,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #ciaf  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #h1 #bjbj,mrs4   
,loeffl] introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to increase !     
exclusion = educational assi/ance       
programs4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,am]ican ,work=ce          
,developm5t ,act4  #b4 ,increase 9      
exclusion = educational assi/ance       
programs  7a7 ,9 g5]al ,p>agraph 7#b7 ( 
section #abg7;a7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by /rik+ #e1bej  
ea* place x appe>s 9 ! text & ! head+ & 
ins]t+ #aa1ejj4  7b7 ,inflation adju/m5t
 ,section #abg7;c7 ( su* ,code is am5d$ 
by add+ at ! end ! foll[+ new p>agraph3 
7#h7 ,inflation adju/m5t  7,a7 ,9 g5]al 
,9 ! case ( any cal5d> ye> aft] #bjai1  
ea* doll> am\nt 9 subsection 7a77#b7    
%all be increas$ by an am\nt equal to-- 
7i7 su* doll> am\nt1 multipli$ by  7ii7 
! co/-(-liv+ adju/m5t det]m9$ "u section

 #a7;f77#c7 = ! cal5d> ye> 9 :i* su*    
taxable ye> beg9s by sub/itut+ cal5d>   
ye> #bjag = cal5d> ye> #bjaf 9          
subp>agraph 7,a77ii7 !re(4  7,b7 ,r\nd+ 
,if any increase det]m9$ "u subp>agraph 
7,a7 is n a multiple ( #ej1 su* increase
 %all be r\nd$ to ! next l[e/ multiple (
 #ej4  4  7c7 ,effective date ,!        
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjai4