The burden is disproportionately borne by low-income Americans, whose already-stretched paychecks are heavily impacted by price fluctuations. If you live in Florida, you could get a stimulus check of up to $1,000. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Pennsylvania residents were able to get between $250 to $650 as property tax rebates, based on income and how they pay for shelter. Georgia residents didnt quite get a stimulus check, instead the state government gave everyone a tax refund if theyd paid state taxes in 2020 and 2021. The Act includes Coronavirus State and Local Recovery Funds, which provides $195.3 billion to the States and the District of Columbia. by Rachel Bucchino L. Florida first responders and teachers are expected to receive $1,000 one-time stimulus payments during the summer after Gov. Other states gave single, specific amounts. Andy's coverage includes technology and entertainment, and he has a particular interest in all things streaming. Parents will be allowed to opt-out of the monthly payments through an online portal that is set to be created by the IRS. Floridas recovery has far outpaced early projections and is on track to restore pre-pandemic economic growth. His work has appeared in outlets including The Guardian, Forbes, and The Financial Times, and hes written for BGR since 2015. Read: Stimulus update: House passes COVID-19 relief bill paving way for $1,400 checks, unemployment benefits. WebThe U.S. Department of the Treasury published information on how they will process the $1200 Economic Impact Payment on a joint filed return. It, too, is sending out checks to state residents over the next several weeks, though those checks will be much smaller than what had been expected from the federal level ($375, compared to the $1,200 federal stimulus checks). FAQ - New Privacy Policy, Federated Hermes chief equity strategist Phil Orlando and Sarge986 president Stephen Guilfoyle discuss how many more rate hikes it will take to slow inflation on 'The Claman Countdown.'. Some Florida families are getting checks in the mail from Gov. Residents in New Jersey were given between $450 to $1,500 as a rebate for property taxes or rent payments, partially dependent on income level. Individuals got $250 if they were single or married but filed separately, while heads of household got $375 and married couples received $500 together. {} . However, the states auditor, Emily Boesen, said residents might get up to $325, since the $125 payments may be combined with a second, automatic refund of $200 each. Rich snippets to dosownie bogate opisy, czyli rozszerzone informacje o stronie. state government gave everyone a tax refund, 1 student loan bill you might not know ready for Bidens signature, COVID-19 Essential Employee Premium Pay program, US mortgages highest since 2008, Florida home sales dropping, Gov. Market data provided by ICE Data Services. L ower and middle-class residents of Boulder, Colorado, in need of more money to afford groceries can start submitting applications for a rebate program on How To Check On Your COVID-19 Crisis Stimulus Payment In FL The second round of the COVID-19 crisis stimulus checks has been sent out. This station is part of Cox Media Group Television. Officials expect the money to arrive between July 25 and Aug. 7, which is before Florida's "back-to-school" sales-tax holiday. FLORIDA Florida residents are looking forward to the payment expected as part of a $2 trillion federal economic relief package intended to soften the financial and 2022 BGR Media, LLC. . Timeweb - , , . The plan also extends $300 a week in federal unemployment benefits until September. , 2023 |, | 0096176817976, | 0096176817976, 0096176817976| , - 0096176817976, 0096176817976| , | 0096176817976, - 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 3 , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 4 , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976- , 0096176817976- , 0096176817976| , 0096176817976| , 0096176817976| 4 , | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 24 , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 100%, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , - 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 48 , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 50 , 0096176817976| , 0096176817976| , 0096176817976| , | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , ( )| 0096176817976, - 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , - 0096176817976, - 0096176817976, - 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976- , | 0096176817976, 0096176817976| , 0096176817976- , 0096176817976| , 0096176817976| , - 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976- , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , | 0096176817976, 0096176817976| , 0096176817976- , | 0096176817976, | 0096176817976, 0096176817976- 100100, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , | 0096176817976, 0096176817976| 100, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , | 0096176817976, | 0096176817976, | 0096176817976, ( )| 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976- , 0096176817976| , - 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, | 0096176817976, 0096176817976| , 0096176817976| , 0096176817976| . The checks are being sent to families with adopted or foster 0096176817976| 3 , 0096176817976| , 0096176817976| :-72 : , 0096176817976| 11 ( ) , 0096176817976| , 0096176817976| , 0096176817976| 4 , 0096176817976| : , 0096176817976| , 0096176817976| , 0096176817976| 4 , | 0096176817976 7 2 2 22 2 , 0096176817976| , 0096176817976| ( ) (3) . Through Executive Order 19-31, the Governor began the process of making Florida the number one state in the nation for workforce education, and this recommended funding continues that focus to prepare Floridians to fill high-demand, high-wage occupations. Wszelkie prawa zastrzeone, Jak podnie atrakcyjno witryny handlowej, Statusy z blipa w real-time search Prima Aprillis, Godzina dziennie z SEO. Florida is poised to receive $17.33 billion from the package -- the fourth highest amount after California, Texas and New York. Ron DeSantis. Jak sprawdzi skuteczno pozycjonowania. Market data provided byFactset. Get the Android Weather app from Google Play, Defense lawyers in Idaho killings case want gag order, 20-year-old Sarasota motorcyclist killed in crash, Chris Rock to finally have his say in new stand-up, Tampa mobile home park residents fight eviction, 3rd arrest made after teen shot to death in St. Pete, Beach battle over umbrellas heads to court, Grand Prix expected to draw thousands to St. Pete, 3 Daughters head brewer killed in crash on Skyway, 2022 Hurricane Guide: Prepare your family before a storm, Fence contractor extradited to Tampa Bay to face, Customers frustrated after used car dealership closes, Tampa Bay retiree one of thousands stuck in federal, Volunteers help veteran trying to feed homeless, City of Tampa removes speed hump in front of mans, Women in Motorsports internship to begin second, Bucs expected to release TE Cameron Brate, Lightning make roster moves ahead of NHL trade deadline, Top NFL draft prospect charged in fatal crash, Straz presents BIPOC series with Emmett Till play, Turning 50? Read: Appointments for Johnson & Johnsons COVID-19 vaccine fully booked at Publix: Heres when more will open up. To use the link, one needs to enter a Social Security Number or TIN Number, as well as birthdate and address. The payments started coming to residents in August. Quotes displayed in real-time or delayed by at least 15 minutes. 2022 CBS Interactive Inc. All Rights Reserved. As we noted, the state of Colorado is doing something similar in the absence of federal action. For now, the expansion of the child tax credit is temporary, but it could be extended by Congress at a future date. Residents who have already received funding from Orange Countys CARES Act Individual and Family Assistance Program are not eligible to apply.. Heres a good way to get yourself killed: sheriff says after group of motorcyclists flee deputies, Florida bill guts local governments power to protect tenants, SEE: Brightline reaches maximum speed for first time, Update: All lanes closed after multi-car crash on U.S. 192, according to traffic report, Hobby Lobby employee in Oklahoma fatally shoots manager, later dies in car crash. This will provide more than $2 billion over the next four years when combined with the Governors Florida Leads Budget recommendation. Indiana is giving residents $125, according to the state. , 0096176817976| : , 0096176817976| 40 40 ( , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| .. , 0096176817976| , 0096176817976| 20 , 0096176817976| , 0096176817976| 1001 100 , 0096176817976| , 0096176817976| . . https://t.co/wl3Uaz40vH pic.twitter.com/uAqI2Jxqo2. In order to receive a check, Floridians must fall into one of the eligible categories below at the time enrolled populations were captured for this payment on July 1, 2022. The Governors recommendations include a one-time $1,000 direct payment to full-time sworn law enforcement officers, firefighters, paramedics, and emergency medical technicians. Nearly two-thirds of Californians will qualify for a stimulus check of $600. Governor DeSantis budget recommendations to the Florida Legislature regarding the use of these federal funds are listed below: $208.4 Million (FY 20-21) Direct Payments to Pandemic First Responders, $73.2 Million (FY 21-22) Re-Employment Assistance Modernization, $56.6 Million (FY 21-22) Re-Employment Assistance Operations, $72 Million (FY 21-22) Behavioral Health System Modernization, Promoting Economic Development and Recovery, $258.2 Million (FY 20-21) Relief for Floridas Seaports, $150 Million (FY 21-22) Florida Job Growth Grant Fund, $50 Million (FY 21-22) Economic Development Transportation Fund, Investing in Infrastructure, Resiliency and Readiness, $938.4 Million (FY 20-21) Transportation Work Program, $1 Billion (FY 21-22) Resilient Florida Grant Program, $1 Billion (FY 21-22) Emergency Management Response Fund, $41.7 Million (FY 21-22) Florida National Guard Expansion, $125 Million (FY 21-22) Education and Employment Training Program, $60 Million (FY 21-22) Workforce Development Capitalization Incentive Grants, $10 Million (FY 21-22) Alzheimers Disease Research Program. Eligible recipients include foster parents, relative and nonrelative caregivers and families receiving funds from the Florida Temporary Assistance for Needy Families program or Guardianship Assistance program, according to a statement from the Florida Department of Children and Families. , : , 196006, -, , 22, 2, . Charlie Baker. The checks should arrive before Florida's "back-to-school" sales-tax holiday between July 25 and August 7, officials said. Eric Holcomb said the state owed its residents the refunds because state revenue had been unprecedented despite the COVID-19 pandemic. The payments, which are due to be sent out later this summer, came as part of a $101.5 billion state budget signed into law by Gov. The Governor is not recommending the appropriation of the full anticipated state allocation, and instead is requesting the Legislature leave a portion of the funds aside to evaluate Floridas economic recovery throughout the year and make additional targeted appropriations at a later time. Turn them in to HCSO Valentines. Gov. Those who own their homes were able to get between $250 to $650 based on their income, while renters could get between $500 to $650, but the highest income they could have to get those payments were $35,000 for homeowners and $15,000 for renters. ( ) , 0096176817976| 3 3 , 0096176817976| 50, 0096176817976| 3 -1- -2- , 0096176817976| , 0096176817976| (, 0096176817976| , , . , 0096176817976| 50-3-60 , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| 7 , 0096176817976| .., 0096176817976- 100100 6 , | 0096176817976 , | 0096176817976 , 0096176817976| 10 , 0096176817976| , | 0096176817976 , 0096176817976| 100 6 , 0096176817976| , 0096176817976| 6 , 0096176817976| 10 , 0096176817976| , 0096176817976| , | 0096176817976 , | 0096176817976 1- ( }, | 0096176817976 : , ( )| 0096176817976 : 1)-, 0096176817976| , 0096176817976| 100 2 , 0096176817976| 100 2 , 0096176817976| : , 0096176817976| : . Theyre real: $450 checks sent to Florida families with kids; Who qualifies? The Governors recommendations also take important steps to invest in Floridas infrastructure, resilience, and readiness. Florida residents don't need to apply for the $450 checks, which have been mailed directly to the recipients, according to state officials. The plan also extends $300 a week in federal Inflation has become a major political liability for President Biden ahead of the November midterm elections, in which Democrats are expected to lose their already razor-thin majorities. (, 0096176817976| 1- 2- 3- , 0096176817976| 24 , 0096176817976| 2 2 2 2 2 2 2 , 0096176817976| , 0096176817976| , 0096176817976| ( , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , 0096176817976| , | 0096176817976 ( , | 0096176817976 1. L ower and middle-class residents of Boulder, Colorado, in need of more money to afford groceries can start submitting applications for a rebate program on Wednesday. Please enter valid email address to continue. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. While the budget is not yet The decision comes one week after the Labor Department reported that the consumer price index, a broad measure of the price for everyday goods, including gasoline, groceries and rents, rose 9.1% in June from a year ago. The program provides a one-time payment of $1,000 per household for residents affected by COVID-19 to help bridge financial gaps. On an annual basis, real earnings actually dropped 3.6% in June. FLORIDA is set to issue teachers and first responders $1,000 stimulus checks to thank them for their service during the pandemic. Powered and implemented byFactSet Digital Solutions. . For New Mexico residents, Gov. The different states that gave money to their residents to help cover higher costs and continuing economic difficulties didnt all give the same amount. Copyright 2023 CBS Interactive Inc. All rights reserved. Gov. Under the plan, about 85% of Americans will receive a $1,400 stimulus check. The Act includes Coronavirus State and Local Meanwhile, in the absence of federal action, at least two states are taking matters into their own hands and providing stimulus checks for some of their own residents. If you believe Although American workers have seen strong wage gains in recent months, inflation has largely eroded those: Real average hourly earnings decreased 1% in June from the previous month when accounting for higher consumer prices, according to the Labor Department. The child tax credit is becoming a lot more expanded at the hope of ending child poverty, said Adam Markowitz, vice president of Markowitz Accounting. Floridas transportation work program will be made whole again, fully funded at pre-pandemic levels. Top 10 tech deals this weekend: $99 AirPods, $20 Echo Dot, $70 HP Chromebook, LG OLED TV, more, 6 of the biggest Netflix new releases you wont want to miss next week, The worst movie Ryan Reynolds ever made is the most-watched Netflix movie in the US right now, The best Apple TV+ shows to watch right now, Chinese spy balloon spotted floating over Montana, but were going to leave it alone for now, Hunter Biden laptop story should not have been censored, former Twitter exec now admits, This might bring Donald Trump back to Twitter and Facebook sooner rather than later, Stimulus check update: Millions of people still eligible for a federal payment, The iPad is an accessory for the Mac, not a replacement, 3 ChatGPT alternatives with free AI chatbots to try, The Milky Way may be producing more stars than expected, new study claims, Facebook Reels can now last up to 90 seconds. Florida is paying for the initiative by reallocating $35.5 million that it received from President Biden's signature COVID-19 relief package, the American Rescue Plan. House passes $1.9 trillion stimulus bill (NCD). It marks the fastest pace of inflation since December 1981. The check should arrive in the next few days, it added. Another round to continue the sending out the checks was performed in June, according to the states Executive Office for Administration and Finance. Updated on: July 25, 2022 / 7:42 AM Colorado, on the other hand, is giving its residents $750 per person as a tax rebate. (Bridget Bennett/Bloomberg via Getty Images / Getty Images), Fed needs to quickly respond to hot inflation data: Strategist. Roughly 174,000 Florida first responders to receive check. News provided by The Associated Press. The move was passed thanks to a new law in May, signed by Gov. The U.S. House of Representatives gave final approval to the $1.9 trillion American Rescue Plan on Wednesday afternoon. Florida residents don't need to apply for the $450 checks, which have been mailed directly to the recipients, according to state officials. AMERICANS' INFLATION EXPECTATIONS HIT A FRESH 11-YEAR HIGH IN JUNE, NEW YORK FED SAYS, Ron DeSantis, governor of Florida, speaks during the Republican Jewish Coalition (RJC) Annual Leadership Meeting in Las Vegas, Nevada, U.S., on Saturday, Nov. 6, 2021. What are those large pyramids next to the Skyway? (Bridget Bennett/Bloomberg via Getty Images / Getty Images). TAMPA, Fla. (WFLA) While there are no plans for more federal stimulus checks, 17 states in the U.S. chose to give their residents payments to help offset Florida Governor Ron DeSantis has approved a $100 million allocation from the state's new budget for first responder stimulus payments. The authorization comes following the Governors call for the bonuses in March, with the bonuses included in the 2021-22 state budget. Please see the press release from First Lady @CaseyDeSantis roundtable on Hope Florida - A Pathway to Prosperity last week! Copyright 2023 Nexstar Media Inc. All rights reserved. First published on July 22, 2022 / 11:31 AM. One needs to be having an income that is less than the Jared Polis. Legal Statement. The maximum rebate amount is $250 for individual filers and $500 for jointly filed couples. {} . , - 0096176817976 ( , - 0096176817976 , | 0096176817976 , | 0096176817976 106 , | 0096176817976 , | 0096176817976 , 0096176817976| , 0096176817976| , | 0096176817976 , | 0096176817976 , | 0096176817976 , | 0096176817976 7 , | 0096176817976 , | 0096176817976 , | 0096176817976 , | 0096176817976 , | 0096176817976 , | 0096176817976 : , | 0096176817976 , | 0096176817976 , | 0096176817976 , | 0096176817976 , | 0096176817976 , 0096176817976| , 0096176817976| , 0096176817976| 53 . In Virginia, residents are able to receive a tax rebate thanks to a law passed by the General Assembly. Learn about careers at Cox Media Group. Read: Stimulus update: How and when will parents get $300 monthly child tax credit payment? Illinois gave residents rebates, either $50 per individual in a household or $100 per dependent for up to three children per family, in addition to a variety of tax relief efforts and expanded income tax credits. Orange County in the Sunshine State is giving its residents the chance to apply for one-time stimulus payments of $1,000, To be eligible, people must have met one of the following qualifications as of July 1, according to a statement from the Florida Department of Children and Families: The payments will be funded with$35.5 millionin Governor Ron DeSantis' budget, which the state said would have reverted to the federal government if the awards hadn't been made. "Hope Florida - A Pathway to Prosperity" is the name of the program that includes the payouts. The federal stimulus package provides $1.9 trillion in new spending in response to the COVID-19 pandemic. These one-time payments of $450 per child are part of @GovRonDeSantis new budget. Florida families: These letters are real. Thats being done by the county reopening its CARES Act application portal online, and you can head here for more details. We guide our loyal readers to some of the best products, latest trends, and most engaging stories with non-stop coverage, available across all major news platforms. An estimated 59,000 families will qualify for the money. For more information, visit the Remaining 2022 stimulus payments: Florida. California drivers face thehighest fuel costsin the U.S., with the average price for a gallon of regular gas in the state at $5.79 on Friday about 30% higher than the national average. The checks will arrive in spring 2023, according to the state. Payments will start in 2023. TAMPA, Fla. (WFLA) While there are no plans for more federal stimulus checks, 17 states in the U.S. chose to give their residents payments to help offset economic hurdles from inflation, the COVID-19 pandemic, or to cut down their states budget surplus, depending on statute. The plan, which passed the U.S. House and U.S. Senate along party lines, is the largest COVID-19 relief package to date and likely the last. That county in the state is Orange County, which as of 8:00 a.m. on Wednesday morning began offering its residents an opportunity to apply for one-time stimulus payments of $1,000. / MoneyWatch. Those payments were to start in The envelope will also contain a letter from Gov. Michelle Grisham signed House Bill 163, which provided varying amounts of income tax credits and tax deductions to families and workers. For Florida parents, there is also the expansion of the child tax credit. Notably, California is directing "inflation relief" checks of up to $1,050 to 23 million residents after its governor signed a $308 billion state budget that includes funding for the payments. The check should arrive in . A person who wants to apply for the Florida check stimulus must know about the application requirements, they are Minnesotas frontline workers were able to apply with the state to get checks of $750, but the applications closed in July. N461919. How do I apply for an inflation relief check? , , SSL- . Andy Meek is a reporter who has covered media, entertainment, and culture for over 20 years. The Governor also invests in Floridas security with a recommended $41.7 million to enhance the Florida National Guard and $1 billion for the creation of an Emergency Management Response Fund. The Governors office said the residents needed to file a 2021 tax return by Oct. 31 in order to get the payments. Over the years, hes interviewed legendary figures in entertainment and tech that range from Stan Lee to John McAfee, Peter Thiel, and Reed Hastings. Applicants must submit some documents to prove their income eligibility, such as 2020 tax filings, monthly pay stubs or bank statements, according to a fact sheet S elect families in Florida are receiving $450 one-time payments to help with rising costs due to inflation. Eligible recipients include foster parents, relative and nonrelative caregivers and families receiving funds from the Florida Temporary Assistance for Needy Families Those states include Colorado and, starting today, at least one county in Florida. Check the status of the first and second payments with this link: Get My Payment. Under Florida law, e-mail addresses are public records. Ron DeSantis. 4 things you can do for your health, The State of Black Tampa Bay: An Exclusive Town Hall, Ybor speakeasy honors Madame Fortune Taylor, Ex got a warrant? Hawaiians got between $100 and $300, depending on their filing status and income level. Florida gave families $450 per child for any household receiving welfare benefits, caring for foster children, or providing guardian services in the state. You don't need to apply: Letters have been mailed directly to eligible residents, and checks will soon follow. Biden, meanwhile, has pointed the finger at oil companies that he has said gouged consumers in order to raise their own profits. DeSantis spokeswoman Christina Pushaw tweeted that "letters are real," and included an image of the correspondence sent by the governor to families receiving the checks. Residents will be able to receive up to $700, by state estimates. We interviewed our tech expert, Jaime Vazquez, to learn more about accessible smart home devices. From that site: Orange County Government has invested an additional $30 million into the Individual and Family Assistance Program, increasing the total investment to $60 million.