Nyc Mayors Office
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Mayor Adams Applauds Earned Income Tax Credit Enhancement in State Budget
Posted
April 16, 2022
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1,133
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19
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April 16, 2022
1,133
19
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26:26Now PlayingBOLSTERS SOCIAL SAFETY NET FOR WORKING FAMILIES
Over 800,000 New York City Families to Benefit From Enhancement
City to Invest $250 Million Annually and Receive One-Time State Payment Estimated at $100 Million
NEW YORK – New York City Mayor Eric Adams today was joined by elected officials and community leaders to celebrate the enhancement of the Earned Income Tax Credit (EITC) in the state budget. The EITC enhancement was part of a campaign pledge from the administration to bolster the social safety net and expand services for working families in New York City. At today’s event, Mayor Adams announced over 800,000 families will benefit from the enhancement. Additionally, the city committed to investing $250 million annually to EITC and will receive a one-time state payment estimated at $100 million.
City Hall
Blue Room
Lower Manhattan
April 16, 2022
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