Bill
HRES 88
Overview: HRES 88, "Supporting the designation of January 31, 2025, as 'Earned Income Tax Credit Awareness Day'", was referred to the House Committee on Ways and Means on January 3
Overview: HRES 88, "Supporting the designation of January 31, 2025, as 'Earned Income Tax Credit Awareness Day'", was referred to the House Committee on Ways and Means on January 31, 2025. This resolution aims to raise awareness about the Earned Income Tax Credit (EITC), a federal tax credit that benefits low-to-moderate income individuals and families.
Purpose and Intent: The resolution seeks to promote understanding and utilization of the EITC, which can provide significant financial assistance to eligible taxpayers.
Key Provisions: The resolution:
- Supports the designation of January 31, 2025, as "Earned Income Tax Credit Awareness Day"
- Encourages the Internal Revenue Service, community organizations, and the public to observe and promote the day
- Recognizes the importance of the EITC in lifting individuals and families out of poverty
Affected Parties and Impacts: The resolution would primarily benefit low-to-moderate income individuals and families who may be eligible for the EITC but are unaware of its existence or how to claim it.
Procedural and Timeline Considerations: The resolution has been referred to the House Committee on Ways and Means, where it will undergo further consideration and potential advancement in the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
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