This bill aims to expand eligibility for the working families' tax credit in Washington State to include all individuals aged 18 and older. The amendments to RCW 82.08.0206 introduce new criteria for what constitutes an "eligible low-income person," specifically allowing individuals who do not meet the age requirement under the federal internal revenue code but are at least 18 years old by the end of the prior federal tax year to qualify for the credit. Additionally, the bill outlines the refund amounts for eligible individuals based on the number of qualifying children and establishes a process for adjusting these amounts for inflation starting January 1, 2024.

The bill also includes provisions for the administration of the tax credit, requiring the Department of Revenue to protect the privacy of applicants and to conduct a public information campaign to raise awareness about the credit. Furthermore, it mandates a review of the tax preference by the joint legislative audit and review committee every ten years, with specific metrics to evaluate its effectiveness. The act is set to take effect on January 1, 2026, and will be null and void if specific funding is not provided by June 30, 2025.

Statutes affected:
Original Bill: 82.08.0206
Substitute Bill: 82.08.0206