Low-income taxpayers; refundable income tax credit. (SB1297)

Introduced By

Sen. George Barker (D-Alexandria)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Refundable income tax credit for low-income taxpayers. Allows low-income individuals and married persons to claim either (i) a nonrefundable income tax credit equal to $300 for each individual, his spouse, and any dependents or (ii) a refundable income tax credit equal to 20 percent of the federal earned income tax credit claimed that year by the individual or married persons. Under current law, low-income individuals and married persons may elect either of these amounts; however, both options for claiming the credit are nonrefundable. The provisions of the bill apply to taxable years beginning on and after January 1, 2019, but before January 1, 2026. Read the Bill »


Bill Has Failed


01/07/2019Prefiled and ordered printed; offered 01/09/19 19102405D
01/07/2019Referred to Committee on Finance
01/14/2019Impact statement from TAX (SB1297)
01/30/2019Passed by indefinitely in Finance (16-Y 0-N) (see vote tally)