SB 67: Income Taxes; income tax credit equal to 20 percent of the federal earned income tax credit; provide
Topics
✓ Budget & TaxesSupports Budget & TaxesProvides 20% state tax credit matching federal EITC, offering tax relief to low-income earners, aligning with support indicators for middle/lower income tax relief.
✓ Labor & EmploymentSupports Labor & EmploymentCreates 20% state tax credit matching federal EITC, directly increasing financial support for low-income working individuals and families.
Sponsors
RaShaun Kemp
(D)
,
Kenya Wicks
(D)
,
Nabilah Parkes
(D)
,
Sonya Halpern
(D)
,
Kim Jackson
(D)
+13 more