,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #ggba  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #bb1 #bjbj ,mr4 
,craw=d introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to all[ a refundable     
cr$it aga9/ tax = f>m]s :o hire         
unemploy$ work]s4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,f>m ,labor        
,expansion ,act ( #bjbj or ! ,,flex     
,act4  #b4 ,displac$ f>m work] cr$it    
7a7 ,9 g5]al ,subp>t ,c ( "p ,,iv (     
sub*apt] ,a ( *apt] #a is am5d$ by      
ins]t+ be=e section #cg ! foll[+ new    
section3  #cf;,c4 ,displac$ f>m work]   
cr$it  7a7 ,9 g5]al ,9 ! case ( a       
taxpay] engag$ 9 ! trade or bus9ess (   
f>m+1 !re %all be all[$ z a cr$it aga9/ 
! tax impos$ by ?is subtitle an am\nt   
equal to #dj p]c5t ( ! qualifi$ fir/-ye>
 wages ( an eligible replacem5t work]4  
7b7 ,def9itions & special rules ,=      
purposes ( ?is section--  7#a7 ,qualifi$
 fir/-ye> wages  7,a7 ,9 g5]al ,! t]m   

qualifi$ fir/-ye> wages means1 ) respect
 to an eligible replacem5t work]1 wages 
attributable to s]vice r5d]$ dur+ !     
#a-ye> p]iod beg9n+ ) ! day ! individual
 beg9s "w = ! employ]4  7,b7 ,wages ,!  
t]m wages has ! mean+ giv5 to su* t]m by
 section #ccjf7;b7 7det]m9$ )\t reg>d to
 any doll> limitation conta9$ 9 su*     
section74  7,c7 ,limitation ,! am\nt (  
wages tak5 into acc\nt ) respect to any 
employee = all taxable ye>s %all n exce$
 #be1jjj4  7#b7 ,eligible replacem5t    
work] ,= purposes ( ?is section1 ! t]m  
eligible replacem5t work] means any     
individual :o--  7,a7 began a p]iod (   
unemploym5t aft] ,m>* #bg1 #bjbj1 & dur+
 :i* "t ! individual 0 receiv+          
unemploym5t comp5sation "u ,/ate or     
,f$]al law1 &  7,b7 p]=ms = ! employ]   
sub/antially ! same job functions z an  
,h-#b;,a work] tak5 into acc\nt "u      
p>agraph 7#d74  7#c7 ,h-#b;,a work] ,!  
t]m ,h-#b;,a work] means a nonimmigrant 
describ$ 9 section                      
#aja7;a77#ae77;,h77ii77a7 ( !           

,immigration & ,nationality ,act 7#h    
,u4,s4,c4 #aaja7;a77#ae77;,h77ii77a774  
7#d7 ,limitation on numb] ( work]s tak5 
into acc\nt ,! numb] ( eligible         
replacem5t work]s tak5 into acc\nt "u   
?is section1 %all n exce$ ! av]age numb]
 ( ,h-#b;,a work]s employ$ by ! taxpay] 
dur+ ! prec$+ taxable ye>4  7#e7        
,controll$ gr\ps & common control ,all  
p]sons :i* are treat$ z a s+le employ]  
"u subsections 7a7 & 7b7 ( section #eb  
%all be treat$ z a s+le taxpay] =       
purposes ( ?is section4  7#f7           
,application ( o!r rules ,rules simil>  
to ! foll[+ rules %all apply = purposes 
( ?is section3  7,a7 ,section #ea7;i7   
7relat+ to c]ta9 individuals            
ineligible74  7,b7 ,section #ea7k7      
7relat+ to treatm5t ( successor         
employ]s2 treatm5t ( employees p]=m+    
s]vices = o!r p]sons74  7c7 ,t]m9ation  
,no cr$it %all be all[$ "u ?is section )
 respect to any wages paid m ?an #b ye>s
 aft] ! date ( ! enactm5t ( ?is section4
  4  7b7 ,con=m+ am5dm5ts  7#a7 ,section

 #fbaa7;b77#d77;,a7 is am5d$ by ins]t+  
#cf;,c1 aft] #cf;,b14  7#b7 ,p>agraph   
7#b7 ( section #acbd7;b7 ( title #ca1   
,unit$ ,/ates ,code1 is am5d$ by ins]t+ 
#cf;,c1 aft] #cf;,b14  7c7 ,cl]ical     
am5dm5t ,! table ( sections = subp>t ,c 
( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su*
 ,code is am5d$ by ins]t+ be=e section  
#cg ! foll[+ new item3  ,sec4 #cf;,c4   
,displac$ f>m work] cr$it4  4  7d7      
,effective date ,! am5dm5ts made by ?is 
section %all apply wages paid 9 taxable 
ye>s end+ aft] ! date ( ! enactm5t ( ?is
 ,act4