(The Center Square) -Millions of New Yorkers will get "inflation reduction" checks this fall from the state as part of Gov. "Starting today, we’re sending inflation refund checks to over 8 million New Yorkers because it's simple — this is your money and we're putting it back in your pockets,” Hochul said. Hochul said funding for the plan comes from excess sales tax collections, which she said have exceeded historical averages. New Yorkers who recently filed tax returns will be eligible for the payment, the Hochul administration said. Hochul, a Democrat seeking reelection next year, pitched the inflation reduction rebates in January in her "state of the state" speech to lawmakers.