Citizens'​ Committee for Children of New York’s Post

Fighting Child Poverty in NY: What’s In and Out for 2025 ❌ Out ❌: a child tax credit with a maximum of $330 per child annually ✅ In ✅: a child tax credit offering eligible families up to $1,000 for children under 4 & $500 for children over 4 📣 Great news for poverty reduction: #ICYMI Governor Kathy Hochul announced her proposal for the largest expansion of the child tax credit (CTC) in New York’s history! 💲 This plan would give 1.6 million New York families an annual tax credit of up to $1,000 per child under age 4 and up to $500 per child from 4 through 16, impacting 2.75 million children statewide. 🫶 This CTC proposal comes after some incredible collaborative advocacy in 2024 by New York families, allies, advocacy organizations, service providers, and many more community members. We joined together from all corners of the state to ensure child poverty reduction was a top priority for 2025 and we were heard. ✅ When fully implemented, the Governor’s Office estimates that this initiative could reduce poverty among children statewide by over 8% alone. CCC fully supports this CTC proposal and we thank Governor Hochul for prioritizing this opportunity. 🔗 Follow this link to read about more policy solutions that can fight child poverty: https://bit.ly/ECPWP24 🔗 Follow this link to subscribe to our E-Action Network to stay up-to-date on advocacy and action opportunities for the 2025 budget season: https://bit.ly/ccceasub #ChildPoverty #Poverty #PovertyReduction #CPRAC #NY #NYS #NYC #NewYork #ChildAdvocacy #Advocacy #CTC #ChildTaxCredit

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