2001
EITC Program created for K-12; capped at $30 million
2003
Program for K-12 expanded to $40 million
2004
Program for Pre-K was created; capped at $5 million
Total EITC Program: $45 million
2005
Program for K-12 was increased to $44 million; Program for Pre-K remained at $5 million
Total EITC Program: $49 million
2006
Program increased by $10 million
Total EITC Program: $59 million
2007
Program increased by $16 million; $44,666,667 for K-12, $22,333,333 for EIO, and $8 million for Pre-K
Total EITC Program: $75 million
2008
EITC amended to allow S Corporations to claim EITC credits against their Pennsylvania personal income tax paid through the pass-through entity
2009
First cut to the program: decreases from $75 million to $60 million
2010
The Program did not receive any further cuts or increases
2011
Program increased by $15 million
Total EITC Program: $75 million
2012
Program increased by $25 million
Total EITC Program: $100 million.
The Opportunity Scholarship Tax Credit (OSTC) Program was created; capped at $50 million