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98% Of Stimulus Payments Have Been Processed Within Four Days, Maryland Comptroller Peter Franchot Says

ANNAPOLIS, Md. (WJZ) -- Maryland Comptroller Peter Franchot announced Friday that 98 percent of stimulus payments have been processed within four days of the RELIEF Act becoming law.

Specifically, 266,985 electronic payments with a value of $113.6 million have been transmitted to banks for deposit into individuals' accounts, and 148,972 paper checks, totaling $61.7 million, have also been processed, Franchot said.


Under the RELIEF Act, 422,531 recipients are eligible for one-time stimulus payments of $300 or $500.

Taxpayers who claimed the Earned Income Tax Credit in Tax Year 2019 and reside in or have permanent residence in Maryland as of February 12 are eligible for payments.

For the latest information on coronavirus go to the Maryland Health Department's website or call 211. You can find all of WJZ's coverage on coronavirus in Maryland here.

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