CA AB2066

Lowers the minimum age requirement for California Earned Income Tax Credit (CalEITC) eligibility from 25-65 years old to 18 years old and older for individuals without qualifying children, effective for taxable years beginning January 1, 2019.

Expands CalEITC eligibility to include individuals with a federal individual taxpayer identification number (ITIN) in addition to those with a social security number, effective for taxable years beginning January 1, 2019.

Authorizes additional payments from the Tax Relief and Refund Account upon legislative appropriation for excess CalEITC amounts exceeding tax liability, effective for taxable years beginning January 1, 2019.

Requires the Franchise Tax Board to annually report on CalEITC usage metrics including number of claimants, average credit amounts, and estimates of families lifted out of deep poverty by the credit.

Takes effect immediately as a tax levy.