,,ii  #aad? ,,congress  #a/ ,session    
,s4 #hbj  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #ai1 #bjae ,mr4   
,casey introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to enhance ! ,*ild
 & ,dep5d5t ,c>e ,tax ,cr$it & make !   
cr$it fully refundable4  #a4 ,%ort title
  ,?is ,act may be cit$ z ! ,*ild &     
,dep5d5t ,c>e ,tax ,cr$it ,enhancem5t   
,act ( #bjae4  #b4 ,enhancem5t ( ,*ild &
 ,dep5d5t ,c>e ,tax ,cr$it  7a7 ,9 g5]al
 ,p>agraph 7#b7 ( section #ba7;a7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
to read z foll[s3  7#b7 ,applicable     
p]c5tage ,= purposes ( p>agraph 7#a71 ! 
t]m applicable p]c5tage means--  7,a7 9 
! case ( employm5t-relat$ exp5ses       
incurr$ = ! c>e ( a qualify+ individual 
:o has n atta9$ #e ye>s ( age be=e !    
close ( ! taxable ye>1 #ej-p]c5t r$uc$  
7b n bel[ #bj p]c5t7 by #a p]c5tage po9t
 = ea* #b1jjj 7or fraction !re(7 by :i* 
! taxpay]'s adju/$ gross income = !     

taxable ye> exce$s #abj1jjj1 &  7,b7 9 !
 case ( any employm5t-relat$ exp5ses :i*
 are n describ$ 9 subp>agraph 7,a71     
#ce-p]c5t r$uc$ 7b n bel[ #bj p]c5t7 by 
#a p]c5tage po9t = ea* #b1jjj 7or       
fraction !re(7 by :i* ! taxpay]'s adju/$
 gross income = ! taxable ye> exce$s    
#abj1jjj4  4  7b7 ,increase 9 doll>     
limit on am\nt cr$itable ,p>agraphs 7#a7
 & 7#b7 ( section #ba7;c7 ( su* ,code   
are am5d$ to read z foll[s3  7#a7 9 !   
case ( #a qualify+ individual ) respect 
to ! taxpay] = su* taxable ye>--  7,a7  
if su* qualify+ individual has atta9$ #e
 ye>s ( age be=e ! close ( ! taxable    
ye>1 #c1jjj1 or  7,b7 if su* qualify+   
individual has n atta9$ #e ye>s ( age   
be=e ! close ( ! taxable ye>1 #f1jjj1 or
  7#b7 9 ! case ( #b or m qualify+      
individuals ) respect to ! taxpay] = su*
 taxable ye>-- 7,a7 if #a ( su* qualify+
 individuals has n atta9$ #e ye>s ( age 
be=e ! close ( ! taxable ye>1 #i1jjj1 or
  7,b7 if #b or m ( su* qualify+        
individuals h n atta9$ #e ye>s ( age    

be=e ! close ( ! taxable ye>1 #ab1jjj4  
4  7c7 ,adju/m5t = inflation ,section   
#ba ( su* ,code is am5d$-- 7#a7 by      
r$esignat+ subsection 7f7 z subsection  
7g71 &  7#b7 by ins]t+ aft] subsection  
7e7 ! foll[+ new subsection3  7f7       
,inflation adju/m5t  7#a7 ,9 g5]al ,9 ! 
case ( a cal5d> ye> beg9n+ aft] #bjaf1 !
 #abj1jjj doll> am\nts 9 subp>agraphs   
7,a7 & 7,b7 ( subsection 7a77#b7 & !    
doll> am\nts 9 subsection 7c7 %all ea*  
be increas$ by an am\nt equal to--  7,a7
 su* doll> am\nt1 multipli$ by  7,b7 !  
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> #bjae = cal5d> ye> #aiib 9   
subp>agraph 7,b7 !re(4  7#b7 ,r\nd+ ,if 
any doll> am\nt1 aft] be+ increas$ "u   
p>agraph 7#a71 is n a multiple ( #ajj1  
su* doll> am\nt %all be r\nd$ to ! next 
l[e/ multiple ( #ajj4  4  7d7 ,cr$it ,to
 ,be ,refundable  7#a7 ,9 g5]al ,!      
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7,a7 by r$esignat+ section #ba z

 section #cf;,c1 &  7,b7 by mov+ section
 #cf;,c1 z s r$esignat$1 f subp>t ,a (  
"p ,,iv ( sub*apt] ,a ( *apt] #a to !   
location imm$iately be=e section #cg 9  
subp>t ,c ( "p ,,iv ( sub*apt] ,a (     
*apt] #a4  7#b7 ,te*nical am5dm5ts  7,a7
 ,p>agraph 7#a7 ( section #bc7;f7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ #ba7;e7 & ins]t+ #cf;,c7e74    
7,b7 ,p>agraph 7#f7 ( section #ce7;g7 ( 
su* ,code is am5d$ by /rik+ #ba7;e7 &   
ins]t+ #cf;,c7e74  7,c7 ,p>agraph 7#a7 (
 section #cf;,c7a7 ( su* ,code 7z       
r$esignat$ by p>agraph 7#a77 is am5d$ by
 /rik+ ?is *apt] & ins]t+ ?is subtitle4 
7,d7 ,subp>agraph 7,c7 ( section        
#abi7;a77#b7 ( su* ,code is am5d$ by    
/rik+ section #ba7;e7 & ins]t+ section  
#cf;,c7e74  7,e7 ,p>agraph 7#b7 (       
section #abi7;b7 ( su* ,code is am5d$ by
 /rik+ section #ba7;d77#b7 & ins]t+     
section #cf;,c7d77#b74  7,f7 ,p>agraph  
7#a7 ( section #abi7;e7 ( su* ,code is  
am5d$ by /rik+ section #ba7;b77#b7 &    
ins]t+ section #cf;,c7b77#b74  7,g7     

,subsection 7e7 ( section #bac ( su*    
,code is am5d$ by /rik+ section #ba &   
ins]t+ section #cf;,c4  7,h7            
,subp>agraph 7,h7 ( section             
#fbac7;g77#b7 ( su* ,code is am5d$ by   
/rik+ section #ba & ins]t+ section      
#cf;,c4  7,i7 ,subp>agraph 7,l7 (       
section #fbac7;g77#b7 ( su* ,code is    
am5d$ by /rik+ section #ba1 #bd1 or #cb1
 & ins]t+ section #bd1 #cb1 or #cf;,c14 
7,j7 ,p>agraph 7#b7 ( section #acbd7;b7 
( title #ca1 ,unit$ ,/ates ,code1 is    
am5d$ by ins]t+ #cf;,c1 aft] #cf;,b14   
7,k7 ,! table ( sections = subp>t ,c (  
"p ,,iv ( sub*apt] ,a ( *apt] #a ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] ! item relat+ to section 
#cf;,b ! foll[+3  ,sec4 #cf;,c4 ,exp5ses
 = h\sehold & dep5d5t c>e s]vices       
necess>y = ga9ful employm5t4  4  7,l7 ,!
 table ( sections = subp>t ,a ( su* "p  
,,iv is am5d$ by /rik+ ! item relat+ to 
section #ba4  7e7 ,effective date ,!    
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    

#ca1 #bjae4