The state of Michigan will send out checks to eligible residents worth an average of $550 as part of an expansion to the working families tax credit in two weeks.

The Michigan Department of Treasury says that roughly 700,000 households will get a payment from the expanded credit when the distribution begins on Feb. 13. The state says the payments will go out on a rolling basis over a five- to six-week period once distribution begins.

No additional paperwork is required to receive the payment, with the Michigan Department of Treasury saying that eligible residents will automatically get the check sent to them.

The checks being sent to residents beginning in two weeks will be equal to the difference between the 6% working families tax credit from a resident’s 2022 tax refunds and the 30% that the credit is worth under the new law raising the credit, which was signed last year.

Those who get the tax credit will get an average of a $3,150 tax refund for tax year 2022 based on the combined value. The state says the increased 30% rate for the working families tax credit will already be included on tax refunds going out for tax year 2023.

“By quintupling the working families tax credit, we’re putting an average of $550 back in the pockets of 700,000 Michigan families ahead of schedule,” Gov. Gretchen Whitmer (D-MI) said in a statement about the expanded tax credit last month.

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“This directly benefits half the children in Michigan, and moms and dads can use this extra money at tax time to pay the bills, put food on the table, and buy school supplies,” she added.

More information about the expanded tax credit from the state is available on its website.