HB0307 | Earned Income Tax Credit Amendments

Description
General Description: 

This bill enacts a state earned income tax credit.

Highlighted Provisions: 

"12 ▸ enacts a nonrefundable state earned income tax credit; and
13 ▸provides for apportionment of the state earned income tax credit."

Bill Details
Year: 
2022
Status: 
House/ filed
Last Action: 
Mar 04, 2022
Sponsor
Representative
Republican - District 30
Fiscal Note
Fiscal Note Amount: 
$0
None
Utah PTA Response
Utah PTA Position
Oppose w/ Comment

Utah PTA applauds the target of this income tax credit (low and middle income families), but regrets that it would be subsidized by public education funding

Impact on Children: 

This tax credit positively impacts about 80,000 families and negatively impact 250,000 families

Commission: 
Education
Utah PTA Public Policy Program
National PTA and Utah PTA Resolutions: 

That Utah PTA encourage the legislature to adequately fund critical educational needs, including but not limited to, class size reduction, teacher salaries, technology, textbooks and supplies