,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #adib  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ai1 #bjae ,ms4  
,edw>ds 7= h]self1 ,ms4 ,de,lauro1 ,mr4 
,cony]s1 ,mr4 ,blum5au]1 ,mrs4 ,bu/os1  
,mrs4 ,capps1 ,ms4 ,ca/or ( ,florida1   
,mr4 ,delaney1 ,ms4 ,del,bene1 ,ms4     
,fudge1 ,mr4 ,ha/+s1 ,ms4 ,mc,collum1   
,mr4 ,mc,dermott1 ,mr4 ,nadl]1 ,ms4     
,norton1 ,mr4 ,p]lmutt]1 ,ms4 ,p+ree1   
,mr4 ,ru%1 ,ms4 ,s*ak[sky1 ,ms4         
,slaught]1 ,ms4 ,spei]1 & ,ms4 ,wass]man
 ,s*ultz7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to increase &     
improve ! cr$it = dep5d5t c>e exp5ses & 
to provide a cr$it = education (        
employees ( *ild c>e c5t]s4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,*ild   
,c>e ,access & ,refundability ,expansion
 ,act or z ! ,*ild ,,c>e ,act4  #b4     
,cr$it = dep5d5t c>e exp5ses  7a7 ,cr$it
 made refundable  7#a7 ,9 g5]al ,!      
,int]nal ,rev5ue ,code ( #aihf is am5d$ 

by r$esignat+ section #ba z section     
#cf;,c & by mov+ su* section aft]       
section #cf;,b4  7#b7 ,cr$it n all[$ =  
s]vices provid$ outside ! ,unit$ ,/ates 
,section #cf;,c7b77#b77;,a7 ( su* ,code1
 z r$esignat$ by ?is section1 is am5d$  
by add+ at ! end ! foll[+3 ,su* t]m %all
 n include any am\nt paid = s]vices     
provid$ outside ! ,unit$ ,/ates44  7#c7 
,con=m+ am5dm5ts  7,a7 ,section         
#bc7;f77#a7 ( su* ,code is am5d$ by     
/rik+ section #ba7;e7 & ins]t+ section  
#cf;,c7e74  7,b7 ,section #ce7;g77#f7 ( 
su* ,code is am5d$ by /rik+ section     
#ba7;e7 & ins]t+ section #cf;,c7e74     
7,c7 ,section #cf;,c7a77#a7 ( su* ,code1
 z r$esignat$ by ?is section1 is am5d$  
by /rik+ ?is *apt] & ins]t+ ?is         
subtitle4  7,d7 ,section                
#abi7;a77#b77;,c7 ( su* ,code is am5d$  
by /rik+ section #ba7;e7 & ins]t+       
section #cf;,c7e74  7,e7 ,section       
#abi7;b77#b7 ( su* ,code is am5d$ by    
/rik+ section #ba7;d77#b7 & ins]t+      
section #cf;,c7d77#b74  7,f7 ,section   

#abi7;e77#a7 ( su* ,code is am5d$ by    
/rik+ section #ba7;b77#b7 & ins]t+      
section #cf;,c7b77#b74  7,g7 ,section   
#bac7;e7 ( su* ,code is am5d$ by /rik+  
section #ba & ins]t+ section #cf;,c4    
7,h7 ,section #fbaa7;b77#d77;,a7 ( su*  
,code is am5d$ by ins]t+ #cf;,c1 aft]   
#cf;,b14  7,i7 ,section                 
#fbac7;g77#b77;,h7 ( su* ,code is am5d$ 
by /rik+ section #ba & ins]t+ section   
#cf;,c4  7,j7 ,section #fbac7;g77#b77,l7
 ( su* ,code is am5d$ by /rik+ section  
#ba1 #bd1 #cb1 or #fdbh & ins]t+ section
 #bd1 #cb1 #cf;,c1 or #fdbh4  7,k7      
,p>agraph 7#b7 ( section #acbd7;b7 (    
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by ins]t+ #cf;,c1 aft] #cf;,b14  7,l7  
,! table ( sections = subp>t ,a ( "p    
,,iv ( sub*apt] ,a ( *apt] #a ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ ! item relat+ to section #ba4  
7,m7 ,! table ( sections = subp>t ,c (  
"p ,,iv ( sub*apt] ,a ( *apt] #a ( su*  
,code is am5d$ by ins]t+ aft] ! item    
relat+ to section #cf;,b ! foll[+ new   

item3  ,sec4 #cf;,c4 ,exp5ses = h\sehold
 & dep5d5t c>e s]vices necess>y = ga9ful
 employm5t4  4  7b7 ,increase 9 doll>   
limitation ,section #cf;,c7c7 ( su*     
,code1 z r$esignat$ by ?is section1 is  
am5d$-- 7#a7 by /rik+ #c1jjj 9 p>agraph 
7#a7 & ins]t+ #h1jjj1 &  7#b7 by /rik+  
#f1jjj 9 p>agraph 7#b7 & ins]t+ twice ! 
doll> am\nt 9 effect "u p>agraph 7#a74  
7c7 ,cr$it all[$ = #ej p]c5t ( qualifi$ 
exp5ses ,section #cf;,c7a77#b7 ( su*    
,code1 z r$esignat$ by ?is section1 is  
am5d$ by /rik+ #ce p]c5t & all t foll[s 
& ins]t+ #ej p]c5t44  7d7 ,income       
limitation ,section #cf;,c7a7 ( su*     
,code1 z r$esignat$ by ?is section1 is  
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#c7 ,income limitation ,no  
cr$it %all be all[$ "u p>agraph 7#a7 )  
respect to any taxpay] = any taxable ye>
 if ! taxpay]'s adju/$ gross income =   
su* taxable ye> exce$s #bjj1jjj4  4  7e7
 ,inflation adju/m5t ( doll> & income   
limitations ,section #cf;,c7e7 ( su*    
,code1 z r$esignat$ by ?is section1 is  

am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#aa7 ,inflation adju/m5t    
7,a7 ,9 g5]al ,9 ! case ( any taxable   
ye> beg9n+ 9 a cal5d> ye> aft] #bjae1 ! 
#h1jjj am\nt 9 subsection 7c77#a7 & !   
#bjj1jjj am\nt 9 subsection 7a77#c7 %all
 ea* be increas$ by an am\nt equal to-- 
7i7 su* doll> am\nt1 multipli$ by  7ii7 
! co/-(-liv+ adju/m5t det]m9$ "u section
 #a7;f77#c7 = ! cal5d> ye> 9 :i* !      
taxable ye> beg9s1 det]m9$ by sub/itut+ 
cal5d> ye> #bjad = cal5d> ye> #aiib 9   
subp>agraph 7,b7 !re(4  7,b7 ,r\nd+ ,any
 increase det]m9$ "u subp>agraph 7,a7   
%all be r\nd$ to ! ne>e/ multiple (     
#ajj4  4  7f7 ,effective date ,!        
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjad4  #c4 ,cr$it = education (   
employees ( *ild c>e c5t]s  7a7 ,9 g5]al
 ,subp>t ,d ( "p ,,iv ( sub*apt] ,a (   
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end ! foll[+
 new section3  #de,s4 ,*ild c>e c5t]    
education cr$it  7a7 ,9 g5]al ,= !      

purposes ( section #ch1 ! *ild c>e c5t] 
education cr$it det]m9$ "u ?is section =
 ! taxable ye> is an am\nt equal to #ej 
p]c5t ( s mu* ( ! *ild c>e educational  
exp5ses paid or incurr$ by ! taxpay] )  
respect to ! op]ation ( a qualifi$ *ild 
c>e c5t] dur+ ! taxable ye>4  7b7       
,limitation ,! *ild c>e educational     
exp5ses tak5 into acc\nt "u subsection  
7a7 ) respect to any eligible employee (
 ! taxpay] = any taxable ye> %all n     
exce$ #a1jjj4  7c7 ,def9itions ,=       
purposes ( ?is section--  7#a7 ,*ild c>e
 educational exp5ses  7,a7 ,9 g5]al ,!  
t]m *ild c>e educational exp5ses means1 
) respect to any eligible employee1     
exp5ses paid or incurr$ by ! taxpay] to 
an eligible educational in/itution 7z   
def9$ 9 section #be;,a7f77#b77 = classes
 relat$ to e>ly *ildhood education or   
developm5t or *ild c>e c]tification4    
7,b7 ,eligible employee ,! t]m eligible 
employee means any employee ( ! taxpay] 
^: prim>y job function is provid+ c>e to
 *ildr5 9 a qualifi$ *ild c>e c5t]4     

7#b7 ,qualifi$ *ild c>e c5t] ,! t]m     
qualifi$ *ild c>e c5t] means any dep5d5t
 c>e c5t] 7z def9$ 9 section            
#cf;,c7b77#b77;,d77 locat$ 9 ! ,unit$   
,/ates :i* meets ! requirem5ts ( section
 #cf;,c7b77#b77;,c77i74  7d7 ,d5ial (   
d\ble b5efit ,no d$uction %all be all[$ 
"u ?is *apt] = ! portion ( ! exp5ses    
o!rwise all[able z a d$uction t are tak5
 into acc\nt 9 det]m9+ ! cr$it "u ?is   
section = ! taxable ye>4  4  7b7 ,cr$it 
,to be "p ( g5]al bus9ess cr$it         
,subsection 7b7 ( section #ch ( su*     
,code is am5d$ by /rik+ plus at ! end ( 
p>agraph 7#ce71 by /rik+ ! p]iod at !   
end ( p>agraph 7#cf7 & ins]t+ 1 plus1 & 
by add+ at ! end ! foll[+ new p>agraph3 
7#cg7 ! *ild c>e c5t] education cr$it   
det]m9$ "u section #de,s7a74  4  7c7    
,cl]ical am5dm5t ,! table ( sections =  
subp>t ,d ( "p ,,iv ( sub*apt] ,a (     
*apt] #a ( su* ,code is am5d$ by add+ at
 ! end ! foll[+ new item3  ,sec4 #de,s4 
,*ild c>e c5t] education cr$it4  4  7d7 
,effective date ,! am5dm5ts made by ?is 

section %all apply to exp5ses paid or   
incurr$ aft] ! date ( ! enactm5t ( ?is  
,act1 9 taxable ye>s end+ aft] su* date4