Californians could see new stimulus checks, renter assistance under this proposal. Here's who would qualify - CNBC

Gavin Newsom unveiled a proposal to send new stimulus checks and renter assistance to residents on Monday.

The $100 billion comeback plan announced by Newsom, a Democrat, calls for a total of about $12 billion in direct payments to residents and around $5 billion in renter assistance.

The plan also includes $2 billion to help state residents pay overdue water and utility bills.

The new payments would apply to residents with adjusted gross incomes of $30,000 to $75,000, according to California Department of Finance Deputy Director H.D.

The $12 billion total for the direct checks includes the previous payments already on their way to Californians.

The plan also touts "the largest renter assistance package of any state in America," according to Newsom's office, totaling $5.2 billion?