,,ii  #aae? ,,congress  #a/ ,session    
,s4 #acga  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #ae1 #bjag,mr4   
,br[n 7= himself1 ,mr4 ,durb91 ,mr4     
,b5net1 ,mr4 ,s*um]1 ,mr4 ,wyd51 ,mr4   
,c>d91 ,mr4 ,casey1 ,mrs4 ,gillibr&1    
,mr4 ,re$1 ,mr4 ,m55dez1 ,ms4 ,h>ris1   
,mr4 ,blum5?al1 ,ms4 ,w>r51 ,ms4 ,/ab5[1
 ,mrs4 ,fe9/e91 ,ms4 ,cantwell1 ,mr4    
,van ,holl51 ,mr4 ,:iteh\se1 ,mrs4      
,%ahe51 ,mr4 ,nelson1 ,mr4 ,c>p]1 ,mrs4 
,mc,caskill1 ,mr4 ,book]1 ,ms4 ,baldw91 
,ms4 ,klobu*>1 ,mr4 ,he9ri*1 ,mr4       
,frank51 ,mr4 ,w>n]1 ,mr4 ,m]kley1 ,mr4 
,m>key1 ,ms4 ,hirono1 ,ms4 ,cortez      
,ma/o1 ,mr4 ,coons1 ,mr4 ,s&]s1 ,ms4    
,hassan1 ,ms4 ,duckwor?1 ,mr4 ,k+1 ,mr4 
,udall1 ,mr4 ,ka9e1 ,mrs4 ,murray1 ,mr4 
,leahy1 ,mr4 ,te/]1 ,mr4 ,pet]s1 ,mr4   
,murphy1 & ,mr4 ,s*atz7 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to /r5g!n ! e>n$ income tax cr$it 
& ! *ild tax cr$it4  #a4 ,%ort title    

,?is ,act may be cit$ z ! ,work+        
,families ,tax ,relief ,act ( #bjag4    
#b4 ,/r5g!n+ ! e>n$ income tax cr$it    
7a7 ,increas$ cr$it = individuals ) no  
qualify+ *ildr5  7#a7 ,9 g5]al ,! table 
9 subp>agraph 7,a7 ( section #cb7;b77#b7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$--  7,a7 by /rik+ #d1bbj 9 ! second
 column & ins]t+ #i1bcj2 &  7,b7 by     
/rik+ #e1bhj 9 ! la/ column & ins]t+    
#aj1ijj4  7#b7 ,inflation adju/m5ts     
,subp>agraph 7,b7 ( section #cb7;j77#a7 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$--  7,a7 9 clause 7i7--  7i7 by    
ins]t+ 7except z provid$ 9 clause 7iii77
 aft] 7b77#b77;,a72 &  7ii7 by /rik+ &  
at ! end2  7,b7 9 clause 7ii71 by /rik+ 
! p]iod at ! end & ins]t+ 1 &2 &  7,c7  
by add+ at ! end ! foll[+ new clause3   
7iii7 9 ! case ( ! #i1bcj & #aj1ijj     
am\nts 9 ! table 9 subsection           
7b77#b77;,a71 by sub/itut+ cal5d> ye>   
#bjaf = cal5d> ye> #aiib 9 subp>agraph  
7,b7 ( su* section #a4  4  7b7 ,cr$it   
increase & r$uction 9 phase\t =         

individuals ) no *ildr5 ,! table conta9$
 9 section #cb7;b77#a7 ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$--  7#a7  
by /rik+ #g4fe 9 ! second column ( !    
f\r? r[ & ins]t+ #ae4c2 &  7#b7 by /rik+
 #g4fe 9 ! ?ird column ( ! f\r? r[ &    
ins]t+ #ae4c4  7c7 ,cr$it all[$ = c]ta9 
*ildless individuals ov] age #ba        
,subclause 7,,ii7 ( section             
#cb7;c77#a77;,a77ii7 ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
age #be & ins]t+ age #ba4  7d7          
,effective dates ,! am5dm5ts made by ?is
 section %all apply to taxable ye>s     
beg9n+ aft] ,decemb] #ca1 #bjaf4  #c4   
,/r5g!n+ ! *ild tax cr$it  7a7 ,increase
 9 am\nt ( cr$it = taxpay]s ) "y *ildr5 
,subsection 7a7 ( section #bd ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
to read z foll[s3  7a7 ,all[ance ( cr$it
 ,!re %all be all[$ z a cr$it aga9/ !   
tax impos$ by ?is *apt] = ! taxable ye> 
an am\nt equal to ! sum (--  7#a7 )     
respect to ea* qualify+ *ild ( ! taxpay]
 :o has n atta9$ #f ye>s ( age be=e !   

close ( su* taxable ye> & = :i* !       
taxpay] is all[$ a d$uction "u section  
#aea1 an am\nt equal to #c1jjj1 &  7#b7 
) respect to ea* qualify+ *ild ( !      
taxpay] :o has atta9$ #f ye>s ( age be=e
 ! close ( su* taxable ye> & = :i* !    
taxpay] is all[$ a d$uction "u section  
#aea1 an am\nt equal to #a1jjj4  4  7b7 
,increase 9 portion ( cr$it refundable =
 taxpay]s ) "y *ildr5 ,clause 7i7 (     
section #bd7;d77#a77;,b7 ( ! ,int]nal   
,rev5ue ,code ( #aihf is am5d$ to read z
 foll[s3  7i7 7,i7 9 ! case ( a taxpay] 
) a qualify+ *ild :o has n atta9$ #f    
ye>s ( age be=e ! close ( ! taxable ye>1
 #de p]c5t ( s mu* ( ! taxpay]'s e>n$   
income 7)9 ! mean+ ( section #cb7 :i* is
 tak5 into acc\nt 9 comput+ taxable     
income = ! taxable ye>1 or  7,,ii7 9 !  
case ( a taxpay] n describ$ 9 subclause 
7,i71 #ae p]c5t ( s mu* ( ! taxpay]'s   
e>n$ income 7)9 ! mean+ ( section #cb7  
:i* is tak5 into acc\nt 9 comput+       
taxable income = ! taxable ye> z exce$s 
#c1jjj1 or  4  7c7 ,effective date ,!   

am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjaf4  #d4 ,index+ ! *ild tax     
cr$it = inflation  7a7 ,inflation       
adju/m5ts ,section #bd ( ! ,int]nal     
,rev5ue ,code ( #aihf1 z am5d$ by       
section #c1 is am5d$ by add+ at ! end ! 
foll[+ new subsection3  7h7 ,inflation  
adju/m5ts  7#a7 ,9 g5]al ,9 ! case ( any
 taxable ye> beg9n+ 9 a cal5d> ye> aft] 
#bjag1 ea* ( ! doll> am\nts 9           
subsections 7a7 & 7b77#b7 %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> #bjaf = cal5d> ye> #aiib 9   
subp>agraph 7,b7 !re(4  7#b7 ,r\nd+ ,any
 increase det]m9$ "u ! prec$+ s5t5ce    
%all be r\nd$ to ! ne>e/ multiple ( #ej4
  4  7b7 ,effective date ,! am5dm5t made
 by ?is section %all apply to taxable   
ye>s beg9n+ aft] ,decemb] #ca1 #bjag4   
#e4 ,simplify+ ! e>n$ income tax cr$it  

7a7 ,modification ( ab&on$ sp\se rule   
7#a7 ,9 g5]al ,section #cb7;c77#a7 ( !  
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new p>agraph3 
7,g7 ,c]ta9 m>ri$ individuals liv+ ap>t 
,= purposes ( ?is section1 an individual
 :o--  7i7 is m>ri$ 7)9 ! mean+ (       
section #ggjc7;a77 & files a sep>ate    
return = ! taxable ye>1  7ii7 lives ) a 
qualify+ *ild ( ! individual = m ?an    
"o-half ( su* taxable ye>1 &  7iii7 7,i7
 dur+ ! la/ #f mon?s ( su* taxable ye>1 
does n h ! same pr9cipal place ( abode z
 ! individual's sp\se1 or  7,,ii7 has a 
legally b9d+ sep>ation agreem5t ) !     
individual's sp\se & is n a memb] ( !   
same h\sehold ) ! individual's sp\se by 
! end ( ! taxable ye>1  %all n be       
consid]$ z m>ri$4  4  7#b7 ,con=m+      
am5dm5ts  7,a7 ,! la/ s5t5ce ( section  
#cb7;c77#a77;,a7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by /rik+ section 
#ggjc & ins]t+ section #ggjc7;a74  7,b7 
,section #cb7;d7 ( su* ,code is am5d$ by
 /rik+ ,9 ! case ( an individual :o is  

m>ri$ 7)9 ! mean+ ( section #ggjc7 &    
ins]t+ ,9 ! case ( an individual :o is  
m>ri$ 7)9 ! mean+ ( section #ggjc7;a77 &
 is n describ$ 9 subsection             
7c77#a77;,g74  7b7 ,elim9ation (        
disqualifi$ inve/m5t income te/  7#a7 ,9
 g5]al ,section #cb ( ! ,int]nal ,rev5ue
 ,code ( #aihf is am5d$ by /rik+        
subsection 7i74  7#b7 ,con=m+ am5dm5ts  
7,a7 ,section #cb7;j77#a77;,b77i7 ( su* 
,code1 z am5d$ by ?is ,act1 is am5d$ by 
/rik+ subsections 7b77#b77;,a7 & 7i77#a7
 & ins]t+ subsection 7b77#b77;,a74  7,b7
 ,section #cb7;j77#b7 ( su* ,code is    
am5d$ to read z foll[s3  7#b7 ,r\nd+ ,if
 any doll> am\nt 9 subsection           
7b77#b77;,a7 7aft] be+ increas$ "u      
subp>agraph 7,b7 !re(71 aft] be+        
increas$ "u p>agraph 7#a71 is n a       
multiple ( #aj1 su* am\nt %all be r\nd$ 
to ! next ne>e/ multiple ( #aj4  4  7c7 
,simplification ( rules reg>d+ pres5ce (
 qualify+ *ild  7#a7 ,taxpay] eligible =
 cr$it = work] )\t qualify+ *ild if     
qualify+ *ild claim$ by ano!r memb] (   

family ,section #cb7;c77#a7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf1 z am5d$ by ?is  
,act1 is am5d$ by add+ at ! end ! foll[+
 new p>agraph3  7,h7 ,taxpay] eligible =
 cr$it = work] )\t qualify+ *ild if     
qualify+ *ild claim$ by ano!r memb] (   
family  7i7 ,g5]al rule ,except z       
provid$ 9 clause 7ii71 9 ! case ( #b or 
m eligible individuals :o may claim =   
su* taxable ye> ! same individual z a   
qualify+ *ild1 if su* individual is     
claim$ z a qualify+ *ild by su* an      
eligible individual1 !n any o!r su*     
eligible individual :o does n make su* a
 claim ( su* *ild or ( any o!r qualify+ 
*ild may be consid]$ an eligible        
individual )\t a qualify+ *ild =        
purposes ( ! cr$it all[$ "u ?is section 
= su* taxable ye>4  7ii7 ,exception if  
qualify+ *ild claim$ by p>5t ,if an     
individual is claim$ z a qualify+ *ild =
 any taxable ye> by an eligible         
individual :o is a p>5t ( su* *ild1 !n  
no o!r cu/odial p>5t ( su* *ild :o does 
n make su* a claim ( su* *ild may be    

consid]$ an eligible individual )\t a   
qualify+ *ild = purposes ( ! cr$it all[$
 "u ?is section = su* taxable ye>4  4   
7#b7 ,taxpay] eligible = cr$it = work]  
)\t qualify+ *ild if qualify+ *ildr5 d n
 h valid social security numb]          
,subp>agraph 7,f7 ( section #cb7;c77#a7 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$ to read z foll[s3  7,f7           
,individuals :o d n include t91 etc41 ( 
any qualify+ *ild ,9 ! case ( any       
eligible individual :o has "o or m      
qualify+ *ildr51 if no qualify+ *ild (  
su* individual is tak5 into acc\nt "u   
subsection 7b7 by reason ( p>agraph     
7#c77;,d71 = purposes ( ! cr$it all[$ "u
 ?is section1 su* individual may be     
consid]$ an eligible individual )\t a   
qualify+ *ild4  4  7d7 ,effective dates 
,! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjaf4