,,ii #aafth ,,congress #b;d ,session ,s4 #dfci ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #bb1 #bjbj,mr4 ,hawley introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to provide a refundable tax credit for expenses relating to school disruption1 to provide a monthly payment to families during ,,covid-#ai1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,helping ,parents ,during ,,covid ,act of #bjbj4 #b4 ,credit for costs of education 7a7 ,in general ,subpart ,c of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended by inserting after section #cf the following new section3 #cf;,a4 ,credit for costs of education 7a7 ,allowance of credit ,in the case of an individual with respect to whom there is #a or more eligible children for any taxable year1 there shall be allowed as a credit against the tax imposed by this subtitle for such taxable year an amount equal to-- 7#a7 #hjj1 multiplied by 7#b7 the number of eligible children with respect to the individual4 7b7 ,limitation based on adjusted gross income ,the amount of the credit allowed by subsection 7a7 7determined without regard to this subsection7 shall be reduced 7but not below zero7 by #e percent of so much of the taxpayer's adjusted gross income as exceeds-- 7#a7 #aej1jjj in the case of a joint return1 7#b7 #aab1ejj in the case of a head of household1 and 7#c7 #ge1jjj in the case of a taxpayer not described in paragraph 7#a7 or 7#b74 7c7 ,eligible child ,the term eligible child with respect to an individual for a taxable year means a qualifying child 7as defined in section #aeb7;c77 of the individual who is an elementary or secondary student 7including kindergarten71 if the school district in which such child resides was closed1 in part or in full1 or utilizing virtual1 distance1 or other alternative education models or a hybrid of such models and in-person attendance1 during any part of the taxable year due to ,,covid-#ai4 7d7 ,termination ,this section shall not apply to taxable years beginning after ,december #ca1 #bjba4 4 7b7 ,clerical amendment ,the table of sections for subpart ,c of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended by inserting after the item relating to section #cf the following new item3 ,sec4 #cf;,a4 ,credit for costs of education4 4 7c7 ,conforming amendment ,section #fbaa7;b77#d77;,a7 of the ,internal ,revenue ,code of #aihf is amended by inserting 1 #cf;,a after #cf4 7d7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjai4 #c4 ,family education assistance 7a7 ,establishment of family education assistance credit ,subpart ,c of part ,,iv of subchapter ,a of chapter #a of subtitle ,a of the ,internal ,revenue ,code of #aihf1 as amended by section #b1 is further amended by inserting after section #cf;,b the following new section3 #cf;,c4 ,family education assistance 7a7 ,in general ,as soon as practicable and not later than two weeks after the date of the enactment of this section1 the ,secretary shall establish a program for making family education assistance credit payments1 including electronic payments1 on a monthly basis1 without respect to tax liability1 for each citizen residing with a dependent qualifying child equal to #a1bjj for each eligible month4 7b7 ,limitations 7#a7 ,limitation based on adjusted gross income ,the amount of the credit allowed by subsection 7a7 7determined without regard to this subsection7 shall be reduced 7but not below zero7 by #e percent of so much of the taxpayer's adjusted gross income as exceeds-- 7,a7 #aej1jjj in the case of a joint return1 7,b7 #aab1ejj in the case of a head of household1 and 7,c7 #ge1jjj in the case of a taxpayer not described in subparagraph 7,a7 or 7,b74 7#b7 ,household limit ,family education assistance credit payments may only be claimed by one member of a household1 and only one credit may be claimed per residence4 7c7 ,qualifying child 7#a7 ,in general ,in this section1 the term qualifying child means a qualifying child of the filer 7as defined in section #aeb7;c77 who has not attained #ah years of age4 7#b7 ,exception for certain non-citizens ,the term qualifying child shall not include any individual who would not be a dependent if subparagraph 7,a7 of section #aeb7;b77#c7 were applied without regard to all that follows resident of the ,united ,states4 7d7 ,eligible month ,for purposes of this section-- 7#a7 ,in general ,the term eligible month means1 with respect to a qualifying child1 any month during which-- 7,a7 such child is an elementary or secondary student 7including kindergarten71 and 7,b7 either-- 7i7 the school district in which such child resides is closed1 in part or in full1 or utilizing virtual1 distance1 or other alternative education models or a hybrid of such models and in-person attendance1 during any part of the month due to ,,covid-#ai1 or 7ii7 the parent or guardian of such child elects not to send the child to school due to ,,covid-#ai4 7#b7 ,application and termination ,the term eligible month shall include only months beginning after ,july #ca1 #bjbj1 and before ,july #a1 #bjba4 ,in the case of eligible months occurring before the establishment of the program described in subsection 7a71 the credit amount attributable to such months shall be paid to the recipient in combination with the credit amount for the first eligible month during which such program is operational4 7e7 ,application and verification 7#a7 ,application ,the ,secretary shall establish an expedited process by which citizens may apply for and provide all necessary information to obtain access to installments of the family education assistance credit outside the annual tax return process utilizing-- 7,a7 information from the beneficiary's most recent tax return if the beneficiary has filed previously and such return is for #bjah or #bjai1 and 7,b7 any additional or alternative information submissions deemed necessary by the ,secretary to facilitate application1 verification of eligibility for1 and prompt delivery of the family education assistance credit4 7#b7 ,verification ,no credit shall be allowed under this section to a taxpayer on the basis of a qualifying child unless the taxpayer has provided the name and taxpayer identification number of such qualifying child in a manner deemed appropriate for the application process by the ,secretary4 7#c7 ,treatment of family education assistance credits for income tax purposes 7,a7 ,nontaxation of credit ,notwithstanding any other provision of law1 no amount received as a family education assistance credit shall be treated as income for the purpose of calculating ,federal1 ,state1 or local tax liability4 7,b7 ,effect on tax liability ,the tax liability of a recipient of the family education assistance credit for a taxable year in which payments of such credit are received shall be determined without respect to such credit4 4 7b7 ,conforming amendments 7#a7 ,section #acbd7;b77#b7 of title #ca1 ,united ,states ,code1 is amended by inserting 81 #cf;,c0 after 8#cf;,b04 7#b7 ,the table of sections for subpart ,c of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended by inserting before the item relating to section #cg the following new item3 ,sec4 #cf;,c4 ,family education assistance4 4