CA ACR132

Proclaims the week of January 26, 2024, through February 2, 2024, as CalEITC Awareness Week in California.

Recognizes the California Earned Income Tax Credit (CalEITC) as an effective tool to fight poverty, enacted in 2015 and available to both U.S. citizens and ITIN holders.

Notes that an estimated 3.7 million California households fall below the Real Cost Measure for basic needs, with 97 percent having at least one working adult.

Highlights that 54 percent of California households with children under six years of age fall below the Real Cost Measure and may be eligible for the Young Child Tax Credit paired with CalEITC benefits.

Cites research showing the EITC improves child and maternal health, promotes local economic growth, and leads to better short and long-term outcomes for children in recipient families.