CA AB2807

Expands the California Earned Income Tax Credit for taxable years beginning on or after January 1, 2016, to include specified net earnings from self-employment in addition to wages, salaries, tips, and other employee compensation.

Defines "reportable gross income from self-employment" as gross income from any trade or business properly reported on IRS information returns (Section 6041 or 6041A), allowing self-employed individuals to qualify for the earned income credit.

Requires the Franchise Tax Board to annually report on the credit's effectiveness in reducing poverty, including number of claimants, average credit amounts, and estimates of families lifted out of deep poverty.

Authorizes refunds from the Tax Relief and Refund Account for earned income credit amounts that exceed tax liability, making an appropriation for these payments.

Treats refunds from the California Earned Income Tax Credit the same as federal earned income tax refunds when determining eligibility for state welfare and benefits programs.