,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fced  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bc1 #bjbj,mr4   
,k9d 7= himself1 ,mr4 ,rice ( ,s\?      
,c>ol9a1 ,ms4 ,sewell ( ,alabama1 & ,mr4
 ,kelly ( ,p5nsylvania7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to provide a "o-"t em]g5cy tax    
cr$it to small bus9esses to cov] r5t &  
mortgage paym5ts4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,small ,bus9ess    
,assi/ance ,act ( #bjbj4  #b4 ,tax cr$it
 to small bus9esses to cov] r5t &       
mortgage paym5ts  7a7 ,all[ance ( cr$it 
7#a7 ,9 g5]al ,9 ! case ( an eligible   
small bus9ess1 !re %all be all[$ z a    
cr$it aga9/ ! tax impos$ by *apt] #a ( !
 ,int]nal ,rev5ue ,code ( #aihf = ! fir/
 taxable ye> beg9n+ on or aft] ,janu>y  
#a1 #bjai1 an am\nt equal to ! sum ( any
 qualifi$ r5t or mortgage exp5ditures   
:i*-- 7,a7 relate to any real prop]ty   
:i* is prim>ily us$ 9 a trade or bus9ess

 ( su* eligible small bus9ess :i* is a  
qualifi$ trade or bus9ess 7z def9$ 9    
section #aii;,a7d771 &  7,b7 are paid or
 incurr$ by su* eligible small bus9ess  
dur+ ! fir/ #d mon?s ( #bjbj4  7#b7     
,limitation ,! am\nt ( ! cr$it all[able 
to a taxpay] "u p>agraph 7#a7 = any     
taxable ye> %all n exce$ #ej1jjj4  7b7  
,eligible small bus9ess ,= purposes (   
?is section-- 7#a7 ,9 g5]al ,! t]m      
eligible small bus9ess means1 ) respect 
to cal5d> ye> #bjai1 an employ] :o has  
employ$ an av]age ( n great] ?an #ejj   
full-"t employees on bus9ess days dur+  
su* cal5d> ye>4  7#b7 ,application (    
aggregation rule = employ]s ,all p]sons 
treat$ z a s+le employ] "u subsection   
7b71 7c71 7m71 or 7o7 ( section #dad ( !
 ,int]nal ,rev5ue ,code ( #aihf %all be 
treat$ z #a employ]4  7c7 ,qualifi$ r5t 
or mortgage exp5ditures ,= purposes (   
?is section1 ! t]m qualifi$ r5t or      
mortgage exp5ditures means an exp5diture
 = r5t or mortgage paym5ts 7n includ+   
any am\nts attributable to utilities7 t 

are paid pursuant to a contract ent]$   
into be=e ! date ( ! enactm5t ( ?is     
,act4  7d7 ,exp$it$ am5d$ return process
 ,9 ! case ( any eligible small bus9ess 
:i* has timely fil$ an am5dm5t to ! tax 
return = su* bus9ess = ! taxable ye>    
describ$ 9 subsection 7a7 = ! sole      
purpose ( claim+ ! cr$it all[$ "u ?is   
section1 ! ,secret>y ( ! ,treasury 7or !
 ,secret>y's delegate7 %all e/abli% a   
sep>ate & exp$it$ process = review+ &   
process+ su* am5d$ returns4  7e7        
,regulations ,! ,secret>y ( ! ,treasury 
7or ! ,secret>y's delegate7 %all        
prescribe su* regulations or guidance z 
may be necess>y to c>ry out ! provisions
 ( ?is section1 includ+ regulations &   
guidance to prev5t & id5tify fraud ?r\gh
 ! use ( relevant in=mation submitt$ by 
?ird p>ties :i* relates to ! r5t or     
mortgage exp5ditures claim$ by a taxpay]
 = purposes ( ! cr$it all[$ "u ?is      
section4  7f7 ,effective date ,?is      
section %all take effect on ! date (    
enactm5t ( ?is ,act4