,,ii  #aadth ,,congress  #ast ,session  
,s4 #hbj  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #ai1 #bjae   
,mr4 ,casey 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 ,child and     
,dependent ,care ,tax ,credit and make  
the credit fully refundable4  #a4 ,short
 title  ,this ,act may be cited as the  
,child and ,dependent ,care ,tax ,credit
 ,enhancement ,act of #bjae4  #b4       
,enhancement of ,child and ,dependent   
,care ,tax ,credit  7a7 ,in general     
,paragraph 7#b7 of section #ba7;a7 of   
the ,internal ,revenue ,code of #aihf is
 amended to read as follows3  7#b7      
,applicable percentage ,for purposes of 
paragraph 7#a71 the term applicable     
percentage means--  7,a7 in the case of 
employment-related expenses incurred for
 the care of a qualifying individual who
 has not attained #e years of age before
 the close of the taxable year1         

#ej-percent reduced 7but not below #bj  
percent7 by #a percentage point for each
 #b1jjj 7or fraction thereof7 by which  
the taxpayer's adjusted gross income for
 the taxable year exceeds #abj1jjj1 and 
7,b7 in the case of any                 
employment-related expenses which are   
not described in subparagraph 7,a71     
#ce-percent reduced 7but not below #bj  
percent7 by #a percentage point for each
 #b1jjj 7or fraction thereof7 by which  
the taxpayer's adjusted gross income for
 the taxable year exceeds #abj1jjj4  4  
7b7 ,increase in dollar limit on amount 
creditable ,paragraphs 7#a7 and 7#b7 of 
section #ba7;c7 of such ,code are       
amended to read as follows3  7#a7 in the
 case of #a qualifying individual with  
respect to the taxpayer for such taxable
 year--  7,a7 if such qualifying        
individual has attained #e years of age 
before the close of the taxable year1   
#c1jjj1 or  7,b7 if such qualifying     
individual has not attained #e years of 
age before the close of the taxable     

year1 #f1jjj1 or  7#b7 in the case of #b
 or more qualifying individuals with    
respect to the taxpayer for such taxable
 year-- 7,a7 if #a of such qualifying   
individuals has not attained #e years of
 age before the close of the taxable    
year1 #i1jjj1 or  7,b7 if #b or more of 
such qualifying individuals have not    
attained #e years of age before the     
close of the taxable year1 #ab1jjj4  4  
7c7 ,adjustment for inflation ,section  
#ba of such ,code 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 a      
calendar year beginning after #bjaf1 the
 #abj1jjj dollar amounts in             
subparagraphs 7,a7 and 7,b7 of          
subsection 7a77#b7 and 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 determined by substituting      
calendar year #bjae for calendar year   
#aiib in subparagraph 7,b7 thereof4     
7#b7 ,rounding ,if any dollar amount1   
after being increased under paragraph   
7#a71 is not a multiple of #ajj1 such   
dollar amount shall be rounded to the   
next lowest multiple of #ajj4  4  7d7   
,credit ,to ,be ,refundable  7#a7 ,in   
general ,the ,internal ,revenue ,code of
 #aihf is amended-- 7,a7 by             
redesignating section #ba 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,h7 of section           
#fbac7;g77#b7 of such ,code is amended  
by striking section #ba and inserting   
section #cf;,c4  7,i7 ,subparagraph 7,l7

 of section #fbac7;g77#b7 of such ,code 
is amended by striking section #ba1 #bd1
 or #cb1 and inserting section #bd1 #cb1
 or #cf;,c14  7,j7 ,paragraph 7#b7 of   
section #acbd7;b7 of title #ca1 ,united 
,states ,code1 is amended by inserting  
#cf;,c1 after #cf;,b14  7,k7 ,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,l7 ,the table of sections for subpart 
,a of such part ,,iv is amended by      
striking the item relating to section   
#ba4  7e7 ,effective date ,the          
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjae4