Under a new proposal, 500,000 families in one state may be able to see checks worth $600 in the form of a child tax credit.
Connecticut may see the new law soon.
As families do everything they can to try to get tax breaks, this proposal is being sponsored by 7 state representatives.
CTC: Will the credit be extended again in 2022?
Connecticut child tax credit proposal
This new law would give families $600 per child.
The qualifying child must be under the age of 17.
Income thresholds would be $100,000 for single filers and $160,000 for head of household.
Married couples would have an income threshold of $200,000.
Low and middle income Americans could receive $240 payments every three months
Each family can claim a maximum of three kids.
Following a surplus of $1.48 billion dollars for the state of Connecticut, many support the bill.
500,000 families would see the help with this law.
Other states with child tax credit programs
Connecticut is not the first state to work toward implementing a child tax credit program.
This comes following the ending of the federal payments people received.
California currently offers a program for parents making under $25,000 where they can get $1,000.
Other states include
- Idaho
- Illinois
- Maine
- Maryland
- New York
- New Mexico
- Oklahoma
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