![]() ![]() Christina Sappey (D-Chester County), would establish a state-level Earned Income Tax Credit for low-to-moderate income working families. Bill To Establish State Earned Income Tax Credit Citing data from the Internal Revenue Service, Grove noted that 60% of the federal credits claimed in the state last year benefited families with income of over $75,000, while 630 claims were from taxpayers with annual income of $1 million or more. Seth Grove (R-York) argued that the state would lose $1.5 billion in tax revenue if this bill becomes law.įurther, Grove said that the program largely assists the wealthy as it lacks an income limit. Several Republicans opposed the bill to expand the Pennsylvania child care tax credit. “We need to support our working families.”Īccording to the bill’s fiscal impact statement, the expanded Pennsylvania child care tax credit will cost about $97.5 million in the next budget and around $1.15 billion combined across five years. “It is an unaffordable problem that we have to address now,” Davis said. She said that the Pennsylvania child care tax credit was a step in the right direction but is not enough. Tina Davis (D-Bucks) will expand the credit to a maximum of $900 in the first year and then increase it gradually to $2,500 in 2027.ĭavis notes that child care costs range from $11,000 to $29,000 annually for Pennsylvania families, depending on the number of children. In 2022, Pennsylvania instituted the Child and Dependent Care program, which offered a maximum credit of $315 for a family with one child. Both bills now head to the Republican-controlled state senate. On Monday, the Pennsylvania House passed House Bill 1259 (the child care tax credit bill) with a 141-62 vote (39 Republicans joining all 102 Democrats), while House Bill 1272 passed with a 122-81 vote (20 Republicans joining all 102 Democrats). Why Expand The Pennsylvania Child Care Tax Credit? One of the bills approved on Monday aims to expand the Pennsylvania child care tax credit, while the other bill will create a state-level Earned Income Tax Credit. The Pennsylvania House has approved two bills that aim to give more money to working families.
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