2012 Regular Session


File Code: Taxes - Income Crossfiled with: HOUSE BILL 331
Sponsored By:
Senators Madaleno, Currie, McFadden, and Raskin
Income Tax - Refundable Earned Income Credit


Increasing from 25% to 30% the percentage of the earned income credit allowable for the taxable year under � 32 of the Internal Revenue Code that determines the amount an individual may claim as an income tax refund under specified circumstances; applying the Act to taxable years beginning after December 31, 2011; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
First Reading Senate Rules
Re-referred Budget and Taxation
Hearing 3/7 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Richard S. Madaleno, Jr., District 18
Senator Ulysses Currie, District 25
Senator Nathaniel J. McFadden, District 45
Senator Jamie Raskin, District 20

Bill indexed under the following Subjects:

Income Tax
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - General
( 10-704 , 10-704 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered