,,ii #aafth ,,congress #ast ,session ,s4 #bgij ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #f1 #bjai,mr4 ,casey 7for himself and ,mrs4 ,murray7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,act of #aihf to strengthen the earned income tax credit and expand eligibility for childless individuals1 homeless youth1 and youth formerly in foster care4 #a4 ,short title ,this ,act may be cited as the ,foster ,opportunity ,,eitc ,act of #bjai4 #b4 ,strengthening the earned income tax credit 7a7 ,increased credit for individuals with no qualifying children 7#a7 ,in general ,the table in subparagraph 7,a7 of section #cb7;b77#b7 of the ,internal ,revenue ,code of #aihf is amended-- 7,a7 by striking #d1bbj in the second column of the third row and inserting #aj1ahj1 and 7,b7 by striking #e1bhj in the third column of the third row and inserting #aa1chj4 7#b7 ,inflation adjustments ,subparagraph 7,b7 of section #cb7;j77#a7 of such ,code is amended-- 7,a7 in clause 7i7-- 7i7 by inserting 7except as provided in clause 7iii77 after 7b77#b77;,a71 and 7ii7 by striking and at the end1 7,b7 by redesignating clause 7ii7 as clause 7iii71 and 7,c7 by inserting after clause 7i7 the following new clause3 7ii7 in the case of the #aj1ahj and #aa1chj amounts in the table in subsection 7b77#b77;,a71 calendar year #bjag for calendar year #aiib1 and 4 7b7 ,credit increase and reduction in phaseout for individuals with no children ,the table contained in section #cb7;b77#a77;,a7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking #g4fe in the second column of the fourth row and inserting #bj1 and 7#b7 by striking #g4fe in the third column of the fourth row and inserting #ae4ih4 7c7 ,eligibility age limits 7#a7 ,upper age limit ,subclause 7,,ii7 of section #cb7;c77#a77;,a77ii7 of the ,internal ,revenue ,code of #aihf is amended by striking age #fe and inserting age #fh4 7#b7 ,lowering eligibility age for certain childless individuals1 homeless youth1 and qualified foster youth 7,a7 ,in general ,subclause 7,,ii7 of section #cb7;c77#a77;,a77ii7 of such ,code1 as amended by paragraph 7#a71 is further amended by striking age #be and inserting age #ai 7or1 in the case of homeless youth and qualified foster youth1 age #ah74 7,b7 ,homeless youth and qualified foster youth ,paragraph 7#a7 of section #cb7;c7 of such ,code is amended by adding at the end the following new subparagraphs3 7,g7 ,homeless youth 7i7 ,in general ,for purposes of subparagraph 7,a77ii77,,ii71 the term homeless youth means-- 7,i7 an unaccompanied youth who has not attained age #bd and who is a homeless child or youth 7as defined in section #gbe of the ,mc,kinney-,vento ,homeless ,assistance ,act71 or 7,,ii7 an individual who is determined by a specified official to be unaccompanied1 at risk of homelessness1 and self-supporting4 7ii7 ,verification ,no credit shall be allowed under this section by reason of clause 7i7 to any individual unless such individual attests on the return of tax for the taxable year that the individual is a homeless youth and that no other taxpayer is entitled to claim such individual as a qualifying child for purposes of this section or section #bd for the taxable year4 ,the ,secretary1 in consultation with the ,national ,taxpayer ,advocate and national homeless youth advocates1 shall issue regulations-- 7,i7 determining the information on relevant tax forms or documentation necessary to demonstrate homeless youth status in the case of an audit of the return1 and 7,,ii7 providing that a documented telephone call with or a written statement from a specified official shall be treated as sufficient to verify the status of an individual as a homeless youth4 7iii7 ,specified official ,for purposes of this subparagraph1 the term specified official means-- 7,i7 a local educational agency homeless liaison designated pursuant to section #gbb7;g77#a77;,j77ii7 of the ,mc,kinney-,vento ,homeless ,assistance ,act 7or a designee of such liaison71 7,,ii7 the director of an emergency or transitional shelter street outreach program1 homeless youth drop-in center1 or other program servicing homeless youth 7or a designee of such director71 7,,iii7 the director of a ,federal ,,trio program under chapter #a of subpart #b of part ,a of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a-#aa et seq47 or a ,gaining ,early ,awareness and ,readiness for ,undergraduate ,program under chapter #b of subpart #b of part ,a of title ,,iv of such ,act 7#bj ,u4,s4,c4 #ajgj;a-#ba et seq47 7or a designee of such director71 or 7,,iv7 a financial aid administrator 7within the meaning of the ,higher ,education ,act of #aife7 7or a designee of such administrator74 7,h7 ,qualified foster youth 7i7 ,in general ,for purposes of subparagraph 7,a77ii77,,ii71 the term qualified foster youth means an individual who was in foster care on or after the date that such individual attained age #ad1 if such care was under the supervision or administration of a ,state or tribal agency administering 7or eligible to administer7 a plan under part ,b or part ,e of the ,social ,security ,act 7without regard to whether ,federal assistance was provided with respect to such child under such part ,e74 7ii7 ,verification ,the ,secretary1 in consultation with the ,national ,taxpayer ,advocate and the ,children's ,bureau1 ,administration for ,children and ,families1 shall issue regulations determining the information on relevant tax forms providing criteria for verifying an individual as a qualified foster youth during any transition period between the date of the enactment of this subparagraph and the establishment of an operational data reporting system described in section #fjej,z7a7 if such individual is not listed in the verification database described in such section1 or in the case of an audit of the return4 ,the ,secretary shall consider the use for such purposes of court or official ,state documentation1 verification from entities such as a child welfare agency1 case worker1 ,court ,appointed ,special ,advocate1 attorney1 guardian ad litem1 ,federal ,,trio program under chapter #a of subpart #b of part ,a of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a-#aa et seq471 ,gaining ,early ,awareness and ,readiness for ,undergraduate ,program under chapter #b of subpart #b of part ,a of title ,,iv of such ,act 7#bj ,u4,s4,c4 #ajgj;a-#ba et seq471 or other recognized ,state1 county1 or tribal authority1 and verification through the ,john ,h4 ,chafee ,foster ,care ,program for ,successful ,transition to ,adulthood under section #dgg of the ,social ,security ,act 7#db ,u4,s4,c4 #fgg74 ,during any transition period between the date of the enactment of this subparagraph and the establishment of an operational data reporting system described in section #fjej,z7a71 no credit shall be allowed under this section by reason of clause 7i7 to any individual unless such individual attests on the return of tax for the taxable year that the individual is a qualified foster youth and that no other taxpayer is entitled to claim such individual as a qualified child for purposes of this section or section #bd for the taxable year4 ,in the situation that an adult can claim a qualified foster youth for purposes of this section or section #bd1 the ,secretary shall develop a form to indicate that the adult will not claim the qualified foster youth for the taxable year4 4 7,c7 ,returns relating to youth in foster care 7i7 ,in general ,subpart ,b of part ,,iii of subchapter ,a of chapter #fa of such ,code is amended by inserting after section #fjej,y the following new section3 #fjej,z4 ,returns relating to youth in foster care 7a7 ,requirement of reporting 7#a7 ,in general ,any ,state1 local1 or tribal agency providing foster care under a plan approved under part ,b or ,e of title ,,iv of the ,social ,security ,act shall make a return1 at such times as the ,secretary may prescribe1 described in subsection 7b7 with respect to any individual under the placement and responsibility of such ,state1 locality1 or tribe on or after the date that such individual attained age #ad4 7#b7 ,development of data reporting system ,the ,secretary1 in coordination with the ,children's ,bureau1 ,administration for ,children and ,families1 shall develop a data reporting system which satisfies the return requirements of paragraph 7#a74 7#c7 ,single return ,except as provided by the ,secretary1 a ,state1 local1 or tribal agency described in paragraph 7#a7 which has made a return for an individual described in such paragraph shall not be required to make a return for such individual for any subsequent calendar year4 7b7 ,form and manner of returns ,a return is described in this subsection if such return-- 7#a7 is in such form as the ,secretary may prescribe1 and 7#b7 contains1 with respect to each individual described in subsection 7a77#a7-- 7,a7 the name1 date of birth1 and ,,tin of such individual1 and 7,b7 such other information as the ,secretary may prescribe in consultation with the ,children's ,bureau1 ,administration for ,children and ,families4 7c7 ,statement ,to be furnished to individuals with respect to whom information is required 7#a7 ,in general ,every person required to make a return under subsection 7a7 shall furnish to each person whose name is required to be set forth in such return a written statement showing-- 7,a7 the name and address of the person required to make such return and the telephone number of the information contact for such person1 and 7,b7 the information required to be shown on the return with respect to such individual4 7#b7 ,date ,the written statement required under paragraph 7#a7 shall be furnished on or before ,january #ca of the year following the calendar year for which the return under subsection 7a7 is required to be made4 4 7ii7 ,assessable penalties ,subparagraph 7,b7 of section #fgbd7;d77#a7 of such ,code is amended-- 7,i7 by striking or at the end of clause 7xxv71 7,,ii7 by striking and at the end of clause 7xxvi7 and inserting or1 and 7,,iii7 by inserting after clause 7xxvi7 the following new clause3 7xxvii7 section #fjej,z 7relating to returns relating to youth in foster care71 4 7iii7 ,conforming amendment ,the table of sections for subpart ,b of part ,,iii of subchapter ,a of chapter #fa of such ,code is amended by adding at the end the following new item3 ,sec4 #fjej,z4 ,returns relating to youth in foster care4 4 7d7 ,eligibility for working homeless and qualified foster youth who are full-,time students ,subparagraph 7,b7 of section #cb7;c77#a7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following3 8,the preceding sentence shall not apply to-- 7#a7 a homeless youth 7as defined in subparagraph 7,g771 or 7#b7 a qualified foster youth 7as defined in subparagraph 7,h771 who is a student 7as defined in section #aeb7;f77#b77 for the taxable year4 4 7e7 ,information return matching ,not later than #a year after the date of the enactment of this ,act1 the ,secretary of the ,treasury 7or the ,secretary's delegate7 shall develop and implement procedures for checking an individual's claim for the credit under section #cb of the ,internal ,revenue ,code of #aihf against claims by other taxpayers for tax credits relating to higher education with respect to dependent college students4 7f7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjah4