,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #fjcb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #ad1        
#bjaf,mr4 ,p]lmutt] introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to       
provide a tax cr$it = pur*ase ( data    
brea* insurance4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,data ,brea*       
,insurance ,act4  #b4 ,cr$its = pur*ase 
( data brea* insurance  7a7 ,9 g5]al    
,subp>t ,d ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf 7relat+ to bus9ess relat$ cr$its7 
is am5d$ by add+ at ! end ! foll[+ new  
section3  #de,s4 ,data brea* insurance  
7a7 ,9 g5]al ,= purposes ( section #ch1 
! data brea* insurance cr$it det]m9$ "u 
?is section = ! taxable ye> is an am\nt 
equal to #ae p]c5t ( ! aggregate        
premiums paid or incurr$ by ! taxpay]   
dur+ su* taxable ye> = qualifi$ data    
brea* insurance4  7b7 ,qualifi$ data    
brea* insurance  7#a7 ,9 g5]al ,=       

purposes ( ?is section1 ! t]m qualifi$  
data brea* insurance means cov]age      
provid$ by an insurance company =       
exp5ses or losses 9 connection ) ! !ft1 
loss1 disclosure1 inaccessibility1 or   
manipulation1 ( data4  7#b7             
,cyb]security framework requirem5t ,su* 
t]m %all n include cov]age = any p]iod  
unless ! taxpay] has adopt$1 & is 9     
compliance )1 "o ( ! foll[+ ) respect to
 su* p]iod3 7,a7 ,v]sion #a4j ( !       
,framework = ,improv+ ,critical         
,infra/ructure ,cyb]security publi%$ by 
! ,national ,in/itute ( ,/&>ds &        
,te*nology z 9 effect on ,febru>y #ab1  
#bjad1 or subsequ5t v]sions or          
it]ations4  7,b7 ,any simil> /&>d       
specifi$ by ! ,secret>y 7aft]           
consultation ) ! ,secret>y ( ,homel&    
,security & ! ,secret>y ( ,comm]ce7 =   
purposes ( ?is p>agraph4  7#c7          
,insurance company ,! t]m insurance     
company means any corporation subject to
 tax "u sub*apt] ,l 7or :i* w\ld be s   
subject if su* corporation 7 a dome/ic  

corporation74  7#d7 ,treatm5t (         
insurance cov]+ m ?an data ,9 ! case (  
cov]age "u :i* am\nts are payable = o!r 
?an exp5ses or losses describ$ 9        
p>agraph 7#a7-- 7,a7 no am\nt %all be   
treat$ z premiums = qualifi$ data brea* 
insurance unless ! *>ge = su* insurance 
is ei!r sep>ately /at$ 9 ! contract1 or 
furni%$ to ! policyhold] by ! insurance 
company 9 a sep>ate /atem5t1  7,b7 !    
am\nt tak5 into acc\nt z ! premium paid 
or incurr$ = su* insurance %all n exce$ 
su* *>ge1 &  7,c7 no am\nt %all be      
treat$ z paid or incurr$ = su* insurance
 if ! am\nt specifi$ 9 ! contract 7or   
furni%$ to ! policyhold] by ! insurance 
company 9 a sep>ate /atem5t7 z ! *>ge = 
su* insurance is unreasonably l>ge 9    
relation to ! total *>ges "u ! contract4
  7c7 ,premiums mu/ be trade or bus9ess 
exp5se ,premiums %all be tak5 into      
acc\nt "u subsection 7a7 only if su*    
premiums are paid or incurr$ 9 ! ord9>y 
c\rse ( ! taxpay]'s trade or bus9ess4   
7d7 ,t]m9ation ,no cr$it %all be det]m9$

 "u ?is section = any taxable ye> beg9n+
 aft] ! date :i* is #e ye>s aft] ! date 
( ! enactm5t ( ?is section4  4  7b7     
,con=m+ am5dm5ts  7#a7 ,section #ch7;b7 
( su* ,code is am5d$ by /rik+ plus at ! 
end ( p>agraph 7#ce71 by /rik+ ! p]iod  
at ! end ( p>agraph 7#cf71 & ins]t+ 1   
plus1 & by add+ at ! end ! foll[+ new   
p>agraph3  7#cg7 ! data brea* insurance 
cr$it det]m9$ "u section #de,s4  4  7#b7
 ,! 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 ,data brea*    
insurance4  4  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ! date ( !  
enactm5t ( ?is ,act4