BHB/1/12
Sponsored by Marah Maves, Grace Nelson of Franklin High School
This legislation was filed in the Childrens Services category
Presented as part of the YIG Volunteer 2024 conference
| 1 | To be Enacted be the Tennessee YMCA Youth Legislature |
| 2 | Section 1) Terms in this act will be defined as follows: |
| 3 | Child Tax Credit (CTC): provides money to youth that are 5 and under whom experience poverty in |
| 4 | an attempt to aid their families with financial struggles. |
| 5 | Poverty : a total summation of how much money an individual makes that can be categorized by if |
| 6 | their income falls under U.S. Census Bureau Classification, in which states it would be about |
| 7 | $30,000 for a household of four and about $15,000 for an individual. |
| 8 | Non-Profit : an organization for the purpose of generating profit for another cause that has the |
| 9 | goal to help others in need, instead of themselves. It acts as a charity to help other people. |
| 10 | Eviction : when the government forces a person or family out of their estate because they failed to |
| 11 | pay rent for the month or a certain amount of time. Provisions : providing or supplying of |
| 12 | something, such as food, clothing, or other necessities to people. |
| 13 | |
| 14 | Section 2) Families who fall below the poverty line will be considered viable for a direct deposit of |
| 15 | one thousand dollars to their bank accounts from the government per household that contains a |
| 16 | child of five years of age or under. |
| 17 | |
| 18 | Section 3) Money will be provided monthly to aid the parents in necessary payments for daily |
| 19 | essentials such as groceries, daycare tuition, clothing, rent or mortgage payments, etc. |
| 20 | |
| 21 | Section 4) Government will provide an analysis before applying a family to the child tax credit plan |
| 22 | to ensure that the family is below the poverty line. It will serve to ensure the money is going to |
| 23 | those in dire need of financial aid. They have to apply through government websites with certain |
| 24 | requirements, such as recommendations from employers or bosses to make sure that the parents |
| 25 | are responsible in their work life and to make sure that they are considered to be in poverty. |
| 26 | |
| 27 | Section 6) In order for each household under the poverty line to obtain $1,000 we ask for about |
| 28 | $37,000,000. We would like to encourage non-profit organizations to help contribute to this cause |
| 29 | as it would cut the poverty for the youth by half, but we primarily ask the government of |
| 30 | Tennessee for this money. |
| 31 | |
| 32 | Section 7) There have been multiple states who have implemented the child tax policy including |
| 33 | Colorado, Maine, New Mexico, Maryland, Minnesota, Vermont, California, New Jersey, and |
| 34 | Wisconsin. There has been a bill about CTC in Tennessee, but it hasn’t been offered at a state level |
| 35 | yet. |
| 36 | |
| 37 | Section 8) All laws or parts of laws standing within Tennessee in conflict with this are hereby |
| 38 | repealed. |
| 39 | Section 9) This bill will go into effect as soon as May 1st, 2024. |
| 40 |