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Earned Income Tax Credit (EITC): Virginia is also enhancing its EITC. The refundable portion of the Commonwealth's EITC will increase to 20% of the federal credit, up from 15%.
The bill, introduced Tuesday by Reps. Mike Carey, R-Ohio, and Danny Davis, D-Ill., would expand eligibility for the Earned Income Tax Credit to workers over the age of 65.