Raise the state’s earned income tax credit (EITC) match from 30% to 40% of the federal credit; broadens eligibility to include young adults, seniors, and individuals without Social Security numbers; requires prepayment of the earned income credit to qualifying employees; companion to S.5573A.
State Name
New York
Bill #
A.5577A
Status
Adjourned; Not Enacted
Category
6. Oversight and Transparency
Subcategory
Other
Status Text
Introduced or Prefiled
Year Proposed
2025
State Taxonomy
Bill Page
https://nyassembly.gov/leg/?bn=A5577&term=2023