,,ii #aafth ,,congress #ast ,session ,s4 #ica ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #bh1 #bjai,mr4 ,casey 7for himself1 ,mrs4 ,murray1 ,mr4 ,wyden1 ,mr4 ,brown1 ,mr4 ,cardin1 ,ms4 ,cantwell1 ,mrs4 ,gillibrand1 ,ms4 ,hassan1 ,ms4 ,hirono1 ,mr4 ,menendez1 ,ms4 ,stabenow1 ,ms4 ,cortez ,masto1 ,ms4 ,klobuchar1 ,mr4 ,van ,hollen1 ,mr4 ,blumenthal1 ,mr4 ,bennet1 ,mr4 ,whitehouse1 ,mr4 ,merkley1 ,mr4 ,reed1 ,mr4 ,durbin1 ,mr4 ,leahy1 and ,mr4 ,schumer7 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 enhance the ,child and ,dependent ,care ,tax ,credit and make the credit fully refundable4 #a4 ,short title ,this ,act may be cited as the ,child and ,dependent ,care ,tax ,credit ,enhancement ,act of #bjai4 #b4 ,enhancement of ,child and ,dependent ,care ,tax ,credit 7a7 ,in general ,paragraph 7#b7 of section #ba7;a7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7#b7 ,applicable percentage ,for purposes of paragraph 7#a71 the term applicable percentage means #ej percent reduced 7but not below #bj percent7 by #a percentage point for each #b1jjj 7or fraction thereof7 by which the taxpayer's adjusted gross income for the taxable year exceeds #abj1jjj4 4 7b7 ,increase in dollar limit on amount creditable ,subsection 7c7 of section #ba of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 in paragraph 7#a71 by striking #c1jjj and inserting #f1jjj2 and 7#b7 in paragraph 7#b71 by striking #f1jjj and inserting #ab1jjj4 7c7 ,special rule for married couples filing separate returns ,paragraph 7#b7 of section #ba7;e7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7#b7 ,married couples filing separate returns 7,a7 ,in general ,in the case of married individuals who do not file a joint return for the taxable year-- 7i7 the applicable percentage under subsection 7a77#b7 and the number of qualifying individuals and aggregate amount excludable under section #abi for purposes of subsection 7c7 shall be determined with respect to each such individual as if the individual had filed a joint return with the individual's spouse1 and 7ii7 the aggregate amount of the credits allowed under this section for such taxable year with respect to both spouses shall not exceed the amount which would have been allowed under this section if the individuals had filed a joint return4 7,b7 ,regulations ,the ,secretary shall prescribe such regulations or other guidance as is necessary to carry out the purposes of this subsection4 4 7d7 ,adjustment for inflation ,section #ba of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by redesignating subsection 7f7 as subsection 7g72 and 7#b7 by inserting after subsection 7e7 the following new subsection3 7f7 ,inflation adjustment 7#a7 ,in general ,in the case of a calendar year beginning after #bjbj1 the #abj1jjj amount in paragraph 7#b7 of subsection 7a7 and the dollar amounts in subsection 7c7 shall each be increased by an amount equal to-- 7,a7 such dollar amount1 multiplied by 7,b7 the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year in which the taxable year begins1 determined by substituting calendar year #bjai for calendar year #bjaf in subparagraph 7,a77ii7 thereof4 7#b7 ,rounding ,if any dollar amount1 after being increased under paragraph 7#a71 is not a multiple of #ajj1 such dollar amount shall be rounded to the next lowest multiple of #ajj4 4 7e7 ,credit ,to be refundable 7#a7 ,in general ,the ,internal ,revenue ,code of #aihf is amended-- 7,a7 by redesignating section #ba as section #cf;,c2 and 7,b7 by moving section #cf;,c1 as so redesignated1 from subpart ,a of part ,,iv of subchapter ,a of chapter #a to the location immediately before section #cg in subpart ,c of part ,,iv of subchapter ,a of chapter #a4 7#b7 ,technical amendments 7,a7 ,paragraph 7#a7 of section #bc7;f7 of the ,internal ,revenue ,code of #aihf is amended by striking #ba7;e7 and inserting #cf;,c7e74 7,b7 ,paragraph 7#f7 of section #ce7;g7 of such ,code is amended by striking #ba7;e7 and inserting #cf;,c7e74 7,c7 ,paragraph 7#a7 of section #cf;,c7a7 of such ,code 7as redesignated by paragraph 7#a77 is amended by striking this chapter and inserting this subtitle4 7,d7 ,subparagraph 7,c7 of section #abi7;a77#b7 of such ,code is amended by striking section #ba7;e7 and inserting section #cf;,c7e74 7,e7 ,paragraph 7#b7 of section #abi7;b7 of such ,code is amended by striking section #ba7;d77#b7 and inserting section #cf;,c7d77#b74 7,f7 ,paragraph 7#a7 of section #abi7;e7 of such ,code is amended by striking section #ba7;b77#b7 and inserting section #cf;,c7b77#b74 7,g7 ,subsection 7e7 of section #bac of such ,code is amended by striking section #ba and inserting section #cf;,c4 7,h7 ,subparagraph 7,h7 of section #fbac7;g77#b7 of such ,code is amended by striking section #ba and inserting section #cf;,c4 7,i7 ,subparagraph 7,l7 of section #fbac7;g77#b7 of such ,code is amended by striking section #ba1 #bd1 or #cb1 and inserting section #bd1 #cb1 or #cf;,c14 7,j7 ,paragraph 7#b7 of section #acbd7;b7 of title #ca1 ,united ,states ,code1 is amended by inserting #cf;,c1 after #cf;,b14 7,k7 ,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;,b the following3 ,sec4 #cf;,c4 ,expenses for household and dependent care services necessary for gainful employment4 4 7,l7 ,the table of sections for subpart ,a of such part ,,iv is amended by striking the item relating to section #ba4 7f7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjai4