The $9.5 billion tax refund program will provide one-time payments of up to $1,050 for some families, expected to be sent out between next month and January 2023.
Gov. Gavin Newsom and state lawmakers reached a deal for the refunds in June amid record-setting gas prices and rising costs for other goods.
Now, funds will be received as gas prices continue to tick down closer to the $5 mark. According to AAA, the average price for gas is $5.439 per gallon in California as of Thursday.
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