,i #aacth ,,congress #b;d ,session ,h4 ,r4 #ecfe ,,in ,,the ,,house ,,of ,,representatives ,july #ca1 #bjad ,mr4 ,pascrell 7for himself1 ,ms4 ,linda ,t4 ,snchez of ,california1 ,ms4 ,edwards1 ,mr4 ,cartwright1 and ,mr4 ,peters of ,california7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to provide an above-the-line deduction for child care expenses1 and for other purposes4 #a4 ,above-the-line deduction for child care expenses 7a7 ,in general ,part ,,vii of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by redesignating section #bbd as section #bbe1 and 7#b7 by inserting after section #bbc the following new section3 #bbd4 ,child care deduction 7a7 ,allowance of deduction ,in the case of an individual for which there are #a or more qualifying children with respect to such individual for the taxable year1 there shall be allowed as a deduction an amount equal to the employment-related expenses paid by such individual during the taxable year4 7b7 ,dollar limitations 7#a7 ,in general ,the amount allowed as a deduction under subsection 7a7 with respect to the taxpayer for any taxable year shall not exceed-- 7,a7 #g1jjj1 if there is #a qualifying child with respect to the taxpayer for such taxable year1 or 7,b7 #ad1jjj1 if there are #b or more qualifying children with respect to the taxpayer for such taxable year4 7#b7 ,adjustment for inflation ,in the case of a taxable year beginning after #bjad1 each of the dollar amounts in paragraph 7#a7 shall be increased by an amount equal to-- 7,a7 such dollar amount1 multiplied by 7,b7 the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year in which such taxable year begins1 determined by substituting calendar year #bjac for calendar year #aiib in subparagraph 7,b7 thereof4 ,if any amount as adjusted under the preceding sentence is not a multiple of #ajj1 such amount shall be rounded to the next highest multiple of #ajj4 7c7 ,definitions and special rules ,for purposes of this section-- 7#a7 ,qualifying child ,the term qualifying child means a dependent of the taxpayer 7as defined in section #aeb7;a77#a77-- 7,a7 who has not attained age #ac1 or 7,b7 who is physically or mentally incapable of caring for himself or herself4 7#b7 ,employment-related expenses ,the term employment-related expenses has the meaning given such term by section #ba7;b77#b71 applied as if the terms qualifying child and qualifying children1 within the meaning of this section1 were substituted for the terms qualifying individual and qualifying individuals1 respectively4 7#c7 ,special rules ,rules similar to the rules of paragraphs 7#a71 7#b71 7#c71 7#d71 7#e71 7#f71 7#i71 and 7#aj7 of section #ba7;e7 shall apply4 7d7 ,denial of double benefit 7#a7 ,in general ,no deduction shall be allowed under this section for any expense with respect to which a credit is claimed by the taxpayer under section #ba4 7#b7 ,coordination rule ,for coordination with a dependent care assistance program1 see section #abi7;e77#g74 4 7b7 ,deduction allowed above the line ,subsection 7a7 of section #fb of the ,internal ,revenue ,code of #aihf is amended by inserting after paragraph 7#ba7 the following new paragraph3 7#bb7 ,child care deduction ,the deduction allowed by section #bbd4 4 7c7 ,conforming amendment ,subsection 7e7 of section #bac of the ,internal ,revenue ,code of #aihf is amended by inserting 1 or as a deduction under section #bbd1 after section #ba4 7d7 ,clerical amendment ,the table of sections for part ,,vii of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended by striking the item relating to section #bbd and by inserting the following new items3 ,sec4 #bbd4 ,child care deduction4 ,sec4 #bbe4 ,cross reference4 4 7e7 ,effective date ,the amendments made by this section shall apply to expenses paid or incurred in taxable years beginning after ,december #ca1 #bjac4