California AB1690 amends the personal income tax law to create a young child tax credit for families with children under six years old.

California AB1690 amends the personal income tax law to introduce a young child tax credit. This credit is available to qualified taxpayers with earned income and at least one qualifying child under six years of age. The credit amount is calculated based on the earned income tax credit adjustment factor and is subject to annual recomputation. The purpose of this credit is to reduce poverty among California's poorest working families and young children.

California AB1690 amends the personal income tax law to create a young child tax credit for families with children under six years old.

California AB1690 amends the personal income tax law to introduce a young child tax credit. This credit is available to qualified taxpayers with earned income and at least one qualifying child under six years of age. The credit amount is calculated based on the earned income tax credit adjustment factor and is subject to annual recomputation. The purpose of this credit is to reduce poverty among California's poorest working families and young children.