Relating to: increasing the earned income tax credit for families with fewer than three children. (FE)

SB 1015 increases the state's earned income tax credit for low-income working families with fewer than three children. It raises the state credit to 34% of the federal basic earned income credit for families with children (effective 2026), and sets it at 15% for individuals without qualifying children. This directly affects eligible taxpayers who qualify for the federal earned income credit but have limited income. The bill amends tax statutes to replace the previous credit rate (applicable through 2025) with these new percentages for future tax years.