,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #deeh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #aj1         
#bjbj,mr4 ,graham introduc$ ! foll[+    
bill2 :i* 0 read twice & ref]r$ to !    
,committee on ,f9ance  ,a ,,bill  ,to   
am5d ! ,int]nal ,rev5ue ,code ( #aihf to
 e/abli% a tempor>y refundable tax cr$it
 = law en=cem5t (fic]s & an above-!-l9e 
d$uction = fir/ respond]s4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,?ank ,y
 ,act4  #b4 ,tempor>y refundable cr$it =
 law en=cem5t (fic]s  7a7 ,9 g5]al      
,subp>t ,c ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] section   
#cf;,b ! foll[+ new section3  #cf;,c4   
,cr$it = law en=cem5t (fic]s  7a7 ,9    
g5]al ,9 ! case ( an individual :o is   
employ$ or :o volunte]s z an eligible   
law en=cem5t (fic] dur+ ! fir/ taxable  
ye> beg9n+ 9 #bjbj1 !re %all be all[$ z 
a cr$it aga9/ ! tax impos$ by ?is       
subtitle = su* taxable ye> an am\nt     
equal to-- 7#a7 9 ! case ( an individual

 :o has be5 employ$ or :o has volunte]$ 
z an eligible law en=cem5t (fic] = a    
cumulative p]iod ( n less ?an #aj ye>s1 
#a1jjj1 &  7#b7 9 ! case ( an individual
 :o is n describ$ 9 p>agraph 7#a71 #ejj4
  7b7 ,eligible law en=cem5t (fic]  7#a7
 ,9 g5]al ,= purposes ( ?is section1 !  
t]m eligible law en=cem5t (fic] means-- 
7,a7 any sworn (fic]1 ag5t1 or employee 
( a ,/ate1 unit ( local gov]nm5t1 or an 
,indian tribe au?oriz$ by law or by a   
gov]nm5t ag5cy to engage 9 or sup]vise !
 prev5tion1 detection1 or inve/igation (
 any violation ( crim9al law1 &  7,b7   
any ,f$]al law en=cem5t (fic]1 z def9$ 9
 section #aae7;c77#a7 ( title #ah1      
,unit$ ,/ates ,code4  7#b7 ,"p-"t &     
volunte]s ,= purposes ( ?is section1 !  
t]m eligible law en=cem5t (fic] %all    
include any individual describ$ 9       
p>agraph 7#a7 :o is employ$ or :o       
volunte]s on a full-"t1 "p-"t1 or       
auxili>y basis dur+ ! taxable ye>4  4   
7b7 ,w-#b report+ ( ye>s ( s]vice z law 
en=cem5t (fic] ,section #fjea7;a7 ( !   

,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ & at ! end ( p>agraph 7#af71 by
 /rik+ ! p]iod at ! end ( p>agraph 7#ag7
 & ins]t+ 1 &1 & by ins]t+ aft] p>agraph
 7#ag7 ! foll[+ new p>agraph3  7#ah7 9 !
 case ( an individual :o 0 employ$ or :o
 volunte]$ z an eligible law en=cem5t   
(fic] 7z def9$ 9 section #cf;,c7b77 dur+
 ! fir/ taxable ye> beg9n+ 9 #bjbj1 !   
total numb] ( ye>s = :i* su* individual 
has be5 employ$ or volunte]$ z an       
eligible law en=cem5t (fic]4  4  7c7    
,con=m+ am5dm5ts  7#a7 ,section         
#fbaa7;b77#d77;,a7 ( ! ,int]nal ,rev5ue 
,code ( #aihf 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  7#c7 ,! table ( sections
 = subp>t ,c ( "p ,,iv ( sub*apt] ,a (  
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] ! item    
relat+ to section #cf;,b ! foll[+ new   
item3  ,sec4 #cf;,c4 ,cr$it = law       
en=cem5t (fic]s4  4  7d7 ,effective date

 ,! am5dm5ts made by ?is section %all   
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjai4  #c4 ,above-!-l9e  
d$uction = fir/ respond]s  7a7 ,9 g5]al 
,"p ,,vii ( sub*apt] ,b ( *apt] #a ( !  
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by r$esignat+ section #bbd z section    
#bbe & by ins]t+ aft] section #bbc !    
foll[+ new section3  #bbd4 ,fir/        
respond]s  7a7 ,9 g5]al ,9 ! case ( an  
individual :o is employ$ z an eligible  
fir/ respond] dur+ any taxable ye>1 !re 
%all be all[$ z a d$uction = su* taxable
 ye> an am\nt equal to #a1ejj4  7b7     
,eligible fir/ respond] ,= purposes (   
?is section1 ! t]m eligible fir/        
respond] has ! same mean+ giv5 ! t]m    
em]g5cy response provid]s "u section    
#b7f7 ( ! ,homel& ,security ,act ( #bjjb
 7#f ,u4,s4,c4 #aja7f774  7c7 ,exclusion
 = #bjbj ,= ! fir/ taxable ye> beg9n+ 9 
#bjbj1 ! d$uction "u subsection 7a7 %all
 n be all[$ to any individual = :om !   
cr$it "u section #cf;,c is all[$ = su*  
taxable ye>4  4  7b7 ,above-!-,l9e      

d$uction ,section #fb7;a7 ( ! ,int]nal  
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] p>agraph 7#bb7 ! foll[+ new       
p>agraph3  7#bc7 ,fir/ respond]s ,!     
d$uction all[$ "u section #bbd4  4  7c7 
,cl]ical am5dm5t ,! table ( sections =  
"p ,,vii ( sub*apt] ,b ( *apt] #a ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by r$esignat+ ! item relat+ to section  
#bbd z an item relat+ to section #bbe & 
by ins]t+ aft] ! item relat+ to section 
#bbc ! foll[+ new item3  ,sec4 #bbd4    
,fir/ respond]s4  4  7d7 ,effective date
 ,! am5dm5ts made by ?is section %all   
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjai4