AN ACT ESTABLISHING A REFUNDABLE CHILD TAX CREDIT.

This bill establishes a refundable child tax credit for families with up to three children, starting at $150 per child in 2026 and increasing to $600 per child by 2028. It phases out for higher-income households: single filers over $100,000, heads of household over $160,000, and married couples filing jointly over $200,000 (reducing by 5% for every $1,000 over these thresholds). The credit is refundable, meaning eligible families receive it even if they owe no income tax. It directly affects low-to-moderate income families with children under age 18.