DE HB80

Modifies Delaware's Earned Income Tax Credit (EITC) to allow taxpayers to choose between two credit options starting on a date to be determined by the Secretary of Finance.

Provides option to claim a non-refundable credit of up to 20% of the corresponding federal EITC, capped at the tax otherwise due.

Provides option to claim a refundable credit of up to 4.5% of the corresponding federal EITC, with amounts exceeding tax due being refundable to the taxpayer.

Becomes effective upon notice from the Secretary of Finance that the Division of Revenue has implemented the personal income tax release of the Integrated Revenue Administration System.