,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #abj  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #c1 #bjac ,mr4
 ,holt introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to increase ! cr$it =    
rese>* exp5ses = #bjac & #bjad & to all[
 ! cr$it to be assign$4  #a4 ,%ort title
 ,?is ,act may be cit$ z ! ,create ,jobs
 by ,exp&+ ! ,r,d ,tax ,cr$it ,act (    
#bjac4  #b4 ,increase 9 rese>* exp5ses  
tak5 into acc\nt = ! rese>* cr$it  7a7  
,9 g5]al ,section #da ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$ by       
r$esignat+ subsection 7h7 z subsection  
7i7 & by ins]t+ aft] subsection 7g7 !   
foll[+ new subsection3  7h7 ,tempor>y   
,bonus = ,qualify+ ,rese>* ,exp5ses ,9 !
 case ( any taxable ye> beg9n+ 9 #bjac  
or #bjad--  7#a7 subsection 7a77#a7 %all
 be appli$ by sub/itut+ #cj p]c5t = #bj 
p]c5t1  7#b7 subsection 7c77#e77;,a7    
%all be appli$ by sub/itut+ #bj p]c5t = 
#ad p]c5t1 &  7#c7 subsection           

7c77#e77;,b77ii7 %all be appli$ by      
sub/itut+ #ab p]c5t = #f p]c5t4  4  7b7 
,ext5sion ( cr$it ,subp>agraph 7,b7 (   
section #da7;i77#a7 ( su* ,code1 z      
r$esignat$ by subsection 7a71 is am5d$  
by /rik+ ,decemb] #ca1 #bjaa & ins]t+   
,decemb] #ca1 #bjad4  7c7 ,effective    
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft]  
,decemb] #ca1 #bjab4  #c4               
,transf]ability ( rese>* cr$it  7a7 ,9  
g5]al ,section #da ( ! ,int]nal ,rev5ue 
,code ( #aihf1 z am5d$ by section #b1 is
 am5d$ by r$esignat+ subsection 7i7 z   
subsection 7j7 & by ins]t+ aft]         
subsection 7h7 ! foll[+ new subsection3 
7i7 ,cr$it ,may ,be ,assign$  7#a7 ,9   
g5]al ,if1 = any taxable ye> beg9n+ 9   
#bjac or #bjad1 a qualifi$ taxpay]      
elects ! application ( ?is subsection = 
su* taxable ye>1 ! am\nt ( cr$it det]m9$
 "u ?is section = su* ye> :i* w\ld 7b = 
?is subsection7 be all[able to !        
qualifi$ taxpay] %all be all[able to !  
p]son designat$ by ! qualifi$ taxpay]4  

,su* am\nt %all be det]m9$ by apply+ ?is
 section sep>ately f section #ch = su*  
ye>4 ,! p]son s designat$ %all be treat$
 z ! taxpay] ) respect to ?is section   
7o!r ?an ?is subsection7 = purposes (   
?is title 7o!r ?an ?is p>agraph74  7#b7 
,treatm5t ( am\nts paid = assignm5t ,if 
any am\nt is paid to ! p]son :o assigns 
! cr$it det]m9$ "u ?is section1 no      
portion ( su* am\nt %all be includible 9
 su* p]son's gross income4  7#c7        
,qualifi$ taxpay] ,! t]m qualifi$       
taxpay] means1 ) respect to any taxable 
ye>1 any small bus9ess conc]n 7z def9$ 9
 section #c ( ! ,small ,bus9ess ,act7 if
 su* conc]n employs an av]age ( few] ?an
 #ejj employees on bus9ess days dur+ su*
 ye>4  4  7b7 ,effective date ,!        
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjab4