Republican calls Democrats' proposed tax credit expansion 'political
tool' in election year
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[February 17, 2022]
By Andrew Hensel
(The Center Square) – Illinois state
lawmakers are debating a bill the sponsor says will help more families
who struggled during the pandemic. Some question whether the effort is
genuine, however.
House Bill 4920 was filed by state Rep. Carrol Ammons, D-Champaign, and
would expand the earned income tax credit eligibility, including a new
state child tax credit, and increase the amount of credit available to
each low-income applicant.
Ammons said many Illinoisans could potentially get tax breaks with this
bill.
"This bill would impact 4.8 million hardworking Illinoisans in our
districts in every zip code across the state permanently," Ammons said.
Illinois' current EIC applies only to workers making less than $56,000
annually, but HB4920 would expand that to childless workers between 18
and 24 and workers over 65.
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Illinois state Rep. Carol Ammons, D-Urbana
Greg Bishop | The Center Square
The measure would allow over a
million new Illinoisans to be eligible for the EIC, Ammons said.
"It would increase the amount of credit we offer to over 3.6 million
current recipients," Ammons said. "It would make 1.2 million
Illinoisans newly eligible for the tax relief."
State Rep. Adam Niemerg, R-Dieterich, questioned the legitimacy of
Ammons' bill.
"This is a political tool during an election year that has no
intention of moving," Niemerg said. "Yet another example of
Democrats acting like they are for tax cuts, but their record shows
otherwise".
The bill is currently still with the House Revenue and Finance
Committee, but has been put in the Income Tax Subcommittee. It could
be heard before the committee again on Thursday. |