FOR IMMEDIATE RELEASE: JUNE 23, 2021 STATEMENT FROM NYS DEMOCRATIC CHAIRMAN ON CHILD TAX CREDIT AWARENESS Beginning in July, families will receive monthly payments as part of the Child Tax Credit enhanced in Democrats’ American Rescue Plan NASSAU COUNTY, NY: New York State Democratic Chairman Jay S. Jacobs has released the following statement: “With the elections past us, it is important to remind all New Yorkers to help ensure that New York parents are aware about the American Rescue Plan’s historic expansion of the Child Tax Credit and how it will benefit their families. In New York, the tax credit will provide relief of up to $1,600 per child to the families of our children, helping lift New Yorkers out of poverty. This relief will aid nearly 3.6 million New York families. “Thanks to President Biden and New York Democrats, the American Rescue Plan will soon deliver major tax relief for working families with children through a historic expansion of the Child Tax Credit, and families will start to see those checks in their mailboxes next month. Despite opposition from NY Republicans like Elise Stefanik, the expanded child tax credit will lift 242,000 children out of poverty here in New York, help bolster financial security and spur economic growth in our State.” |