News Round Up: June 3, 2019
Here are some highlights from the past week’s news and upcoming events on family tax credit issues:
Top Story: The Illinois State Legislature passed legislation to increase the state’s property-tax credit and enact a new Child Tax Credit (CTC) worth up to $100 per child. The legislation now heads to Governor J.B. Pritzker (D) for signature. (The News-Gazette)
- The Maine Legislature’s Taxation Committee gave near-unanimous approval to a plan to expand and modernize the state’s Earned Income Tax Credit (EITC). (Maine Center for Economic Policy)
- Gilda Jacobs, president and CEO of the Michigan League for Public Policy, urged state lawmakers to support Governor Gretchen Whitmer’s (D) budget proposal, which includes an expansion of the state EITC from 6 to 12 percent of the federal credit. (Crain’s Detroit Business)
- The Louisiana State House of Representatives passed legislation requiring EITC recipients to prove U.S. residency for their dependents for at least six months of the tax year. The bill now heads to the Senate for consideration. (Louisiana State Legislature)
- Yixuan Huang, research associate at the Center on Budget and Policy Priorities (CBPP), examined how a proposal to expand the federal EITC and CTC would boost the economic well-being of millions of Asian American and Pacific Islander American households. (CBPP)
- CBPP also examined how the Trump Administration’s proposed “public charge” rule, which would penalize immigrants seeking permanent U.S. residency if they have received the EITC and a wide range of other public benefits, would “change the character of the country to one that only welcomes those who already have substantial wealth and income.” (CBPP)
- We blogged about a new proposal to create a Universal EITC worth up to $10,000 for all working Americans. (TCWF)