Bill > S1798

This bill aims to reduce poverty by expanding the Earned Income Tax Credit (EITC) and the child and family tax credit. Key provisions include: 1. Increasing the percentage of the federal EITC that can be claimed on state tax returns from 30% to 50%, and providing an additional 5% credit for each qualifying child above 3 children. 2. Allowing taxpayers to claim the state EITC using either a Social Security number or an Individual Taxpayer Identification Number (ITIN), as long as they would otherwise be eligible. 3. Increasing the state's child and family tax credit from $600 per eligible dependent or qualifying individual to $600 for each eligible dependent or qualifying individual, with an additional $600 credit for households without such members. 4. Requiring the state to take various measures to ensure the widest possible dissemination of information about state and federal tax credits aimed at reducing poverty, including through multilingual outreach and coordination with other state assistance programs.

Budget and Finance

https://malegislature.gov/Bills/193/S1798