Plain English Breakdown
The official source material does not provide specific details on how many people will be affected by this change, nor does it mention low- and moderate-income workers directly.
Act to End Earned Income Tax Credit
This act removes the earned income tax credit from state laws.
What This Bill Does
- Removes section 12-704e from the state's laws.
Terms To Know
- Earned Income Tax Credit
- A government program that gives money back to people who earn low or moderate incomes, helping them keep more of what they earn.
Limits and Unknowns
- The bill does not specify when the change will take effect.
- It is unclear how many people will be affected by this change.