7

Aug 17

News Round-Up: August 7, 2017

U.S. Representatives Kevin Yoder (R-KS) and Stephanie Murphy (D-FL) have proposed bipartisan legislation, the Promoting Affordable Childcare for Everyone Act, which would make the Child and Dependent Care Tax Credit refundable and index the credit to inflation to reflect the rising cost of child care over time.
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31

Jul 17

News Round-Up: July 31, 2017

A Boston-based nonprofit, StreetCred, emphasizes the connection between health and financial security by raising awareness about the Earned Income Tax Credit (EITC) and helping low-income workers prepare their taxes and claim the EITC while at the doctor’s office.
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24

Jul 17

News Round-Up: July 24, 2017

The House Budget Committee released its budget proposal for fiscal year 2018, which would bar many taxpayers from receiving the Earned Income and Child Tax credits by requiring a work-authorized Social Security Number for eligibility. (Business Wire; The Hill)
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17

Jul 17

News Round-up: July 17, 2017

House Democrats in the Kentucky legislature have pre-filed a tax reform bill, BR 15, which would establish a state-level Earned Income Tax Credit (EITC).
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10

Jul 17

News Round-up: July 10, 2017

Later today, Hawaii Governor David Ige (D) is expected to sign into law a bill that establishes a nonrefundable state-level Earned Income Tax Credit (EITC) worth 20 percent of the federal credit.
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3

Jul 17

News Round-up: July 3, 2017

Senator Marco Rubio (R-Fla.) and other lawmakers met with Ivanka Trump to discuss expanding the Child Tax Credit (CTC) as part of upcoming tax reform. An administration official has since indicated that the credit will be part of a proposal that the White House's National Economic Council puts forward.
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26

Jun 17

News Round-up: June 26, 2017

Sen. Sherrod Brown (D-OH) reintroduced his bill from the last Senate session to expand the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). His bill would increase the EITC for workers not currently raising children, create a separate child tax credit for families raising young children and index the CTC to inflation. Forty-five Democratic senators have signed onto the bill as co-sponsors.
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19

Jun 17

News Round-up: June 19, 2017

The Annie E. Casey Foundation released its annual KIDS COUNT Data Book, which highlights the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) as critical policies to reduce child poverty and ensure better educational and health outcomes. The KIDS COUNT Data Book ranks states on overall child-wellbeing and proposes policy solutions that would make the U.S. a better place for kids to grow up.
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12

Jun 17

News Round-up: June 12, 2017

California is one step closer to expanding its state-level Earned Income Tax Credit (EITC). The bill, which was incorporated into the proposed state budget, would increase the credit's income cap from less than $15,000 per year to $22,300 per year, a change that would allow thousands more California families to become eligible for the credit. Lawmakers must vote on the budget before the legislative session ends June 15.
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5

Jun 17

News Round-up: June 5, 2017

After South Carolina passed a bill to create a state-level Earned Income Tax Credit (EITC), the editorial board of North Carolina's Charlotte Observer urged that state's legislature to follow suit and reinstate the credit it eliminated in 2014. The editors wrote that the legislature should learn from South Carolina's bipartisan campaign earlier this year that resulted in an EITC worth 125 percent of the federal credit.
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22

May 17

News Round-up: May 22, 2017

President Trump's budget proposal, which is set to be announced Tuesday, would reportedly cut spending on the Earned Income Tax Credit (EITC) and Child Tax Credit by $40 million. These tax credits, which have broad bipartisan support, help millions of families climb out of poverty each year.
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16

May 17

News Round-up: May 16, 2017

Last week, Montana and South Carolina enacted bills to create state-level Earned Income Tax Credits (EITCs) on top of the federal credit.
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8

May 17

News Round-up: May 8, 2017

Last year, Oklahoma’s legislature voted to make its Earned Income Tax Credit (EITC) nonrefundable. Now, lawmakers are considering a bill to make 50% of the credit refundable.
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1

May 17

News Round-up: May 1, 2017

Last week, two state legislatures approved bills to create new state-level Earned Income Tax Credits (EITCs).
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24

Apr 17

News Round-up: April 24, 2017

David Harris, president of the Children’s Research and Education Institute, and H. Luke Shaefer, director of Poverty Solutions at the University of Michigan, urged lawmakers and advocates to support changing the Child Tax Credit (CTC) to a universal credit, which would give $1,000 per child to every American family, regardless of their income.
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