Enrolled
February 13, 2018
|
Passed
IN
Senate
February 12, 2018
|
Amended
IN
Senate
February 05, 2018
|
|
CALIFORNIA LEGISLATURE—
2017–2018 REGULAR SESSION
Senate Resolution
No. 80
Introduced by Senators Atkins, Bates, Fuller, Galgiani, Jackson, Leyva, Nguyen, and Skinner
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February 01, 2018 |
Relative to Earned Income Tax Credit Awareness Week
LEGISLATIVE COUNSEL'S DIGEST
SR 80, Atkins.
Digest Key
WHEREAS, The annual California Earned Income Tax Credit Awareness Week is from Sunday, February 11 to Saturday, February 17, 2018, inclusive. The earned income tax credit (EITC) is an effective tool used to lift families and children out of poverty. In 2016, California took a momentous step forward on behalf of the working poor by joining 26 states and the District of Columbia by establishing the state’s earned income tax credit (CalEITC); and
WHEREAS, With hundreds of millions of dollars allocated for working Californians, qualifying families will receive the CalEITC refund, providing more in their pockets to support basic needs. In its first year, CalEITC boosted the income of nearly 400,000 Californians through nearly $200 million in refunds. In California alone, an estimated $2 billion of state and federal EITC has not been used. This significant resource will help the working poor bring economic security to their lives by supporting costs, including, but not limited to, food, housing, health care, education, and transportation; and
WHEREAS, In addition to providing economic security, CalEITC can have a positive impact on the overall wellness of California families, especially children. Tax credits are associated with better overall outcomes of a child’s health and education. Children whose families receive a boost in income from EITC perform better in school, making them more likely to finish high school, pursue higher education, and have higher earnings as adults; now, therefore, be it
Resolved by the Senate of the State of California, That in recognition of the importance of the CalEITC, February 11 to February 17, 2018, inclusive, is declared California’s Earned Income Tax Credit Awareness Week to encourage all Californians to spread the word about this important resource to those who need it most; and be it further
Resolved, That the Secretary of the Senate transmit copies of this resolution to the author for appropriate distribution.