H04102016 Regular Session
Adds to existing law to provide an income tax credit based on a percent of the federal earned income tax credit claimed on an individual's federal tax return.
EARNED INCOME TAX CREDIT - Adds to existing law to provide an income tax credit based on a percent of the federal earned income tax credit claimed on an individual's federal tax return.
IntroducedIn CommitteeFloor VoteEnacted
STATEMENT OF PURPOSE
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In Idaho, hard-working families pay more than their fair share. This legislation provides relief to those who need it most – Idaho's middle class. The Working Families Tax Credit provides tax relief to those families in the form of an earned income Idaho tax credit.
LATEST ACTION
Reported Printed and Referred to Ways & Means
BILL INFO
- Session
- 2016
- Chamber
- house
- Status date
- Jan 29, 2016