,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #fiab ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ae1 #bjbj,mr4 ,rose ( ,new ,york 7= himself & ,mr4 ,got!im]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means1 & 9 addition to ! ,committees on ,education & ,labor1 & ,en]gy & ,comm]ce1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide = y\? sports1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,covid-#ai ,y\? ,sports & ,work+ ,families ,relief ,act4 #b4 ,modification ( *ild & dep5d5t c>e tax cr$it 7a7 ,all[ance ( exp5ses = y\? physical activities ,section #ba7;b77#b77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ & at ! end ( clause 7i71 by /rik+ ! p]iod at ! end ( clause 7ii7 & ins]t+ 1 &1 & by ins]t+ aft] clause 7ii7 ! foll[+3 7iii7 exp5ses = y\? physical activities 7)9 ! mean+ ( section #bbc7;d77#e774 4 7b7 ,exception to camp rule ,section #ba7;b77#b77;,a7 ( su* ,code 7z am5d$ by subsection 7a77 is am5d$ by /rik+ ,su* t]m & ins]t+ ,except z provid$ by clause 7iii71 su* t]m4 7c7 ,doll> limitations ,section #bba7;c7 ( su* ,code is am5d$ to read z foll[s3 7c7 ,doll> limit on am\nt cr$itable ,! am\nt ( ! employm5t-relat$ exp5ses incurr$ dur+ any taxable ye> :i* may be tak5 into acc\nt "u subsection 7a7 %all n exce$-- 7#a7 if !re is #a qualify+ individual ) respect to ! taxpay] = su* taxable ye>1 ! sum (-- 7,a7 #c1jjj ( s mu* ( employm5t-relat$ exp5ses z are describ$ 9 clauses 7i7 & 7ii7 ( subsection 7b77#b77;,a71 & 7,b7 #f1jjj ( s mu* ( employm5t-relat$ exp5ses z are describ$ 9 clause 7iii7 ( subsection 7b77#b77;,a71 or 7#b7 if !re are #b or m qualify+ individuals ) respect to ! taxpay] = su* taxable ye>1 ! sum (-- 7,a7 #f1jjj ( s mu* ( employm5t-relat$ exp5ses z are describ$ 9 clauses 7i7 & 7ii7 ( subsection 7b77#b77;,a71 & 7,b7 #ab1jjj ( s mu* ( employm5t-relat$ exp5ses z are describ$ 9 clause 7iii7 ( subsection 7b77#b77;,a74 ,! am\nts det]m9$ "u subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a7 or 7#b7 7:i*ev] is applicable7 %all ea* be r$uc$ by ! aggregate am\nt = ! same categories ( exp5ses excludable f gross income "u section #abi = ! taxable ye>4 4 7d7 ,refundable ,section #ba7;e7 ( su* ,code is am5d$ by add+ at ! end ! foll[+3 7#aa7 ,cr$it refundable = #bjbj ,9 ! case ( a taxable ye> beg9n+ 9 cal5d> ye> #bjbj1 ! cr$it all[$ "u subsection 7a7 7det]m9$ )\t reg>d to ?is p>agraph & section #bf7;a77 %all be treat$ z a cr$it all[able "u subp>t ,c 7& n all[$ "u subsection 7a774 4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjai4 #c4 ,increase 9 doll> am\nt ( election = dep5d5t c>e flexible sp5d+ arrangem5ts 7a7 ,9 g5]al ,section #abe ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by r$esignat+ subsections 7k7 & 7l7 z subsections 7l7 & 7m7 & ins]t+ aft] subsection 7j7 ! foll[+3 7k7 ,limitation on dep5d5t c>e flexible sp5d+ arrangem5ts 7#a7 ,9 g5]al ,= purposes ( ?is section1 if a b5efit is provid$ "u a cafet]ia plan ?r\gh employ] contributions to a dep5d5t c>e flexible sp5d+ arrangem5t1 su* b5efit %all n be treat$ z a qualifi$ b5efit unless ! cafet]ia plan provides t an employee may n elect = any taxable ye> to h sal>y r$uction contributions 9 excess ( #aj1jjj made to su* arrangem5t = ea* dep5d5t "u su* arrangem5t4 7#b7 ,s+le p>5t ,9 ! case t ! employee is an individual :o is n m>ri$ z ( ! beg9n+ ( ! taxable ye> = :i* ! employee elects to p>ticipate 9 ! arrangem5t1 p>agraph 7#a7 %all be appli$ by sub/itut+ #ab1jjj = #aj1jjj4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjai4 #d4 ,y\? physical activities 7a7 ,heal? sav+s acc\nts ,section #bbc7;d7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 7#e7 ,y\? physical activities ,= purposes ( ?is section1 ! t]m m$ical exp5ses includes regi/ration co/s1 fees1 & exp5ses associat$ )-- 7,a7 organiz$ individual & team sports1 7,b7 fitness & ex]cise1 7,c7 recreation1 & 7,d7 o!r physical activities = y\? :o h atta9$ age #d b n age #ah4 4 7b7 ,flexible sp5d+ arrangem5ts ,section #ajf ( su* ,code is am5d$ by add+ at ! end ! foll[+3 7h7 ,reimbursem5ts = y\? physical activities ,= purposes ( ?is section & section #aje1 exp5ses incurr$ = y\? physical activities 7)9 ! mean+ ( section #bbc7;d77#e77 %all be treat$ z incurr$ = m$ical c>e4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjai4 #e4 ,y\? sport provid]s 7a7 ,e/abli%m5t ( relief fund ,! ,secret>y ( ! ,treasury %all create a relief fund 9 ! ,treasury = y\? sport provid]s4 7b7 ,fund+ ( relief fund ,out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 !re is appropriat$ to ! relief fund e/abli%$ "u subsection 7a7 su* sums z may be necess>y to c>ry out ?is section4 7c7 ,di/ribution ( funds 7#a7 ,9 g5]al ,! ,secret>y %all disburse am\nts f ! relief fund e/abli%$ "u subsection 7a7 9 su* a mann] z-- 7,a7 to alleviate losses su/a9$ z a result to ,,covid-#ai1 7,b7 to be t>get$ to su/a9 exi/+ organizations t may1 )\t su* assi/ance1 fail or h to sev]ally curtail op]ations1 & 7,c7 aim to ma9ta9 y\? p>ticipation capacity4 7#b7 ,priority ,9 mak+ disbursem5ts f ! relief fund e/abli%$ "u subsection 7a71 ! ,secret>y %all give priority consid]ation to programs s]v+ "u-s]v$ communities4 7#c7 ,di/ribution rate ,! ,secret>y %all disburse am\nts n less ?an ! foll[+ p]c5tages ( ! total am\nt 9 ! fund e/abli%$ "u subsection 7a7 )9 ! numb] ( days designat$ 9 ! foll[+ subp>agraphs aft] ! date ( ! enactm5t ( ?is ,act3 7,a7 #be p]c5t ( su* am\nt %all be disburs$ )9 #ad days4 7,b7 #ej p]c5t ( su* am\nt %all be disburs$ )9 #cj days4 7,c7 #ij p]c5t ( su* am\nt %all be disburs$ )9 #fj days4 7d7 ,y\? sport provid]s ,! t]m y\? sport provid] means any organization t directly s]ves y\?s ag$ #ah & "u4 ,su* t]m includes-- 7#a7 sports-bas$ y\? developm5t organizations1 7#b7 int]s*ola/ic sports programs1 7#c7 y\? sports provid]s su* z coa*es1 tra9]s1 & in/ructors1 & 7#d7 y\? sport ev5t provid]s4