Please ensure Javascript is enabled for purposes of website accessibility

Could Your Next Coronavirus Stimulus Check Come From Your State?

By Christy Bieber – Jun 24, 2020 at 7:32AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

As Washington lawmakers drag their feet, some places are already sending more money to those in need.

Although most Americans have already spent their COVID-19 stimulus money on necessities, lawmakers in Washington, D.C., have been dragging their feet on negotiating a second coronavirus payment. Sadly, the chances of a compromise are far from certain, the timeline is tight, and there's a good chance no second check will come from the federal government. 

But that doesn't mean there's no hope for more COVID-19 money. In fact, throughout the country, some places have already begun providing additional funds for residents who need them. And more may follow suit. 

Envelope full of $100 bills.

Image source: Getty Images.

More stimulus money is already available in these states

Stimulus funds have already been made available by local governments across the country, in places as diverse as Alaska and Florida. 

In Orange County, Florida, for example, residents are eligible for one-time payments up to $1,000 while businesses can qualify for $10,000 grants. The county started accepting applications June 8, and the funds are available to local residents who rent or own a home in the area and who experienced a job loss or reduction in hours in their households due to COVID-19. Information and the link to apply can be found on the county's website

Chicago is also providing stimulus money through a program called the Chicago Resiliency Fund, but these payments are limited to those who were excluded from the federal coronavirus stimulus checks. Applications will be accessible online beginning June 22, and grants of up to $1,000 will be available to qualifying city residents. 

And residents of Skagway, Alaska, will get even more help from their local government after a municipal resolution established the Emergency Assistance and Economic Stimulus Program to provide monthly stimulus checks valued at $1,000 per household member (including children) for six months. Applications are available online, and eligibility is based on demonstrated need. 

Both Orange County and Skagway are using funds made available by the CARES Act to provide this COVID-19 money to local residents. The CARES Act established a $150 billion relief fund that offers aid to state, local, and tribal governments. Distributing money to those in need is one of the permissible uses of these funds. 

Because this federal money is available, there's a good chance that other locales could soon follow suit and pass some of it on to people in need. 

Will your state provide a COVID-19 payment?

The best way to find out if your state will provide any relief is to watch your local newspaper, sign up for email alerts from your governor or other local politicians, or check with your state's health and human services department. 

If more funds become available, you can use them to save or invest. Since the federal government potentially won't distribute a second round of stimulus checks even as the country enters a recession, the funds from your state or local government may be the last payment to help you through the COVID-19 crisis. 

The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 10/05/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.