,i  #aagth ,,congress  #ast ,session    
,h4 ,r4 #dfci  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bb1 #bjba,ms4 
,del,bene introduced the following bill2
 which was referred to the ,committee on
 ,ways and ,means  ,a ,,bill  ,to amend 
the ,internal ,revenue ,code of #aihf to
 better coordinate the base erosion and 
anti-abuse tax with certain credits4    
#a4 ,short title ,this ,act may be cited
 as the ,tax ,credit ,restoration ,act  
of #bjba4  #b4 ,coordination of base    
erosion and anti-abuse tax with certain 
credits  7a7 ,base erosion minimum tax  
amount determined without regard to     
credits  7#a7 ,in general ,section      
#ei;,a7b77#a77;,b7 of the ,internal     
,revenue ,code of #aihf is amended to   
read as follows3  7,b7 an amount equal  
to the regular tax liability 7as defined
 in section #bf7;b77 of the taxpayer for
 the taxable year4  4  7#b7 ,conforming 
amendments  7,a7 ,section #ei;,a7b77#b7 
of such ,code is amended by striking    
shall be applied and all that follows   

and inserting shall be applied by       
substituting #ab4e percent for #aj      
percent in subparagraph 7,a7 thereof44  
7,b7 ,section #ei;,a7b77#c77;,a7 of such
 ,code is amended by striking 7#b77;,a7 
and inserting 7#b74  7,c7 ,section      
#ei;,a7b7 of such ,code is amended by   
striking paragraph 7#d74  7b7 ,allowance
 of general business credit against base
 erosion and anti-,abuse tax ,section   
#ch7;c77#a7 of such ,code is amended by 
striking the tax imposed by section #ee 
and inserting the taxes imposed by      
sections #ee and #ei;,a4  7c7 ,effective
 date ,the amendments made by this      
section shall apply to taxable years    
ending after the date of the enactment  
of this ,act4