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HB0198 – Income Tax – Earned Income Credit – Refundable Amount AMENDED
Increase from 25 to 28 percent, over a 5-year period, the percentage of the federal earned income credit used for determining the amount that an individual may claim as a refundable credit under the Maryland earned income credit
Why this bill is important: Advocates for Children and Youth supports this bill as it will allow low-wage earners to be in a better position to support their families and meet basic household needs.
Update: PASSED.