Amendment #225 to H4400

EITC for Taxpaying Immigrants and Federal Match Increase

Mr. Kaufman of Lexington moves to amend the bill by inserting after section 16 the following sections:

“SECTION 16A. Said subsection (h) of said section 6 of said chapter 62, as amended by section 16 of chapter XX of the laws of 2018, is hereby amended by striking out, in lines 245 and 250, the figure “30” and inserting in place thereof, in each instance, the following figure:- 40.

SECTION 16B. Said subsection (h) of said section 6 of said chapter 62, as amended by section 17 of chapter XX of the laws of 2018, is hereby further amended by striking out, in lines 245 and 250, the figure “40” and inserting in place thereof, in each instance, the following figure:- 50.

SECTION 16C. (a) Said subsection (h) of said section 6 of said chapter 62, as appearing in the 2016 Official Edition, is hereby amended by inserting after the word “year,” in line 243, the following words:- , or such person would otherwise have qualified for the earned income credit or would have been able to claim additional qualifying children for the earned income credit but for subsection (m) of section 32 of the Code.

(b) Said subsection (h) of said section 6 of said chapter 62, as so appearing, is hereby further amended by inserting after the word “taxpayer”, in line 250, the following words:- , or otherwise eligible to be received by the taxpayer but for subsection (m) of section 32 of the Code,.

(c) Said subsection (h) of said section 6 of said chapter 62, as so appearing, is hereby further amended by inserting after the first paragraph the following paragraph:-

No credit shall be allowed under this subsection for any taxable year within (1) the period of 10 taxable years after the most recent taxable year for which there was a final determination by the commissioner that the taxpayer’s claim of the credit under this subsection was based on information that the taxpayer knew or had reason to know was false, fraudulent or deliberately misleading as to a material matter, or (2) the period of 2 taxable years after the most recent taxable year for which there was a final determination by the commissioner that the taxpayer’s claim of credit under this subsection was due to careless, reckless or intentional disregard by the taxpayer of the tax laws of the commonwealth or of public written statements issued by the commissioner.”

and moves to further amend the bill by adding the following sections:

“SECTION XX. Sections 16A shall take effect on January 1, 2020.

SECTION XX. Section 16B shall take effect on January 1, 2021.”

Additional co-sponsor(s) added to Amendment #225 to H4400

EITC for Taxpaying Immigrants and Federal Match Increase