Part VI. Personal Current Transfer Receipts
58
Bureau of Economic Analysis
State Personal Income and Employment: Concepts and Methods
11. Consists largely of federal fellowship payments (National Science Foundation fellowships and traineeships, subsistence payments
to state maritime academy cadets, and other federal fellowships), interest subsidy on higher education loans, Pell Grants, Job Corps
payments, education exchange payments, and state education assistance payments.
12. Consists largely of other refundable tax credits (see footnote 17 for list of other refundable tax credits); Bureau of Indian Aairs
payments; Alaska Permanent Fund dividend payments; compensation of survivors of public safety ocers; compensation of victims
of crime; disaster relief payments; compensation for Japanese internment; the American Recovery and Reinvestment Act of 2009
funded Federal Additional Compensation for unemployment, Consolidated Omnibus Budget Reconciliation Act premium reduction;
Economic Recovery lump sum payment; Aordable Care Act cost sharing reductions and other special payments to individuals.
13. Consists of personal injury payments to individuals other than employees and other business transfer payments.
14. Refundable tax credits are already included in the lines and totals above. Refundable tax credits Include the amounts by which
federal refundable tax credits reduce personal current tax liabilities and liabilities to pay contributions for government social
insurance as well as the outlays that are distributed when the amount of federal refundable tax credits exceeds an individual’s
federal tax liabilities.
15. Same as SAINC35 line 2320.
16. Included in SAINC35 line 2342.
17. Included in SAINC35 line 2700. Other refundable tax credits consist of American Opportunity Tax Credit (2010–2022), Economic
Stimulus Act Rebate (2008–2010), Making Work Pay Tax Credit (2009–2013), Government Retiree Tax Credit (2010), Adoption
Tax Credit (2011–2015), Health Coverage Tax Credit (2003–2022), Health Insurance Premium Assistance Tax Credit (2014–2022),
Alternative Minimum Tax Credit (2008–2022), and Economic Impact Payments (2020-2022). Values shown in parenthesis following
the credit name indicate years in which the refundable tax credit contributes to series total.
Estimates are prepared for approximately 50 subcomponents of transfer receipts. The subcom-
ponents are classified by source—government or business—and may also be classified by recipi-
ent—individuals or nonprofit institutions serving individuals. In this chapter, transfer receipts are
presented in three major groups: receipts of individuals from governments, receipts of nonprofit
institutions serving individuals, and receipts of individuals from businesses.
At the state level, approximately 95 percent of the estimates of transfer receipts are derived from
direct measures of the receipts. The proportion is lower for current estimates and rises as more
complete source data become available. Source data are typically from the federal agency provid-
ing the benefits or administering the fund. For some programs, data may be drawn from Census
Bureau and other federal websites, including the Department of the Treasury’s spending website,
and the Census Bureau’s State Government Finances and State and Local Government Finances.
The remaining 5 percent are allocations of national estimates in proportion either to data that are
related to the components or to the most relevant population series, for example, household popu-
lation, which is total population minus those living in group quarters.
Most of the state estimates of transfer receipts are based on data for a calendar year, but some of
the estimates are based on data for fiscal years. When data for fiscal years are used, the data for the
two fiscal years that overlap the calendar year are averaged with the appropriate weights to yield
the data for the calendar year.
This chapter is organized according to the order of the presentation of the components and sub-
components in table H. Each estimated item is briefly defined, and the preparation of the state
estimates is described.
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