Gov. Kathy Hochul wants to expand New York state’s child tax credit and potentially give families with children under age four up to $1,000 per youngster in the household.
Under Hochul’s proposal, which she unveiled during a Jan. 6 Midtown press conference, the tax benefit would increase from its current level of $330 per child to as much as $1,000 per child under age four and up to $500 per child from ages four through 16. The average amount of the benefit will double from $472 to $943, according to the governor’s office.
