New Yorkers’ pockets.” Under the STAR program, eligible homeowners and seniors receive property tax relief by having their school tax burden reduced. Some have already received their benefit in the form of a tax exemption this year, but others are due to receive the benefit as a tax credit sent via check. Checks will be mailed out beginning next week. Most eligible homeowners, those with incomes below $500,000, will receive a check between $350 and $600, while eligible seniors, those with incomes below $107,300, will receive a check between $700 and $1,500. In New York City alone, 483,000 residents will receive checks totaling $158.6 million. Meanwhile, 582,000 Long Island residents will receive a combined $698.4 million. Residents can track the delivery of the sent check or enroll in direct deposit using ny.gov/STAR. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Residents of Major US State Primed To Receive Checks of up to $1,500 As Governor Vows To ‘Put More Money Back’ in People’s Pockets appeared first on The Daily Hodl .