This bill expands the eligibility for the working families' tax credit in Washington State to include individuals aged 18 and older. The amendment to RCW 82.08.0206 introduces a new definition for "eligible low-income person," which now includes individuals who do not meet the age requirement but are at least 18 years old by the end of the prior federal tax year. This change aims to provide financial relief to a broader range of low-income individuals, allowing them to benefit from the refundable tax credit that is calculated based on their income and number of qualifying children.

Additionally, the bill includes provisions for the administration of the tax credit, ensuring that the application process is accessible and that the privacy of applicants is protected. It mandates a review of the tax preference every ten years to assess its effectiveness in providing meaningful financial relief to low-income and middle-income households. The act is set to take effect on January 1, 2026, and includes a new section stating that RCW 82.32.805 does not apply to this act, indicating a specific legislative intent to streamline the implementation of these changes.

Statutes affected:
Original Bill: 82.08.0206