Bill > HRes88

This resolution supports designating January 31, 2025, as "Earned Income Tax Credit Awareness Day" to highlight the importance of the Earned Income Tax Credit (EITC), a refundable federal tax credit designed to benefit low and moderate-income working families and individuals. The resolution emphasizes the EITC's significant impact, noting that it has lifted approximately 8 million people out of poverty annually from 2017 to 2021 and provides substantial economic benefits to local economies. Recognizing that an estimated 20 percent of eligible workers do not claim the EITC, the resolution calls on federal, state, and local agencies, community organizations, nonprofits, employers, and other partners to help increase awareness about tax credits. Specifically, it aims to ensure that eligible workers understand and can access the EITC, other refundable tax credits, and free tax filing assistance, ultimately helping more low-income workers maximize their potential tax benefits and financial resources.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-resolution/88/all-info