CNMI taxpayers and all their dependents, including adult children, will get $500 each in local stimulus, according to Finance Secretary David DLG Atalig, who said his department expects to release about $25 million for this purpose using the American Rescue Plan Act money.
The checks will be out before Aug. 15, said Atalig in response to Saipan Tribune’s request for clarification about the local stimulus.
He said at a radio news briefing last Friday that they’re anticipating to release about 28,000 stimulus checks in all. “Right now, we’re still reviewing,” he added.
Atalig said Gov. Ralph DLG Torres has decided that they are going to provide $500 each to all taxpayers, including their dependents and without any income thresholds.
The stimulus checks that people previously received from the federal government excluded those who were earning $75,000 and above per annum. This time, though, Atalig said, based on the ARPA funds and the analysis that he provided Torres, they determined that that they can do away with this requirement.
“So every taxpayer and their dependents will get $500. And so that’s exciting,” he said.
Atalig said right now they’re just verifying the list because they’re using data from the past stimulus checks.
“We need to include all taxpayers, those also that are above the threshold,” Atalig said.
He previously disclosed that Torres has allocated over $31 million in ARPA funding for the local stimulus.