,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #adca  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,febru>y #bf1         
#bjba,ms4 ,plaskett introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to all[ !
 "w opportunity cr$it to small bus9esses
 :i* hire individuals :o are memb]s ( ! 
,ready ,res]ve or ,national ,gu>d1 & =  
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,hire ,a ,h]o ,act (   
#bjba4  #b4 ,"w opportunity cr$it to    
small bus9esses = hir+ memb]s ( ,ready  
,res]ve or ,national ,gu>d  7a7 ,9 g5]al
 ,section #ea7;d77#a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
or at ! end ( subp>agraph 7,i71 by /rik+
 ! p]iod at ! end ( subp>agraph 7,j7 &  
ins]t+ 1 or1 & by add+ at ! end ! foll[+
 new subp>agraph3  7,k7 9 ! case ( an   
eligible employ] 7z def9$ 9 section     
#djh7p77#b77;,c77i771 an individual :o  
is a memb] (-- 7i7 ! ,ready ,res]ve 7z  
describ$ 9 section #ajadb ( title #aj1  

,unit$ ,/ates ,code71 or  7ii7 !        
,national ,gu>d 7z def9$ 9 section      
#aja7;c77#a7 ( title #aj1 ,unit$ ,/ates 
,code74  4  7b7 ,effective date  7#a7 ,9
 g5]al ,! am5dm5t made by ?is section   
%all apply to wages paid or incurr$ aft]
 ! date ( ! enactm5t ( ?is ,act 9       
taxable ye>s end+ aft] su* date4  7#b7  
,curr5t employees cov]$ by cr$it ,=     
purposes ( apply+ section #ea ( !       
,int]nal ,rev5ue ,code ( #aihf1         
individuals describ$ 9 section          
#ea7;d77#a77,k7 ( su* ,code1 z add$ by  
?is section1 :o are employ$ by an       
eligible employ] 7z def9$ 9 section     
#djh7p77#b77;,c77i7 ( su* ,code7 on !   
date ( ! enactm5t ( ?is ,act %all be    
treat$ z beg9n+ "w = su* employ] on su* 
date4  #c4 ,p]man5t ext5sion ( "w       
opportunity cr$it = employ]s hir+       
qualifi$ vet]ans & memb]s ( ,ready      
,res]ve & ,national ,gu>d  7a7 ,9 g5]al 
,section #ea7;c77#d7 ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 7o!r ?an any individual describ$ 9     

subp>agraph 7,b7 or 7,k7 ( subsection   
7d77#a77 aft] individual4  7b7          
,effective date ,! am5dm5t made by ?is  
section %all apply to individuals :o    
beg9 "w = ! employ] aft] ,decemb] #ca1  
#bjbj4  #d4 ,treatm5t ( possessions  7a7
 ,paym5ts to possessions  7#a7 ,mirror  
code possessions ,! ,secret>y ( !       
,treasury %all pay to ea* possession ( !
 ,unit$ ,/ates ) a mirror code tax sy/em
 am\nts equal to ! loss to t possession 
by reason ( ! am5dm5ts made by ?is ,act4
 ,su* am\nts %all be det]m9$ by !       
,secret>y ( ! ,treasury bas$ on         
in=mation provid$ by ! gov]nm5t ( !     
respective possession ( ! ,unit$ ,/ates4
  7#b7 ,o!r possessions ,! ,secret>y ( !
 ,treasury %all pay to ea* possession ( 
! ,unit$ ,/ates :i* does n h a mirror   
code tax sy/em ! am\nt e/imat$ by !     
,secret>y ( ! ,treasury z be+ equal to !
 loss to t possession t w\ld h occurr$  
by reason ( ! am5dm5ts made by ?is ,act 
if a mirror code tax sy/em _h be5 9     
effect 9 su* possession4 ,! prec$+      

s5t5ce %all n apply ) respect to any    
possession ( ! ,unit$ ,/ates unless su* 
possession e/abli%es to ! satisfaction (
 ! ,secret>y t ! possession has         
implem5t$ 7or1 at ! discretion ( !      
,secret>y1 w implem5t7 an income tax    
b5efit :i* is sub/antially equival5t to 
! income tax cr$it 9 effect aft] !      
am5dm5ts made by ?is ,act4  7b7         
,coord9ation ) cr$it all[$ aga9/ unit$  
/ates income taxes ,! cr$it all[$ aga9/ 
,unit$ ,/ates income taxes = any taxable
 ye> "u ! am5dm5ts made by ?is ,act to  
section #ea ( ! ,int]nal ,rev5ue ,code (
 #aihf to any p]son %all be r$uc$ by !  
am\nt ( any cr$it 7or o!r tax b5efit    
describ$ 9 subsection 7a77#b77 all[$ to 
su* p]son aga9/ income taxes impos$ by !
 possession ( ! ,unit$ ,/ates by reason 
( ?is section = su* taxable ye>4  7c7   
,def9itions & special rules  7#a7       
,possession ( ! ,unit$ ,/ates ,=        
purposes ( ?is section1 ! t]m possession
 ( ! ,unit$ ,/ates %all include su*     
possessions z are specifi$ 9 section    

#icg7;a77#a7 ( ! ,int]nal ,rev5ue ,code 
( #aihf4  7#b7 ,mirror code tax sy/em ,=
 purposes ( ?is section1 ! t]m mirror   
code tax sy/em means1 ) respect to any  
possession ( ! ,unit$ ,/ates1 ! income  
tax sy/em ( su* possession if ! income  
tax liability ( ! resid5ts ( su*        
possession "u su* sy/em is det]m9$ by   
ref]5ce to ! income tax laws ( ! ,unit$ 
,/ates z if su* possession 7 ! ,unit$   
,/ates4  7#c7 ,treatm5t ( paym5ts ,=    
purposes ( section #acbd7;b77#b7 ( title
 #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u 
subsection 7a7 %all be treat$ 9 ! same  
mann] z a refund due f cr$it provisions 
describ$ 9 su* section4