New York Gov. Kathy Hochul proposed expanding the Empire State Child Credit as part of her 2025 State of the State executive agenda to triple its current worth.
The proposal aims to increase the maximum annual credit to $1,000 per child under age 4 and up to $500 per child between the ages of 4 and 16. Currently, New York families can get up to $330 per child. According to the governor, the increase would benefit 1.6 million New York taxpayers and as many as 2.75 million children.
