Missouri’s state lawmakers passed legislation to create an Earned Income Tax Credit (EITC) worth 10% of the federal credit, also known as the Missouri Working Families Tax Credit. Former EITC Pooled Fund awardee, Missouri Budget Project, has been fighting for a state earned income tax credit that targets tax relief to low and middle-income families for more than two decades. Learn more here.
Oklahoma Gov. Kevin Stitt (R) signed a budget package that will restore the state Earned Income Tax Credit’s (EITC) refundability. Current EITC Campaign Fund awardee, Oklahoma Policy Institute, has been supporting efforts to help restore refundability to the state EITC, which would benefit Oklahomans with the lowest incomes, for the last several years.
Economic Opportunity Funders and the EITC Funders Network administer and oversee the State EITC Rapid Response, Campaign and Policy Development Fund and the Federal EITC Campaign Fund to advance tax fairness and economic opportunity for low-income workers and families through the promotion, protection and expansion of the federal and state EITCs. The four funds – together known as the EITC Pooled Fund – are guided by an advisory group, supported by five national funders and administered in partnership with the Center on Budget and Policy Priorities and The Hatcher Group.