,,ii #aaeth ,,congress #ast ,session ,s4 #acga ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #ae1 #bjag,mr4 ,brown 7for himself1 ,mr4 ,durbin1 ,mr4 ,bennet1 ,mr4 ,schumer1 ,mr4 ,wyden1 ,mr4 ,cardin1 ,mr4 ,casey1 ,mrs4 ,gillibrand1 ,mr4 ,reed1 ,mr4 ,menendez1 ,ms4 ,harris1 ,mr4 ,blumenthal1 ,ms4 ,warren1 ,ms4 ,stabenow1 ,mrs4 ,feinstein1 ,ms4 ,cantwell1 ,mr4 ,van ,hollen1 ,mr4 ,whitehouse1 ,mrs4 ,shaheen1 ,mr4 ,nelson1 ,mr4 ,carper1 ,mrs4 ,mc,caskill1 ,mr4 ,booker1 ,ms4 ,baldwin1 ,ms4 ,klobuchar1 ,mr4 ,heinrich1 ,mr4 ,franken1 ,mr4 ,warner1 ,mr4 ,merkley1 ,mr4 ,markey1 ,ms4 ,hirono1 ,ms4 ,cortez ,masto1 ,mr4 ,coons1 ,mr4 ,sanders1 ,ms4 ,hassan1 ,ms4 ,duckworth1 ,mr4 ,king1 ,mr4 ,udall1 ,mr4 ,kaine1 ,mrs4 ,murray1 ,mr4 ,leahy1 ,mr4 ,tester1 ,mr4 ,peters1 ,mr4 ,murphy1 and ,mr4 ,schatz7 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 strengthen the earned income tax credit and the child tax credit4 #a4 ,short title ,this ,act may be cited as the ,working ,families ,tax ,relief ,act of #bjag4 #b4 ,strengthening the earned income tax credit 7a7 ,increased credit for individuals with no qualifying children 7#a7 ,in general ,the table in subparagraph 7,a7 of section #cb7;b77#b7 of the ,internal ,revenue ,code of #aihf is amended-- 7,a7 by striking #d1bbj in the second column and inserting #i1bcj2 and 7,b7 by striking #e1bhj in the last column and inserting #aj1ijj4 7#b7 ,inflation adjustments ,subparagraph 7,b7 of section #cb7;j77#a7 of the ,internal ,revenue ,code of #aihf is amended-- 7,a7 in clause 7i7-- 7i7 by inserting 7except as provided in clause 7iii77 after 7b77#b77;,a72 and 7ii7 by striking and at the end2 7,b7 in clause 7ii71 by striking the period at the end and inserting 1 and2 and 7,c7 by adding at the end the following new clause3 7iii7 in the case of the #i1bcj and #aj1ijj amounts in the table in subsection 7b77#b77;,a71 by substituting calendar year #bjaf for calendar year #aiib in subparagraph 7,b7 of such section #a4 4 7b7 ,credit increase and reduction in phaseout for individuals with no children ,the table contained in section #cb7;b77#a7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking #g4fe in the second column of the fourth row and inserting #ae4c2 and 7#b7 by striking #g4fe in the third column of the fourth row and inserting #ae4c4 7c7 ,credit allowed for certain childless individuals over age #ba ,subclause 7,,ii7 of section #cb7;c77#a77;,a77ii7 of the ,internal ,revenue ,code of #aihf is amended by striking age #be and inserting age #ba4 7d7 ,effective dates ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjaf4 #c4 ,strengthening the child tax credit 7a7 ,increase in amount of credit for taxpayers with young children ,subsection 7a7 of section #bd of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7a7 ,allowance of credit ,there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the sum of-- 7#a7 with respect to each qualifying child of the taxpayer who has not attained #f years of age before the close of such taxable year and for which the taxpayer is allowed a deduction under section #aea1 an amount equal to #c1jjj1 and 7#b7 with respect to each qualifying child of the taxpayer who has attained #f years of age before the close of such taxable year and for which the taxpayer is allowed a deduction under section #aea1 an amount equal to #a1jjj4 4 7b7 ,increase in portion of credit refundable for taxpayers with young children ,clause 7i7 of section #bd7;d77#a77;,b7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7i7 7,i7 in the case of a taxpayer with a qualifying child who has not attained #f years of age before the close of the taxable year1 #de percent of so much of the taxpayer's earned income 7within the meaning of section #cb7 which is taken into account in computing taxable income for the taxable year1 or 7,,ii7 in the case of a taxpayer not described in subclause 7,i71 #ae percent of so much of the taxpayer's earned income 7within the meaning of section #cb7 which is taken into account in computing taxable income for the taxable year as exceeds #c1jjj1 or 4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjaf4 #d4 ,indexing the child tax credit for inflation 7a7 ,inflation adjustments ,section #bd of the ,internal ,revenue ,code of #aihf1 as amended by section #c1 is amended by adding at the end the following new subsection3 7h7 ,inflation adjustments 7#a7 ,in general ,in the case of any taxable year beginning in a calendar year after #bjag1 each of the dollar amounts in subsections 7a7 and 7b77#b7 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 #bjaf for calendar year #aiib in subparagraph 7,b7 thereof4 7#b7 ,rounding ,any increase determined under the preceding sentence shall be rounded to the nearest multiple of #ej4 4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjag4 #e4 ,simplifying the earned income tax credit 7a7 ,modification of abandoned spouse rule 7#a7 ,in general ,section #cb7;c77#a7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new paragraph3 7,g7 ,certain married individuals living apart ,for purposes of this section1 an individual who-- 7i7 is married 7within the meaning of section #ggjc7;a77 and files a separate return for the taxable year1 7ii7 lives with a qualifying child of the individual for more than one-half of such taxable year1 and 7iii7 7,i7 during the last #f months of such taxable year1 does not have the same principal place of abode as the individual's spouse1 or 7,,ii7 has a legally binding separation agreement with the individual's spouse and is not a member of the same household with the individual's spouse by the end of the taxable year1 shall not be considered as married4 4 7#b7 ,conforming amendments 7,a7 ,the last sentence of section #cb7;c77#a77;,a7 of the ,internal ,revenue ,code of #aihf is amended by striking section #ggjc and inserting section #ggjc7;a74 7,b7 ,section #cb7;d7 of such ,code is amended by striking ,in the case of an individual who is married 7within the meaning of section #ggjc7 and inserting ,in the case of an individual who is married 7within the meaning of section #ggjc7;a77 and is not described in subsection 7c77#a77;,g74 7b7 ,elimination of disqualified investment income test 7#a7 ,in general ,section #cb of the ,internal ,revenue ,code of #aihf is amended by striking subsection 7i74 7#b7 ,conforming amendments 7,a7 ,section #cb7;j77#a77;,b77i7 of such ,code1 as amended by this ,act1 is amended by striking subsections 7b77#b77;,a7 and 7i77#a7 and inserting subsection 7b77#b77;,a74 7,b7 ,section #cb7;j77#b7 of such ,code is amended to read as follows3 7#b7 ,rounding ,if any dollar amount in subsection 7b77#b77;,a7 7after being increased under subparagraph 7,b7 thereof71 after being increased under paragraph 7#a71 is not a multiple of #aj1 such amount shall be rounded to the next nearest multiple of #aj4 4 7c7 ,simplification of rules regarding presence of qualifying child 7#a7 ,taxpayer eligible for credit for worker without qualifying child if qualifying child claimed by another member of family ,section #cb7;c77#a7 of the ,internal ,revenue ,code of #aihf1 as amended by this ,act1 is amended by adding at the end the following new paragraph3 7,h7 ,taxpayer eligible for credit for worker without qualifying child if qualifying child claimed by another member of family 7i7 ,general rule ,except as provided in clause 7ii71 in the case of #b or more eligible individuals who may claim for such taxable year the same individual as a qualifying child1 if such individual is claimed as a qualifying child by such an eligible individual1 then any other such eligible individual who does not make such a claim of such child or of any other qualifying child may be considered an eligible individual without a qualifying child for purposes of the credit allowed under this section for such taxable year4 7ii7 ,exception if qualifying child claimed by parent ,if an individual is claimed as a qualifying child for any taxable year by an eligible individual who is a parent of such child1 then no other custodial parent of such child who does not make such a claim of such child may be considered an eligible individual without a qualifying child for purposes of the credit allowed under this section for such taxable year4 4 7#b7 ,taxpayer eligible for credit for worker without qualifying child if qualifying children do not have valid social security number ,subparagraph 7,f7 of section #cb7;c77#a7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7,f7 ,individuals who do not include tin1 etc41 of any qualifying child ,in the case of any eligible individual who has one or more qualifying children1 if no qualifying child of such individual is taken into account under subsection 7b7 by reason of paragraph 7#c77;,d71 for purposes of the credit allowed under this section1 such individual may be considered an eligible individual without a qualifying child4 4 7d7 ,effective dates ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjaf4