CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Concurrent Resolution No. 132Introduced by Assembly Member SantiagoJanuary 22, 2024 Relative to CalEITC Awareness Week. LEGISLATIVE COUNSEL'S DIGESTACR 132, as introduced, Santiago. CalEITC Awareness Week.This measure would proclaim the week of January 26, 2024, through February 2, 2024, as CalEITC Awareness Week.Digest Key Fiscal Committee: NO Bill TextWHEREAS, The California Earned Income Tax Credit (CalEITC), a refundable tax credit, was enacted in 2015 and, along with the federal Earned Income Tax Credit (EITC), is one of the most effective tools we have to fight poverty for Californians; andWHEREAS, Over one in three Californians struggle to meet basic needs, according to United Ways of Californias Real Cost Measure report. The report calculates the Real Cost Measure, which factors the costs of housing, food, health care, child care, and other basic needs for a measure of what it takes to make ends meet in California that is more accurate than the official poverty measure. An estimated 3,700,000 households in California have an income that falls below the Real Cost Measure, and 97 percent of those households have at least one working adult. The CalEITC could help families improve their financial stability now and into the future; andWHEREAS, Individual Taxpayer Identification Number (ITIN) holders are ineligible for the majority of federal tax benefits, but California has made the groundbreaking decision to open benefits like the CalEITC and Young Child Tax Credit to ITIN holders. This is especially important as fifty-seven percent of households led by someone without United States citizenship live below the Real Cost Measure; andWHEREAS, Fifty-four percent of households in California with children under six years of age fall below the Real Cost Measure and the Young Child Tax Credit is available to all CalEITC-eligible families with children under six years of age; andWHEREAS, Research shows that the EITC can improve child and maternal health and spur local economic growth. Children in families that receive the EITC perform better in both the short and the long term; now, therefore, be itResolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature proclaims January 26, 2024, through February 2, 2024, as CalEITC Awareness Week; and be it furtherResolved, That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution.
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Concurrent Resolution No. 132Introduced by Assembly Member SantiagoJanuary 22, 2024 Relative to CalEITC Awareness Week. LEGISLATIVE COUNSEL'S DIGESTACR 132, as introduced, Santiago. CalEITC Awareness Week.This measure would proclaim the week of January 26, 2024, through February 2, 2024, as CalEITC Awareness Week.Digest Key Fiscal Committee: NO
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
Assembly Concurrent Resolution
No. 132
Introduced by Assembly Member SantiagoJanuary 22, 2024
Introduced by Assembly Member Santiago
January 22, 2024
Relative to CalEITC Awareness Week.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
ACR 132, as introduced, Santiago. CalEITC Awareness Week.
This measure would proclaim the week of January 26, 2024, through February 2, 2024, as CalEITC Awareness Week.
This measure would proclaim the week of January 26, 2024, through February 2, 2024, as CalEITC Awareness Week.
## Digest Key
## Bill Text
WHEREAS, The California Earned Income Tax Credit (CalEITC), a refundable tax credit, was enacted in 2015 and, along with the federal Earned Income Tax Credit (EITC), is one of the most effective tools we have to fight poverty for Californians; and
WHEREAS, Over one in three Californians struggle to meet basic needs, according to United Ways of Californias Real Cost Measure report. The report calculates the Real Cost Measure, which factors the costs of housing, food, health care, child care, and other basic needs for a measure of what it takes to make ends meet in California that is more accurate than the official poverty measure. An estimated 3,700,000 households in California have an income that falls below the Real Cost Measure, and 97 percent of those households have at least one working adult. The CalEITC could help families improve their financial stability now and into the future; and
WHEREAS, Individual Taxpayer Identification Number (ITIN) holders are ineligible for the majority of federal tax benefits, but California has made the groundbreaking decision to open benefits like the CalEITC and Young Child Tax Credit to ITIN holders. This is especially important as fifty-seven percent of households led by someone without United States citizenship live below the Real Cost Measure; and
WHEREAS, Fifty-four percent of households in California with children under six years of age fall below the Real Cost Measure and the Young Child Tax Credit is available to all CalEITC-eligible families with children under six years of age; and
WHEREAS, Research shows that the EITC can improve child and maternal health and spur local economic growth. Children in families that receive the EITC perform better in both the short and the long term; now, therefore, be it
Resolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature proclaims January 26, 2024, through February 2, 2024, as CalEITC Awareness Week; and be it further
Resolved, That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution.