Income tax, state; eligible low-income taxpayers to claim a refundable tax credit.

What it does

The legislature's own summary of the bill, or its official long title.

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 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.

Every action

8 steps, oldest first, as the legislature records them.

1. Jan 9, 2024House of DelegatesPrefiled and ordered printed; offered 01/10/24 24100960D
2. Jan 9, 2024CommitteeReferred to Committee on Finance · House of Delegates Finance
3. Jan 29, 2024House of DelegatesImpact statement from TAX (HB621)
4. Feb 2, 2024CommitteeAssigned Finance sub: Subcommittee #3 · House of Delegates Finance: Subcommittee 3
5. Feb 5, 2024House of DelegatesHouse subcommittee amendments and substitutes offered
6. Feb 5, 2024CommitteeSubcommittee recommends continuing to 2025 with amendment(s) (7-Y 0-N) · House of Delegates Finance: Subcommittee 3
7. Feb 7, 2024CommitteeContinued to 2025 with amendment(s) in Finance (Voice Vote) · House of Delegates Finance
8. Nov 18, 2024CommitteeLeft in Finance · House of Delegates Finance

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Marcia S. "Cia" PriceD Primary sponsor · District 85