Income tax, state; eligible low-income taxpayers to claim a refundable tax credit.

Earned income tax credit. Allows eligiblelow-income taxpayers to claim a refundable income tax credit equalto 20 percent of the federal earned income tax credit claimed that year by the taxpayer for the same taxable year. The bill also statesthat individuals who would have been entitled to the federal equivalentof this credit but for the fact that the individual, the individual'sspouse, or one or more of the individual's children does not havea valid social security number are eligible to claim this credit.