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Res No 202-15-14541RESOLUTION NO.202-15-1 4541 A Resolution supporting the extension of key provisions of the Federal Earned Income Tax Credit and the Refundable Child Tax Credit. WHEREAS,the Earned Income Tax Credit (EITC)andthe refundable Child Tax Credit(CTC)are among the most effectivefederal policies tofight poverty among workingfamilies.They promote workbysingleparentsandtheyare available tovery low-income families.In addition,these tax credits are directly linked to higher student testscores,higher high-school graduation rates,and higher college attendance rates;and WHEREAS,in 2013,more than 1,367 households in South Miami received the EITC or the refundable CTC and these tax credits made $2,383,786 in income available to these residents of South Miami tobe spent inthelocal economy to pay for basic needs of the recipients,like housing,groceries,medical treatment,and transportation;and WHEREAS,in 2013,more than 522,700 households in Florida's Miami-Dade County received the EITC orthe refundable CTC,representing nearly half (46.4%)of all tax returns filed by residents of Miami-Dade County;and WHEREAS,the EITC andCTChave assisted 600,000 impoverished Floridians, including 311,000 children each year from 2011 to 2013;the EITC alone added an estimated $5.1 billion to Florida's economy in 2012;and WHEREAS,in 2009 Congress expanded theCTCto reach families earning as littleas$3,000and enabled married couplesandfamilieswithmorethantwo children to earna slightly larger EITC.These enhancements aresetto expire attheend of 2017and if theydoexpire,willcausemorethan 16 million people nationwide,including eight million children,tofallintoor deeper into poverty;and WHEREAS,four million Hispanic working families alone,with nine million children,stand to lose an average of more than $900 each if the EITC and CTC expansions expire. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA,THAT: Section 1.TheCity Commission hereby urges Representatives Wasserman Schultz(FL-23),Federica Wilson (FL-24),Mario Diaz-Balart (FL-25),CarlosCurbelo (FL-26),Ileana Ros-Lehtinen (FL-27),and Senators Bill Nelson and Marco Rubio toact thisyeartomake permanent critical provisions of theEarned Income TaxCredit(EITC) andrefundableChildTaxCredit(CTC)beforetheyexpire. Section 2.TheCity Commission herebyurgesthe Florida Congressional delegationtorejectharmfulproposalstoweakenthecredits,includingfurtherrestrictions on eligibility for hardworking families inour community. Res.No.202-15-14541 Section 3.TheCity Clerk isherebydirectedto convey this resolution toall elected officials named in Section 1. Section 4.If any section clause,sentence,or phrase of this resolution isfor any reason heldinvalidor unconstitutional byacourt of competent jurisdiction,the holding shall not affect the validity of the remaining portions of this resolution. Section 5.This resolution shalltake effect immediately upon adoption. Passed and adopted this 1st *day ofDecember ,2015. ATTEST: READ AND LANGU, T Q/yu^k£^vAjB^^ ED AS TO FORM, ITY AND E5^CUTION APPROVED: COMMISSION VOTE:5-0 Mayor Stoddard:Yea Vice Mayor Harris:Yea Commissioner Edmond:Yea Commissioner Liebman:Yea Commissioner Welsh:Yea Page 2 of2