HB 1075 — Expanding eligibility for the working families' tax credit to everyone age 18 and older.

H-1203.1H-0265.2 SUBSTITUTE HOUSE BILL 1075 State of Washington 68th Legislature 2023 Regular Session By House Finance (originally sponsored by Representatives Thai, Walen, Simmons, Berry, Ramel, Peterson, Pollet, Callan, Macri, Gregerson, Bergquist, Wylie, Kloba, Santos, Riccelli, Fosse, and Ormsby)Ormsby READPrefiled FIRST12/23/22. TIME 02/13/23.

Read first time 01/09/23.

Referred to Committee on Finance.

creating a new sections;section;

1 SHBHB 1075 (A) Meets)) meets the requirements provided in (a)(i)(B) of this subsection((;))subsection((; and (((B) Would)) would otherwise qualify for the credit provided in Title 26 U.S.C.

and (B))) and:

(A) Would otherwise qualify for the credit provided in Title 26 U.S.C.

32 of the internal revenue code except ((forfor the fact))fact that ((the))the oneindividual orfiled anya combinationfederal income tax return for the prior federal tax year using a valid individual taxpayer identification number in lieu of a social security number, and the followingindividual's conditionsspouse, apply:if any, and all qualifying children, if any, have a valid individual taxpayer identification number or a social security number;

(A)or The(B) individualWould filedotherwise aqualify federal income tax return for the priorcredit federalprovided tax year using a valid individual taxpayer identification number in lieuTitle of26 aU.S.C. social security number, and the individual's spouse, if any, and all qualifying children, if any, have a valid individual taxpayer identification number or a social security number ;

orSec. (B) The individual does not meet the age requirement, but is at least age 18 by the end of the prior federal tax year.

32 of the internal revenue code except that they do not meet the age requirement, but are at least age 18 by the end of the prior federal tax year.

(iii)p. $900 for eligible persons with two qualifying children;

or2 p.HB 1075 (iii) $900 for eligible persons with two qualifying children;

2or SHB 1075 (iv) $1,200 for eligible persons with three or more qualifying children.

(f) The percentage rate of remittance reductions in (b) of this subsection must be adjusted every year beginning January 1, 2023, p.

3 SHBHB 1075 (f) The percentage rate of remittance reductions in (b) of this subsection must be adjusted every year beginning January 1, 2023, based on calculations by the department that result in the minimum credit being received at the maximum qualifying income level.

This includes establishing a date by which applications will bep. accepted, with the aim of accepting applications as soon as possible.

p.4 HB 1075 be accepted, with the aim of accepting applications as soon as possible.

4 SHB 1075 (7) The department must review the application and determine eligibility for the working families' tax credit based on information provided by the applicant and through audit and other administrative records, including, when it deems it necessary, verification through internal revenue service data.

(10) Interest does not apply to refunds provided under this section.

5 SHBHB 1075 (11)(10) ChapterInterest 82.32does RCWnot appliesapply to therefunds administrationprovided ofunder this section.

(11) Chapter 82.32 RCW applies to the administration of this section.

The joint legislative audit and review committee shall provide written notice of the expiration date of RCW 82.08.0206 to affected parties, the department of revenue, the chief clerk of the house of representatives, the secretary of the senate, the office of the code reviser, and others as deemed appropriate by the joint legislative audit and review committee.

Size of the benefit per household, number of household beneficiaries statewide, and demographicp. information of beneficiaries to include family size, income level, race and ethnicity, and geographic location.

p.6 HB 1075 demographic information of beneficiaries to include family size, income level, race and ethnicity, and geographic location.

6 SHB 1075 (5) In order to obtain the data necessary to perform the review in subsection (4) of this section, the joint legislative audit and review committee may refer to the remittance data prepared by the department of revenue.

TheThis creditsact providedtakes foreffect low-incomeJanuary people1, who2024. do not meet the age requirement of 26 U.S.C.

Sec.

32 of the internal revenue code, but who are at least age 18 by the end of the prior federal tax year, pursuant to section 1(2)(a)(ii)(B) of this act, are subject to the availability of amounts appropriated for this specific purpose.

NEW SECTION.

Sec.

5.

This act takes effect January 1, 2024.

7 SHBHB 1075