News Round Up: January 22, 2019
Here are some highlights from the past week’s news and upcoming events on family tax credit issues:
Top Story: On February 7, join TCWF and Prosperity Now on Capitol Hill to discuss what’s ahead for the Earned Income Tax Credit (EITC) in 2019 – from the challenges posed by IRS budget cuts, to opportunities for Congress to expand the credit for workers without dependent children. Register here.
Across the country, lawmakers are taking action to enact new state-level tax credits for working families and improve existing credits:
- Connecticut State Representative Anne Hughes (D-Easton) introduced legislation to increase the state’s EITC by an unspecified amount. (Connecticut General Assembly)
- Maine Senator Eloise Vitelli (D-Arrowsic) introduced legislation to expand the state’s EITC from 5 to 15 percent of the federal credit. (Maine Legislature)
- New Mexico State Senator Gerald Ortiz y Pino (D-Albuquerque) introduced legislation to double the state’s EITC from 10 to 20 percent of the federal credit. (New Mexico Legislature)
- New York State Assembly member Harry Bronson (D-Rochester) introduced legislation to lower the state EITC’s minimum age requirement for workers without dependent children to 17.. (New York State Assembly)
- West Virginia State Delegate Isaac Sponaugle (D-Pendleton) introduced legislation to enact a refundable state-level EITC worth 50 percent of the federal credit. (West Virginia Legislature)