,,ii  #aacth ,,congress  #b;d ,session  
,s4 #befe  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #h1 #bjad
 ,mrs4 ,shaheen 7for herself1 ,mrs4     
,boxer1 ,mrs4 ,murray1 ,mrs4            
,gillibrand1 and ,ms4 ,mikulski7        
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,finance  ,a ,,bill  ,to  
amend the ,internal ,revenue ,code of   
#aihf to enhance the dependent care tax 
credit1 and for other purposes4  #a4    
,short title ,this ,act may be cited as 
the ,helping ,working ,families ,afford 
,child ,care ,act4  #b4 ,enhancement of 
the dependent care tax credit  7a7      
,increase in dependent care tax credit  
7#a7 ,increase in incomes eligible for  
full credit ,paragraph 7#b7 of section  
#ba7;a7 of the ,internal ,revenue ,code 
of #aihf is amended to read as follows3 
7#b7 ,applicable percentage defined ,for
 purposes of paragraph 7#a71 the term   
applicable percentage means #bj percent 
reduced 7but not below zero7 by #a      

percentage point for each #e1jjj 7or    
fraction thereof7 by which the          
taxpayer's adjusted gross income for the
 taxable year exceeds #bjj1jjj4  4  7#b7
 ,increase in dollar limit on amount    
creditable ,subsection 7c7 of section   
#ba of the ,internal ,revenue ,code of  
#aihf is amended-- 7,a7 by striking     
#c1jjj in paragraph 7#a7 and inserting  
#h1jjj1 and  7,b7 by striking #f1jjj in 
paragraph 7#b7 and inserting #af1jjj4   
7#c7 ,inflation adjustment ,section #ba 
of the ,internal ,revenue ,code of #aihf
 is amended-- 7,a7 by redesignating     
subsection 7f7 as subsection 7g71 and   
7,b7 by inserting after subsection 7e7  
the following new subsection3  7f7      
,inflation adjustment  7#a7 ,in general 
,in the case of any taxable year        
beginning after #bjae1 the #bjj1jjj     
amount in subsection 7a77#b7 and each of
 the dollar amounts in subsection 7c7   
shall each 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 the taxable year begins1 by       
substituting #bjad for #aiib in         
subparagraph 7,b7 thereof4  7#b7        
,rounding ,the amount of any increase   
under paragraph 7#a7 shall be rounded-- 
7,a7 for purposes of the dollar amount  
in subsection 7a77#b71 the nearest      
multiple of #a1jjj1 and  7,b7 for       
purposes of the dollar amounts in       
subsection 7c71 the nearest multiple of 
#ajj4  4  7b7 ,dependent care tax credit
 ,to be refundable  7#a7 ,in general    
,the ,internal ,revenue ,code of #aihf  
is amended-- 7,a7 by redesignating      
section #ba1 as amended by subsection   
7a71 as section #cf;,c1 and  7,b7 by    
moving section #cf;,c1 as so            
redesignated1 from subpart ,a of part   
,,iv of subchapter ,a of chapter #a to  
the location immediately before section 
#cg in subpart ,c of part ,,iv of       
subchapter ,a of chapter #a4  7#b7      
,technical amendments  7,a7 ,paragraph  

7#a7 of section #bc7;f7 of the ,internal
 ,revenue ,code of #aihf is amended by  
striking #ba7;e7 and inserting          
#cf;,c7e74  7,b7 ,paragraph 7#f7 of     
section #ce7;g7 of such ,code is amended
 by striking #ba7;e7 and inserting      
#cf;,c7e74  7,c7 ,paragraph 7#a7 of     
section #cf;,c7a7 of such ,code 7as     
redesignated by paragraph 7#a77 is      
amended by striking this chapter and    
inserting this subtitle4  7,d7          
,subparagraph 7,c7 of section           
#abi7;a77#b7 of such ,code is amended by
 striking section #ba7;e7 and inserting 
section #cf;,c7e74  7,e7 ,paragraph 7#b7
 of section #abi7;b7 of such ,code is   
amended by striking section #ba7;d77#b7 
and inserting section #cf;,c7d77#b74    
7,f7 ,paragraph 7#a7 of section #abi7;e7
 of such ,code is amended by striking   
section #ba7;b77#b7 and inserting       
section #cf;,c7b77#b74  7,g7 ,subsection
 7e7 of section #bac of such ,code is   
amended by striking section #ba and     
inserting section #cf;,c4  7,h7         

,subparagraph 7,a7 of section           
#fbaa7;b77#d7 of such ,code is amended  
by inserting #cf;,c1 after #cf;,b14     
7,i7 ,subparagraph 7,h7 of section      
#fbac7;g77#b7 of such ,code is amended  
by striking section #ba and inserting   
section #cf;,c4  7,j7 ,subparagraph 7,l7
 of section #fbac7;g77#b7 of such ,code 
is amended by striking section #ba1 #bd1
 #cb1 and inserting section #bd1 #cb1   
#cf;,c14  7,k7 ,paragraph 7#b7 of       
section #acbd7;b7 of title #ca1 ,united 
,states ,code1 is amended by inserting  
#cf;,c1 after #cf;,b14  7,l7 ,the table 
of sections for subpart ,c of part ,,iv 
of subchapter ,a of chapter #a of the   
,internal ,revenue ,code of #aihf is    
amended by inserting after the item     
relating to section #cf;,b the          
following3  ,sec4 #cf;,c4 ,expenses for 
household and dependent care services   
necessary for gainful employment4  4    
7,m7 ,the table of sections for subpart 
,a of such part ,,iv of such ,code is   
amended by striking the item relating to

 section #ba4  7c7 ,effective date ,the 
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjad4