New York State is indeed set to send its first-ever inflation refund checks ranging from $150 to $400 to over 8 million residents starting in late September 2025.
True
New York will soon send the state’s first-ever "inflation refund” checks to over 8 million people. The refund payments will range from $150 to $400.
New York inflation refund checks: Millions to get up to $400 this fall to ease rising costs, check eligibility - The Economic Times
Source: economictimes.indiatimes.com
At a glance
Verified September 18, 2025Key Evidence
Sources like The Economic Times, The Guardian, CNBC, CBS New York, and local news outlets consistently report that over 8 million New Yorkers will receive inflation refund checks ranging from $150 to $400 starting in late September 2025.
Governor Kathy Hochul's office has publicly supported this plan as part of the FY 2026 budget.
The Department of Taxation and Finance will handle distribution automatically without requiring applications.
The reporting
What the Evidence Shows
Multiple independent and reliable sources confirm that New York will issue one-time inflation refund payments to more than 8 million residents beginning in late September 2025. The payments are part of the FY 2026 state budget and are designed to help offset rising costs due to inflation. The refund amounts vary between $150 and $400, depending on factors such as filing status and adjusted gross income for the 2023 tax year.
Eligibility generally includes joint filers with income up to $150,000, among others. The New York Department of Taxation and Finance will automatically send these checks based on 2024 tax returns, with no application required. This initiative is described as the state's first-ever inflation refund program, aiming to return money to hardworking families affected by inflation.
Primary trail
Verified Sources10
Open source