,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #beea  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #bf1 #bjai   
,mr4 ,cotton introduc$ ! foll[+ bill2   
:i* 0 read twice & ref]r$ to !          
,committee on ,f9ance  ,a ,,bill  ,to   
e/abli% ! ,t>iff ,rebate ,program to    
disburse rev5ues f t>iffs back to !     
,am]ican p4  #a4 ,%ort title  ,?is ,act 
may be cit$ z ! ,t>iff ,rebate ,act4    
#b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7
 ,! ,*9ese ,communi/ ,p>ty has exploit$ 
its trad+ relation%ip ) ! ,unit$ ,/ates 
at ! exp5se ( ,am]ican work]s &         
indu/ries1 includ+ indu/ries critical to
 our national security su* z /eel &     
alum9um4  7#b7 ,t>iffs s]ve v>i\s       
/rategic purposes = ! ,unit$ ,/ates1 b  
!y also impose co/s on ,am]icans by     
rais+ ! price ( consum] goods & o!r     
imports4  7#c7 ,am]ican families %>e !  
burd5 ( t>iffs1 s !y %\ld %>e 9 ! rev5ue
 rais$ f t>iffs z well4  7#d7 ,di/ribut+
 t>iff rev5ues z a rebate to taxpay]s w 
help ,am]icans /& unit$ z we use trade  

b>ri]s to accompli% important national  
objectives4  #c4 ,t>iff ,rebate ,program
  7a7 ,9 g5]al ,subject to subsection   
7e71 ! ,secret>y ( ! ,treasury or !     
,secret>y's delegate 7ref]r$ to 9 ?is   
section z ! ,secret>y7 %all e/abli% &   
implem5t ! ,t>iff ,rebate ,program to-- 
7#a7 det]m9e ! total am\nt collect$     
pursuant to duties impos$ "u sections   
#bja & #cja ( ! ,trade ,act ( #aigd 7#ai
 ,u4,s4,c4 #bbea & #bdaa7 & section #bcb
 ( ! ,trade ,expansion ,act ( #aifb 7#ai
 ,u4,s4,c4 #ahfb7 dur+ #bjai & ea*      
cal5d> ye> !reaft]2  7#b7 det]m9e !     
numb] ( eligible individuals t h fil$ a 
,f$]al income tax return = ! taxable ye>
 end+ ) or )9 ! applicable cal5d> ye> "u
 p>agraph 7#a72 &  7#c7 disburse a      
paym5t equal to ! applicable am\nt to   
ea* su* eligible individual4  7b7       
,eligible individual  7#a7 ,9 g5]al     
,except z provid$ "u subsection 7e71 =  
purposes ( ?is section1 ! t]m eligible  
individual means an individual :o1 )    
respect to any taxable ye> end+ ) or )9 

a cal5d> ye>1 has--  7,a7 fil$ a ,f$]al 
income tax return n lat] ?an ,octob] #ae
 ( ! succe$+ cal5d> ye>2 &  7,b7 taxable
 income ( n great] ?an--  7i7 9 ! case (
 any taxpay] fil+ a jo9t return = su*   
taxable ye>1 #afh1djj2 or  7ii7 9 ! case
 ( any taxpay] n fil+ a jo9t return =   
su* taxable ye>1 #hd1bjj4  7#b7         
,exception ,! t]m eligible individual   
%all n include1 ) respect to any taxable
 ye> end+ ) or )9 a cal5d> ye>-- 7,a7   
any e/ate or tru/2  7,b7 any nonresid5t 
ali5 individual or any ali5 :o is n     
au?oriz$ = employm5t 9 ! ,unit$ ,/ates2 
or  7,c7 any individual :o is a dep5d5t 
= :om a d$uction is all[able "u section 
#aea to ano!r taxpay] = su* taxable ye>4
  7#c7 ,inflation adju/m5t ,9 ! case (  
any taxable ye> beg9n+ aft] #bjai1 ea*  
doll> am\nt ref]r$ to 9 p>agraph        
7#a77;,b7 %all be increas$ by an am\nt  
equal to--  7,a7 su* doll> am\nt2       
multipli$ by  7,b7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section 7#a77;f77#c7 ( !    
,int]nal ,rev5ue ,code ( #aihf = !      

cal5d> ye> 9 :i* ! taxable ye> beg9s1 by
 sub/itut+ #bjah = #bjaf 9 subp>agraph  
7,a77ii7 !re(4  7c7 ,applicable am\nt   
7#a7 ,9 g5]al ,except z provid$ "u      
subsection 7e71 = purposes ( ?is        
section1 ! applicable am\nt %all be an  
am\nt equal to ! quoti5t obta9$ by      
divid+--  7,a7 ! am\nt describ$ 9       
subsection 7a77#a7 = ! applicable cal5d>
 ye>2 by  7,b7 an am\nt equal to ! numb]
 ( eligible individuals t h fil$ a      
,f$]al income tax return = ! taxable ye>
 end+ ) or )9 su* applicable cal5d> ye>4
  7#b7 ,r\nd+ ,any am\nt det]m9$ "u     
p>agraph 7#a7 %all be r\nd$ d[n to !    
next :ole doll> am\nt4  7d7 ,tim+ (     
paym5t ,= purposes ( subsection 7a77#c71
 ! ,secret>y %all disburse su* paym5t z 
rapidly z possible foll[+ ! det]m9ation 
( ! applicable am\nt = ! cal5d> ye>4    
7e7 ,special rebate = tax ye> #bjah     
7#a7 ,9 g5]al ,n lat] ?an #ij days aft] 
! date ( enactm5t ( ?is ,act1 !         
,secret>y %all-- 7,a7 det]m9e ! total   
am\nt collect$ pursuant to duties impos$

 "u sections #bja & #cja ( ! ,trade ,act
 ( #aigd & section #bcb ( ! ,trade      
,expansion ,act ( #aifb dur+ cal5d> ye>s
 #bjag & #bjah2  7,b7 det]m9e ! numb] ( 
eligible individuals t h fil$ a ,f$]al  
income tax return = ! taxable ye> end+ )
 or )9 cal5d> ye> #bjah2 &  7,c7        
disburse a paym5t equal to ! applicable 
am\nt to ea* su* eligible individual4   
7#b7 ,eligible individual ,= purposes ( 
?is subsection1 ! t]m eligible          
individual has ! same mean+ giv5 su* t]m
 "u subsection 7b71 except t p>agraph   
7#a77;,b7 ( su* subsection %all be      
appli$--  7,a7 9 clause 7i7 ( su*       
p>agraph1 by sub/itut+ #afe1jjj =       
#afh1djj2 &  7,b7 9 clause 7ii7 ( su*   
p>agraph1 by sub/itut+ #hb1ejj =        
#hd1bjj4  7#c7 ,applicable am\nt  7,a7  
,9 g5]al ,= purposes ( ?is subsection1 !
 applicable am\nt %all be an am\nt equal
 to ! quoti5t obta9$ by divid+--  7i7 ! 
am\nt describ$ 9 p>agraph 7#a77;,a72 by 
7ii7 an am\nt equal to ! numb] (        
eligible individuals t h fil$ a ,f$]al  

income tax return = ! taxable ye> end+ )
 or )9 cal5d> ye> #bjah4  7,b7 ,r\nd+   
,any am\nt det]m9$ "u subp>agraph 7,a7  
%all be r\nd$ d[n to ! next :ole doll>  
am\nt4  7f7 ,t>iff ,rebate ,fund  7#a7  
,e/abli%m5t ( ,fund ,!re is e/abli%$ 9 !
 ,treasury a fund to be kn[n z ! ,t>iff 
,rebate ,fund1 consi/+ ( su* am\nts z   
may be transf]r$ to ! fund pursuant to  
p>agraph 7#b71 to rema9 available until 
exp5d$4  7#b7 ,transf]s to ,fund ,!     
,secret>y %all transf] to ! ,t>iff      
,rebate ,fund f ! g5]al fund ( !        
,treasury an am\nt equival5t to ! am\nt 
( duties collect$ aft] ,decemb] #ca1    
#bjaf1 & impos$ pursuant to sections    
#bja & #cja ( ! ,trade ,act ( #aigd &   
section #bcb ( ! ,trade ,expansion ,act 
( #aifb4  7#c7 ,availability ( funds    
,am\nts 9 ! ,t>iff ,rebate ,fund %all be
 available to ! ,secret>y1 )\t fur!r    
appropriation1 to c>ry out ! ,t>iff     
,rebate ,program 7includ+ any provisions
 "u subsection 7e774