If you still have an inflation relief debit card from a few years ago, you might want to use it or lose it.
In 2022, California issued $9 billion in direct payments that were sent to nearly 32 million Californians under the Middle Class Tax Refund.
The payments ranged from $200 to $1000 to help residents deal with an inflation surge and rising gas prices.
Almost $5 billion were sent via debit cards which are now set to expire on April 30th.
The Franchise Tax Board says most of the cards were activated but not all, leaving $400 million yet to be claimed.
The board also says less than half of cards show a zero balance. Any unused funds will be returned to the state’s general fund.

