Tag: Stimulus Package

New legislation that would boost the state Child Tax Credit (CTC) has been filed by state lawmakers in New York. The measure under consideration would establish the New York State Working Families Tax Credit and raise the state's CTC program from $500 to $1,500 per kid. New York Child Tax Credit The plan would also increase eligibility to include families with children under four years old and those with the lowest incomes. If the legislation is approved, New York households will get automatic payments every three months to help with the high current...