Here are some highlights from the past week’s news and upcoming events on family tax credit issues.
- 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. (Maui Now)
- Illinois nearly doubled its state-level EITC, from 10 percent of the federal credit to 18 percent by 2018, as part of a long-awaited budget deal. (TCWF, Chicago Tribune)
- S. Representative Patrick McHenry (R-NC) proposed a bill, The “No Free Rides Act,” that would bar taxpayers receiving work authorizations under certain deferred action programs from receiving the EITC. (The Citizen-Times)
- Alan Berube, Senior Fellow at the Brookings Institution and Deputy Director of the Metropolitan Policy Program, explained how providing an option for eligible workers to receive the EITC periodically throughout the year could help keep low-wage Americans from falling behind. (Brookings Institution)
- An upcoming Columbia University study on the link between poverty and brain development in children could have major implications for “income-enhancement policies” like the EITC and Child Tax Credit. (Mother Jones)
- Jeffrey Sachs, a university professor and director of the Center for Sustainable Development at Columbia University, wrote that expanding the federal EITC is part of the solution to America’s “jobs problem.” (CNN)