Home » today » Business » Up to $2,000 per child: What you need to know about California’s proposed child tax credit | Univision 34 Los Angeles KMEX

Up to $2,000 per child: What you need to know about California’s proposed child tax credit | Univision 34 Los Angeles KMEX

Los Angeles California.- California legislators consider the payment of 2,000 dollars per child, as a state child tax credit. Miguel Santiago, Assemblyman for District 53 in Los Angeles, presented proposal AB 2589 and now at Univision34 Los Angeles, he explains what it is about.

“I am hopeful that the Appropriations Committee will pass AB 2589 and move California closer to supporting our lowest-income families as we recover from the pandemic,” Santiago, the bill’s lead author, said in a statement. .

California child tax credit?

With a budget glut exceeding $68 billion, the Golden State could return money to families in greatest need in the region.

If passed, AB 2589 will prevent 1.7 million children in the state from falling into poverty and thereby putting their basic rights to food, health, and housing at risk.

The payment would be one-time and would give eligible families up to $2,000 for each child.

Who would be eligible to receive the California child tax credit?

According to the proposal, families with an annual income of $30,000 or less will qualify for the benefit.

Being a tax credit, the benefit will include individuals or families who file taxes in the state with social security or ITIN, which includes undocumented immigrants.

So far it is unknown if the benefit will have a limit on the age of the children, as applied in the federal government’s child tax credit, during the health crisis unleashed by the coronavirus.

What does the payment of the California child tax credit depend on?

The bill AB 2589 was announced this Monday and it is expected that on Thursday, May 19, it will be presented before the budget appropriations committee of the Assembly and then go to discussion in the assembly.

This anti-poverty child tax credit has already been introduced at the federal level, but was rejected by Senator Joe Manchin, alleging that free money increases inflation.

“Let them suffer a night of hunger,” Santiago told Univision34 Los Angeles, referring to the fact that poverty and hunger are real and many children and families in California are suffering the ravages of inflation, so he will continue to promote the proposal.

If approved, the benefit would consider the declared income of the families since 2019 and the payment would begin to be distributed from the summer of 2022.

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