Americans in line to get $130 in gas savings or up to $400 in direct payments – who is eligible

INDIANA residents can expect some financial relief soon, however, what they get is still being decided.

Governor Eric Holcomb originally proposed sending $225 rebate checks to Hoosiers from the $1billion budget surplus.

While the rebates passed in the House, Senate Republicans had other plans.

The Senate proposed suspending the gas and utility sales tax stating June’s high inflation hit Hoosiers 

The hardest in food and gas. The Senate's plan is said to save 

The average household about $130 and an amendment could offer $400 checks to those eligible.

Their proposal would cap the sales tax on gas to 29.5cents per gallon until June 30, 2023, or the end of the fiscal year.

However, if the price of fuel decreases, the sales tax would also decrease.

Mr Holcomb's proposal would have provided the $225 rebates under Indiana’s automatic taxpayer refund law (ATR).

The House proposal

His proposal was intended to provide broader relief rather than the suspension of the gas tax.

This plan would have given taxpayers their money back, 

While also including Hoosiers who didn't file tax returns.

Other funding included:

1. Prenatal and postnatal services

2. Increased adoption, child tax credits, and exempted diapers from the sales tax

Swipe Up to Read More Stories

Swipe Up