Connect with us

Hi, what are you looking for?

California News

Assembly Member Santiago Push to Extend Child Tax Credit in California

Assembly Member Santiago & Community Leaders Announce Legislation to Put up to $1,083 in the Pocket of 700,000 more Families Each Year
(Los Angeles, CA) – Assembly Member Miguel Santiago (D-Los Angeles) hosted a press conference this morning where he and community leaders unveiled AB 1128. This bill is sponsored by the California Earned Income Tax Credit (CalEITC) Coalition, to expand the poverty-fighting and equity-building Young Child Tax Credit (YCTC) to all CalEITC-eligible households with dependents. AB 1128 would provide 700,000 additional working families with up to $1,083 each year. (Photo via https://a54.asmdc.org/)

Assembly Member Miguel Santiago (D-Los Angeles) push to extend child tax credit in California. He and local officials held a press conference to introduce AB 1128. The California Earned Income Tax Credit (CalEITC) Coalition is the sponsor of this bill, which would extend the equity- and poverty-fighting Young Child Tax Credit (YCTC) to all CalEITC-eligible households with dependents. AB 1128 would give up to $1,083 annually to 700,000 more working households.

 

Assembly Member Miguel Santiago (D-Los Angeles) push to extend child tax credit in California. He and local officials held a press conference to introduce AB 1128. The California Earned Income Tax Credit (CalEITC) Coalition is the sponsor of this bill, which would extend the equity- and poverty-fighting Young Child Tax Credit (YCTC) to all CalEITC-eligible households with dependents. AB 1128 would give up to $1,083 annually to 700,000 more working households. (Photo via Getty Images)

 

California offers families with children under the age of six a child tax credit, but Assembly member Miguel Santiago claimed that poverty doesn’t cease when a child turns six.

The federal government provided tax aid to American families with low incomes during the pandemic. For them, it meant having money in their pockets, but that changed in 2021.

 

Read More: 2023 Tax Season: IRS Data Shows Decreasing Tax Refund

To Fulfill The Promise Of A 10% Tax Cut For The Middle Class – Governor Tony Evers

 

The risk that we are facing here in the state of California is that we might see 1.7 million children slide back into poverty, said Santiago, and AB 1128 is the largest anti-poverty program.

He asserted that California must continue providing aid if the federal government won’t.

 

California bill would use $97 billion surplus to expand child tax credit for the state's lowest-income families

A California assemblyman thinks the state’s massive state budget surplus could be put to work helping the state’s low-income families. (Photo via https://www.cbsnews.com/)

 

Many families with older children who are CalEITC-qualified are no longer eligible for the Young Child Tax Credit. This is especially troubling considering the recent failure of Congress to renew the much-needed amendments to the federal Earned Income Tax Credit and Child Tax Credit, which had a significant impact on reducing child poverty during the COVID-19 pandemic. In order to prevent a sizable number of families from slipping back into poverty as these and other pandemic-era relief programs come to an end, campaigners believe California needs to boost up its assistance for working families with children.

 

Many families with older children who are CalEITC-qualified are no longer eligible for the Young Child Tax Credit. This is especially troubling considering the recent failure of Congress to renew the much-needed amendments to the federal Earned Income Tax Credit and Child Tax Credit, which had a significant impact on reducing child poverty during the COVID-19 pandemic. In order to prevent a sizable number of families from slipping back into poverty as these and other pandemic-era relief programs come to an end, campaigners believe California needs to boost up its assistance for working families with children. (Photo via https://glumac.com/)

 

The plan would grant $1,083 to families, regardless of immigration status, that make less than $30,000 annually and have children under the age of 18, students between the ages of 19 and 23 who are in school, or any child—of any age—with a permanent and total disability.

“On less than $30,000 per year, these are hardworking families struggling to make ends meet. Mónica Lazo, Policy Manager, Golden State Opportunity, stated, “California can and must step up to support all children, regardless of age or household income.” We realize that the expenses of bringing up a kid don’t stop at six years of age, so our help shouldn’t stop by the same token.”

 

Read More: 2023 Tax Season: How Much Time Should Pass Before Submitting A Tax Return?

Child Tax Credit 2023: Will 10 States Finally Give Parents Some Money?

 

Santiago stated, “We’re looking at approximately close to $700 million per year, but for a very important program.” Look, if California can afford to provide this child tax credit to those earning less than $30,000 per year who are on the verge of poverty, as it has done in the past, we can also afford to provide middle class refunds to those earning less than half a million dollars per year.

 

Read More: Inflation Aid: Tax Refund Provider Raises Advance Loan Limit This Tax Season 2023

Stimulus Update: Don’t Ignore This $8,000 Child Tax Credit Aid

 

Last session, Assembly member Santiago submitted a plan that would extend child tax credit. It was defeated.

The Republican Assembly Caucus in California stated that they must examine the legislation more thoroughly before making any statements.

 

 

Copyright © 2022 Pro Claimers. Theme by MVP Themes, powered by The Santa Clarita Valley.