New York Governor Kathy Hochul has proposed sending $300 checks to individuals earning $150,000 or less and $500 to families making up to $300,000, aiming to return about $3 billion to 8.6 million residents to help alleviate inflation costs. The initiative, part of her 2025 state of the state address, would be funded by excess sales-tax revenue and could begin in the fall of 2025, pending legislative approval.
