Franchise Tax Board: California earned income tax credit: report.

The Personal Income Tax Law, beginning on or after January 1, 2015, in modified conformity with federal income tax laws, allows an earned income tax credit, the California Earned Income Tax Credit (CalEITC) , against personal income tax and a payment from the Tax Relief and Refund Account for an allowable credit in excess of tax liability to an eligible individual that is equal to that portion of the earned income tax credit allowed by federal law as determined by the earned income tax credit adjustment factor, as specified. This bill would require the Franchise Tax Board to analyze and develop a plan to increase the number of claims of the CalEITC and the federal Earned Income Tax Credit. The bill would require the analysis to include an overview of the changes needed to the income tax system that would reduce any barriers to tax filing for non-filers of tax returns who are eligible for the CalEITC and an outline of the necessary changes needed to increase collaboration and coordination among state agencies to reach the greatest number of individuals eligible for the CalEITC. The bill would require the Franchise Tax Board to report to the Legislature on or before January 1, 2022, on its analysis and plan.