2019 Regular Session
|At the request of:|
|Bill Title:||Relating to earned income tax credits; prescribing an effective date.|
Increases percentage of federal earned income credit allowable as credit against Oregon personal income tax.
Provides additional percentage tier based upon age of youngest dependent of taxpayer. Allows otherwise qualified individual to claim credit under individual taxpayer identification number in lieu of Social Security number. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2026. Extends sunset for earned income tax credit. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|