Provides for a working families tax credit; directs quarterly prepayment of the credit; provides for a sliding reduction in the credit for incomes which exceed a certain threshold.

Statutes affected:
A4022: 606 tax law, 606(d) tax law, 606(c-1) tax law
A4022A: 606 tax law, 606(d) tax law, 606(c-1) tax law
A4022B: 606 tax law, 606(d) tax law, 606(c-1) tax law
A4022C: 606 tax law, 606(d) tax law, 606(c-1) tax law