summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th 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 include:
1. Increasing the EITC rate from 23% to 50% of the federal EITC, starting from the 2018 tax year.
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. The Commissioner will partner with various organizations, such as utility companies, labor unions, chambers of commerce, municipalities, community-based organizations, and taxpayer advocates, to improve the reach of this outreach program.
3. The changes made in Section 1 (increasing the EITC rate) will take effect starting from the 2018 tax year.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a new draft, see H3852 (on 08/03/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/S1502 |
| Bill | https://malegislature.gov/Bills/190/S1502.pdf |
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