Amended IN Senate February 05, 2018 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Resolution No. 80Introduced by Senators Atkins, Bates, Fuller, Galgiani, Jackson, Leyva, Nguyen, and SkinnerFebruary 01, 2018Relative to Earned Income Tax Credit Awareness Week. LEGISLATIVE COUNSEL'S DIGESTSR 80, as amended, Atkins. Digest KeyBill TextWHEREAS, The annual California Earned Income Tax Credit Awareness Week is from Monday, February 12 to Friday, February 16, 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 states earned income tax credit (CalEITC); andWHEREAS, 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; andWHEREAS, 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 childs 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 itResolved by the Senate of the State of California, That in recognition of the importance of the CalEITC, February 12 to February 16, February 11 to February 17, 2018, inclusive, is declared Californias 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 furtherResolved, That the Secretary of the Senate transmit copies of this resolution to the author for appropriate distribution.
Amended IN Senate February 05, 2018 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Resolution No. 80Introduced by Senators Atkins, Bates, Fuller, Galgiani, Jackson, Leyva, Nguyen, and SkinnerFebruary 01, 2018Relative to Earned Income Tax Credit Awareness Week. LEGISLATIVE COUNSEL'S DIGESTSR 80, as amended, Atkins. Digest Key
Amended IN Senate February 05, 2018
Amended IN Senate February 05, 2018
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Senate Resolution No. 80
Introduced by Senators Atkins, Bates, Fuller, Galgiani, Jackson, Leyva, Nguyen, and SkinnerFebruary 01, 2018
Introduced by Senators Atkins, Bates, Fuller, Galgiani, Jackson, Leyva, Nguyen, and Skinner
February 01, 2018
Relative to Earned Income Tax Credit Awareness Week.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SR 80, as amended, Atkins.
## Digest Key
## Bill Text
WHEREAS, The annual California Earned Income Tax Credit Awareness Week is from Monday, February 12 to Friday, February 16, 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 states 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 childs 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 12 to February 16, February 11 to February 17, 2018, inclusive, is declared Californias 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.