Action One: Create a permanent, fully refundable Connecticut child tax credit (CTC).

• The situation is urgent. Since 2021, the ALICE Essentials Index shows 18% inflation in the cost of household basics. This blow is combined with the loss of pandemic-era federal benefits that supported ALICE families.
• A 100% refundable credit means that families who do not have a tax liability would receive the full value of the credit.
• Eligibility: up to $100,000 annual income for a single filer, $200,000 for joint filers.
• Estimated cost of a child tax credit of $600 per child up to three children: $300 million per year (individual family benefits and total policy cost depend on income phaseout schedule).