Assemblyman Miguel Santiago (D-Los Angeles) has introduced Assembly Bill 2589, legislation to give a $2,000 tax credit payment per child to families earning under $30,000 per year.
Santiago said the bill will ensure that 2 million children in California will not fall into poverty by providing a one-time payment of $2,000 per child to California residents who made less than $30,000 in 2021. The bill will also increase the California Earned Income Tax Credit minimum tax credit to approximately $255 per eligible person filing taxes. Together, AB 2589 would benefit approximately 5 million Californians, Santiago added.
“While the federal government’s child tax credit has expired, California must lead the nation in providing support to our low-income families through a child tax credit payment, in addition to increasing the CalEITC minimum payment,” Santiago said. “Low-income residents risk falling back into the depths of poverty if we do not support them. With our record budget surplus, now is the time to invest in working families.”
For information, visit a53. asmdc.org.
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