Assemblymember Ahrens Introduces Bill to Establish a Minimum $300 Credit for the California Earned Income Tax Credit (CalEITC)
SACRAMENTO, CA – Assemblymember Patrick Ahrens (D-Silicon Valley) introduced AB 398, which would establish a $300 minimum tax credit benefit for tax filers eligible for the California Earned Income Tax Credit (CalEITC). Right now, the CalEITC ranges from $1 to $3,644.
The CalEITC is a refundable tax credit that benefits Californians earning less than $31,950 a year. Currently, most eligible tax...