An Act to increase family stabilization through the earned income tax credit

This bill expands the Massachusetts Earned Income Tax Credit to help low- and moderate-income families stabilize their finances. It allows more people to qualify by lowering the age requirement for adults from 25 to 18 and including students who are at least half-time enrolled in higher education programs. The legislation also increases the maximum income limit to $75,000 and adjusts it annually for inflation, while raising the credit amount for families with more than three children. Additionally, the bill modifies how the credit is phased out for higher earners, ensuring a broader range of working individuals can receive financial support.