2025 - 2026 LEGISLATURE
LRBb0742/1
EKL:skw
ASSEMBLY AMENDMENT 22,
TO ASSEMBLY SUBSTITUTE AMENDMENT 2,
TO ASSEMBLY BILL 50
July 2, 2025 - Offered by Representatives Miresse, Anderson, Andraca, Arney, Bare, Billings, Brown, Clancy, Cruz, DeSanto, DeSmidt, Doyle, Emerson, Fitzgerald, Goodwin, Haywood, Hong, Hysell, J. Jacobson, Joers, Johnson, Kirsch, Madison, Mayadev, McCarville, McGuire, Moore Omokunde, Neubauer, Palmeri, Phelps, Prado, Rivera-Wagner, Roe, Sheehan, Sinicki, Snodgrass, Spaude, Stroud, Stubbs, Subeck, Taylor, Tenorio, Udell and Vining.
AB50-ASA2-AA22,1,33“Section 1. 71.07 (9e) (aj) (intro.) of the statutes is amended to read: AB50-ASA2-AA22,1,8471.07 (9e) (aj) (intro.) For taxable years beginning after December 31, 2010, 5and before January 1, 2025, an individual may credit against the tax imposed under 6s. 71.02 an amount equal to one of the following percentages of the federal basic 7earned income credit for which the person is eligible for the taxable year under 8section 32 of the Internal Revenue Code: AB50-ASA2-AA22,2,31071.07 (9e) (ak) For taxable years beginning after December 31, 2024, an 11individual may credit against the tax imposed under s. 71.02 an amount equal to
1one of the following percentages of the federal basic earned income credit for which 2the individual is eligible for the taxable year under section 32 of the Internal 3Revenue Code: AB50-ASA2-AA22,2,541. If the individual has one qualifying child who has the same principal place 5of abode as the individual, 16 percent. AB50-ASA2-AA22,2,762. If the individual has 2 qualifying children who have the same principal 7place of abode as the individual, 25 percent. AB50-ASA2-AA22,2,983. If the individual has 3 or more qualifying children who have the same 9principal place of abode as the individual, 34 percent. AB50-ASA2-AA22,310Section 3. 73.03 (73) (f) 1. of the statutes is amended to read: AB50-ASA2-AA22,2,151173.03 (73) (f) 1. Subject to subd. 2., for taxable years beginning after 12December 31, 2020, the department shall make the pilot program described under 13par. (b) permanent and applicable to all eligible claimants of the earned income tax 14credit under s. 71.07 (9e) (aj), based on the specifications described under pars. (b) 15and (c) 2.”.
