,,ii  #aac? ,,congress  #a/ ,session    
,s4 #afid  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #ac1 #bjac,mr4
 ,h>k9 7= himself & ,mr4 ,hell]7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to all[ a cr$it   
aga9/ income tax = ! pur*ase ( he>+     
aids4  #a4 ,%ort title ,?is ,act may be 
cit$ z ! ,he>+ ,aid ,assi/ance ,tax     
,cr$it ,act4  #b4 ,cr$it = he>+ aids    
7a7 ,9 g5]al ,subp>t ,a ( "p ,,iv (     
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf 7relat+ to        
nonrefundable p]sonal cr$its7 is am5d$  
by ins]t+ aft] section #be;,d ! foll[+  
new section3  #be;,e4 ,cr$it = he>+ aids
  7a7 ,all[ance ( cr$it ,9 ! case ( an  
individual1 !re %all be all[$ z a cr$it 
aga9/ ! tax impos$ by ?is *apt] an am\nt
 equal to ! am\nt paid dur+ ! taxable   
ye>1 n comp5sat$ by insurance or        
o!rwise1 by ! taxpay] = ! pur*ase ( any 
qualifi$ he>+ aid4  7b7 ,maximum am\nt  

,! am\nt all[$ z a cr$it "u subsection  
7a7 %all n exce$ #ejj p] qualifi$ he>+  
aid4  7c7 ,qualifi$ he>+ ,aid ,=        
purposes ( ?is section1 ! t]m qualifi$  
he>+ aid means a he>+ aid-- 7#a7 :i* is 
describ$ 9 sections #hgd4ccjj &         
#hgd4ccje ( title #ba1 ,code ( ,f$]al   
,regulations1 & is au?oriz$ "u ! ,f$]al 
,food1 ,drug1 & ,cosmetic ,act =        
comm]cial di/ribution1 &  7#b7 :i* is   
int5d$ = use-- 7,a7 by ! taxpay]1 or    
7,b7 by an individual ) respect to :om !
 taxpay]1 = ! taxable ye>1 is all[$ a   
d$uction "u section #aea7;c7 7relat+ to 
d$uction = p]sonal exemptions =         
dep5d5ts74  7d7 ,election once e #e ye>s
 ,?is section %all apply ) respect to   
any individual = any taxable ye> only if
 !re is an election 9 effect ) respect  
to su* individual 7at su* "t & 9 su*    
mann] z ! ,secret>y may by regulations  
prescribe7 to h ?is section apply = su* 
taxable ye>4 ,an election to h ?is      
section apply ) respect to any          
individual may n be made = any taxable  

ye> if su* an election is 9 effect )    
respect to su* individual = any ( ! #d  
taxable ye>s prec$+ su* taxable ye>4    
7e7 ,d5ial ( d\ble b5efit ,no cr$it %all
 be all[$ "u subsection 7a7 = any exp5se
 = :i* a d$uction or cr$it is all[$ "u  
any o!r provision ( ?is *apt]4  4  7b7  
,cl]ical am5dm5t ,! table ( sections =  
subp>t ,a ( "p ,,iv ( sub*apt] ,a (     
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] ! item    
relat+ to section #be;,d ! foll[+ new   
item3  ,sec4 #be;,e4 ,cr$it = he>+ aids4
  4  7c7 ,effective date ,! am5dm5ts    
made by ?is section %all apply to       
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjac4