As the end of the 2023 tax season approaches, state officials are calling attention to a new tax credit that offers financial support to families with children under the age of 6.In May 2022, Gov. Phil Scott signed the child tax credit, H.510, into.
When H.510 was finalized in May 2022, then-House Ways and Means Committee Chair Janet Ancel, D-Calais, told VTDigger she believed the new child tax credit would be the “most significant (state-level) tax relief package we’ve been able to offer Vermonters.”