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Bill > S1619


MA S1619

Improving the earned income tax credit for working families


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to improve the earned income tax credit for working families. Revenue.

AI Summary

This bill aims to improve the Earned Income Tax Credit (EITC) for working families. The key provisions are: 1) Increasing the EITC rate from 23% to 50% of the federal EITC, 2) Requiring the Commissioner of Revenue to establish an outreach program to inform taxpayers about the EITC, its requirements, and the option to receive the benefit throughout the year in each paycheck, and 3) Making the increase in the EITC rate effective for tax years beginning on or after January 1, 2020.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied H2434 (on 02/27/2020)

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