Bill > SCR14

This concurrent resolution proclaims January 31, 2025, through February 7, 2025, as CalEITC Awareness Week, highlighting the importance of the California Earned Income Tax Credit (CalEITC), a refundable tax credit designed to help low-income families. The resolution emphasizes that nearly 3.5 million California tax filers claimed the CalEITC benefit in 2022, with eligible filers potentially receiving up to $3,529 in credits. It provides context about California's increasing poverty rates, which disproportionately affect Latinx, Black, and multiracial residents, and notes that over one-third of Californians struggle to meet basic needs. The resolution also underscores the significance of making tax credits accessible to Individual Taxpayer Identification Number (ITIN) holders and supporting Volunteer Income Tax Assistance sites that offer free, culturally responsive tax preparation services. By designating this awareness week, the resolution aims to encourage eligible households to claim their tax credits, which can help reduce poverty, improve child and maternal health, and stimulate local economic growth, ultimately returning over $1.3 billion annually to households.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SCR14