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SB 270 IN

Earned income tax credit.

IN · session 2023 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 11, 2023

Latest action (Jan 11, 2023) First reading: referred to Committee on Appropriations

Summary

Recouples the state earned income tax credit qualifications with the federal earned income tax credit qualifications under the Internal Revenue Code as currently applied and increases the credit amount from 10% to 12% of the federal earned income tax credit for which an individual is eligible to receive in the taxable year.

Sponsor (1)

Action history (2)

  1. Jan 11, 2023 Authored by Senator Alting · upper
  2. Jan 11, 2023 First reading: referred to Committee on Appropriations · upper
Subjects
INCOME TAXES, Credits

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced Senate Bill (S) · Jan 11, 2023 · PDF

Full text

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