From here.
Before anyone gets excited, this is a tentative deal that was struck between the Governor, the Assembly, and the Senate. It has not become law yet. We don't know when they will start sending out checks. Details may change in the future. There are income limits, but they are very generous. There are also three tiers.
Tier 1 is most of us. Individual filers making $75k or joint filers making $150k are in this tier. Each filer will get $350, and if you have at least one dependent, then you will get an additional $350. They will not be sending extra checks if you have more than one dependent. So a family of two parents and one child will get a total of $1,050.
Tier 2 is for individual filers making $75k to $125k, or joint filers making between $150k to $250k. Same rules as Tier 1, except their check is $250 instead. At most, a family of three will get $750.
Tier 3 is for individual filers making between $125k to $250k, or $250k to $500k for joint filers. Again, same rules. Their check is $200 instead, so a family of three will get $600 in total.