Black Californians could receive up to $1.2 million in reparations payments, task force says (msn.com)

Black Californians could receive up to $1.2 million in reparations payments, task force says© Provided by KSWB-TV San Diego

To read more of Travis Schlepp's article, please click here, Black Californians could receive up to $1.2 million in reparations payments, task force says (msn.com)

(KTLA) – The State of California is one step closer to paying reparations to Black residents whose ancestry goes back to the American slave trade.

The California Reparations Task Force released estimates, as well as breakdowns of the methodology used to determine the amounts, on Monday ahead of a critical vote that will take place later this week.

The possible payments reflect the work of economists who advised the task force and who were asked to estimate the total financial losses suffered by Black Californians impacted by slavery and institutional racism.

As outlined by the San Francisco Chronicle, an eligible resident who lived in California their whole life and was 71 or older could, in theory, receive as much as $1.2 million.

If approved, the task force would urge that the money begin to be disbursed in the form of “down payments,” according to CalMatters.