Hawaii Public Radio: Report: State could slash child poverty in half with new tax credit

The child tax credit has been available at the federal level since 1997. Before 2021, families were able to take advantage of a $2,000 credit per child.

Under the American Rescue Plan, the credit was expanded to $3,000 per child between the ages of 6 and 17, and $3,600 for every child under 6 years old.

“It changed in three really meaningful ways under the American Rescue Plan,” said Aidan Davis, a state policy researcher with the Institute on Taxation and Economic Policy.

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