SENATOR LANZA DETAILS MORE THAN $375 MILLION IN CHILD TAX CREDITS AVAILABLE TO NEW YORK FAMILIES

 

    More than 1 million middle class families across New York State will benefit from a child tax credit that will be enacted as part of the 2013-2014 Budget, Senator Lanza announced today.

    As part of the agreement reached by the Governor, the Senate, and the Assembly, families with incomes between $40,000 and $300,000 will be eligible to receive a new child tax credit of $350 per-year for three years. The credit, which will be delivered as a check, will begin in 2014.

    The information below details how many families in New York City will benefit from the child tax credit.

    Supplemental Child Tax Credit Savings 

    Region
    NYC 

    Savings
    $126,000,000 

    Families
    360,062

     

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