HB1717
Earned income tax credit.
Summary
As Introduced. Earned income tax credit.
Allows eligible low-income taxpayers to claim a refundable income tax credit equal to 20 percent of the federal earned income tax credit claimed that year by the taxpayer for the same taxable year. The bill also states that individuals who would have been entitled to the federal equivalent of this ... (More) credit but for the fact that the individual, the individual's spouse, or one or more of the individual's children does not have a valid social security number are eligible to claim this credit. Under current law, taxpayers may choose to claim either a nonrefundable tax credit equal to 20 percent of the federal earned income tax credit claimed that year or a refundable tax credit equal to 15 percent of the federal earned income tax credit claimed that year. (Less)-
Bill History
- 01/04/2025 - House: Prefiled and ordered printed; Offered 01-13-2025 25101989D
- 01/04/2025 - House: Referred to Committee on Finance
- 01/19/2025 - House: Impact statement from TAX (HB1717)
- 01/24/2025 - House: Assigned Finance sub: Subcommittee #3
- 01/25/2025 - House: Placed on Finance Agenda
- 01/27/2025 - House: Subcommittee recommends reporting with substitute and referring to Appropriations (5-Y 3-N)
- 01/28/2025 - House: Placed on Finance Agenda
- 01/29/2025 - House: Reported from Finance with substitute and referred to Appropriations (12-Y 10-N)
- 01/29/2025 - House: Committee substitute printed 25105847D-H1
- 01/29/2025 - House: Referred to Committee on Appropriations
- 02/04/2025 - House: Left in Appropriations
