DC B22-0876 | 2017-2018 | 22nd Council
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on June 26 2018 - 25% progression, died in chamber
Action: 2018-07-06 - Notice of Intent to Act on B22-0876 Published in the DC Register
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 26 2018 - 25% progression, died in chamber
Action: 2018-07-06 - Notice of Intent to Act on B22-0876 Published in the DC Register
Text: Latest bill text (Introduced) [PDF]
Summary
As introduced, this bill establishes a Rainy Day Refund Program in the Office of Tax and Revenue to provide a means for DC Earned Income Tax Credit recipients to utilize a portion of their refundable tax return as a matched savings vehicle. A participating taxpayer may elect to defer payment of a certain amount of their refund for a period of 180 days.
Title
Rainy Day Refund Act Of 2018
Sponsors
| Cnc. Brianne Nadeau [D] | Cnc. Robert White [D] | Cnc. Elissa Silverman [I] | Cnc. Trayon White [D] |
| Cnc. David Grosso [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-07-06 | Council | Notice of Intent to Act on B22-0876 Published in the DC Register |
| 2018-06-26 | Council | Referred to Committee on Finance and Revenue |
| 2018-06-26 | Council | Introduced in Legislative Meeting |
Washington D.C. State Sources
| Type | Source |
|---|---|
| Summary | http://lims.dccouncil.gov/Legislation/B22-0876 |
| Text | http://lims.dccouncil.gov/Download/40528/B22-0876-Introduction.pdf |
