Bill

Bill > AB5


WI AB5

Creating a pilot and permanent program for making periodic payments to eligible recipients of the earned income tax credit and making an appropriation. (FE)


summary

Introduced
01/26/2018
In Committee
02/16/2018
Crossed Over
02/15/2018
Passed
03/08/2018
Dead
Signed/Enacted/Adopted
04/11/2018

Introduced Session

January 2018 Special Session

Bill Summary

An Act to create 20.835 (2) (ff) and 73.03 (73) of the statutes; Relating to: creating a pilot and permanent program for making periodic payments to eligible recipients of the earned income tax credit and making an appropriation. (FE)

AI Summary

This bill creates a 2-year pilot program and a permanent program to make periodic payments to eligible recipients of the federal Earned Income Tax Credit (EITC). The pilot program will randomly select 100 Wisconsin residents who are likely to qualify for the EITC, and the Internal Revenue Service (IRS) will forward the estimated credit amounts to the state Department of Revenue, which will then distribute the funds to the recipients in monthly installments. The bill also establishes a second test group that will receive the EITC after filing their tax returns, for comparison. If the IRS and the Department of Revenue can reach an agreement, the pilot program will become permanent and apply to all eligible EITC claimants in Wisconsin.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (32)

Other Sponsors (1)

Assembly Organization (A)

Last Action

Published 4-11-2018 (on 04/11/2018)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...