,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #debj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #aj1 #bjbc,mr4  
,james 7= himself1 ,mrs4                
,*avez-,de,remer1 & ,mr4 ,ciscomani7    
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to e/abli% a cr$it = hir$ 
critical employees & to make p]man5t    
c]ta9 expir+ provisions relat+ to ! *ild
 tax cr$it4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,reignite ,hope ,act (  
#bjbc4  #b4 ,cr$it = hir$ critical      
employees  7a7 ,9 g5]al ,subp>t ,a ( "p 
,,iv ( sub*apt] ,a ( *apt] #a ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] section #be;,e ! foll[+  
new section3  #be;,f4 ,cr$it = hir$     
critical employees  7a7 ,all[ance (     
cr$it ,9 ! case ( a critical employee1  
!re %all be all[$ #c1ejj z a cr$it aga9/
 ! tax impos$ by ?is *apt]4  7b7        
,critical employee ,= purposes ( ?is    
section3 7#a7 ,9 g5]al ,! t]m critical  

employee means any ( ! foll[+           
individuals ^: employ] c]tifies t su*   
individual work$ full-"t = n less ?an   
#ge p]c5t ( ! taxable ye> 9 su*         
pr(essional capacity & t su*            
individual's prim>y place ( employm5t = 
! majority ( h\rs work$ dur+ su* taxable
 ye> is locat$ 9 a qualifi$ opportunity 
zone3 7,a7 ,a heal?c>e pr(essional4     
7,b7 ,a law en=cem5t (fic] 7z su* t]m is
 def9$ 9 section #hjf ( title ,i ( !    
,omnibus ,crime ,control & ,safe ,/reets
 ,act ( #aifh74  7,c7 ,a memb] ( a      
rescue squad or ambulance crew 7z su*   
t]m is def9$ 9 section #hjf ( title ,i (
 ! ,omnibus ,crime ,control & ,safe     
,/reets ,act ( #aifh74  7,d7 ,a         
firefight] 7z su* t]m is def9$ 9 section
 #hjf ( title ,i ( ! ,omnibus ,crime    
,control & ,safe ,/reets ,act ( #aifh74 
7,e7 an eligible *ild c>e provid] or    
family *ild c>e provid] 7z su* t]ms are 
def9$ 9 section #feh,p ( ! ,*ild ,c>e & 
,developm5t ,block ,grant ,act ( #aiij74
  7,f7 p]sonal or home c>e aide 7z su*  

t]m is def9$ 9 section #bjjh ( ! ,social
 ,security ,act74  7#b7 ,heal?c>e       
pr(essional ,! t]m heal?c>e pr(essional 
means-- 7,a7 a c]tifi$ nurs+ assi/ant1  
or  7,b7 a lic5s$ practical nurse or    
regi/]$ pr(essional nurse4  7#c7 ,! t]m 
qualifi$ opportunity zone means a c5sus 
tract designat$ z a qualifi$ opportunity
 zone "u section #adjjz-#a7;b77#a7 z ( !
 date ( ! enactm5t ( ?is section4  7c7  
,sunset ,no cr$it %all be all[$ "u      
subsection 7a7 = any taxable ye> beg9n+ 
aft] ! date t is #c ye>s aft] ! date ( !
 enactm5t ( ?is section4  4  7b7        
,cl]ical am5dm5t ,! table ( section =   
subp>t ,a ( "p ,,iv ( sub*apt] ,a (     
*apt] #a ( su* ,code is am5d$ by ins]t+ 
aft] ! item relat+ to section #be;,e !  
foll[+ new item3  ,sec4 #be;,f4 ,cr$it =
 hir$ critical employees4  4  7c7       
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
section4  #c4 ,p]man5t ext5sion &       
modification ( special rules = *ild tax 

cr$it  7a7 ,9 g5]al ,section #bd ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ subsections 7a71 7b71 & 7c7 &  
ins]t+ ! foll[+ new subsections3  7a7   
,all[ance ( cr$it ,!re %all be all[$ z a
 cr$it aga9/ ! tax impos$ by ?is *apt] =
 ! taxable ye> an am\nt equal to ! sum  
(-- 7#a7 #c1ejj = ea* qualify+ *ild ( ! 
taxpay] 7#d1ejj 9 ! case ( a qualify+   
*ild :o has n atta9$ age #f z ( ! close 
( ! cal5d> ye> 9 :i* ! taxable ye> ( !  
taxpay] beg9s71 &  7#b7 9 ! case ( any  
taxable ye> beg9n+ be=e ,janu>y #a1     
#bjbf1 #ejj = ea* qualify+ dep5d5t 7o!r 
?an a qualify+ *ild7 ( ! taxpay]4  7b7  
,limitation bas$ on adju/$ gross income 
,! am\nt ( ! cr$it all[able "u          
subsection 7a7 %all be r$uc$ 7b n bel[  
z]o7 by #ej = ea* #a1jjj 7or fraction   
!re(7 by :i* ! taxpay]'s modifi$ adju/$ 
gross income exce$s #djj1jjj 9 ! case ( 
a jo9t return 7#bjj1jjj 9 any o!r case74
 ,= purposes ( ! prec$+ s5t5ce1 ! t]m   
8modifi$ adju/$ gross income0 means     
adju/$ gross income increas$ by any     

am\nt exclud$ f gross income "u section 
#iaa1 #ica1 or #icc4  7c7 ,qualify+     
*ild2 qualify+ dep5d5t ,= purposes ( ?is
 section-- 7#a7 ,qualify+ *ild ,! t]m   
qualify+ *ild means any qualify+ dep5d5t
 ( ! taxpay]-- 7,a7 :o is a qualify+    
*ild 7z def9$ 9 section #aeb7;c77 ( !   
taxpay]1  7,b7 :o has n atta9$ age #ah  
at ! close ( ! cal5d> ye> 9 :i* !       
taxable ye> ( ! taxpay] beg9s1 &  7,c7  
^: "n & social security numb] are       
includ$ on ! taxpay]'s return ( tax = ! 
taxable ye>4  7#b7 ,qualify+ dep5d5t ,! 
t]m qualify+ dep5d5t means any dep5d5t (
 ! taxpay] 7z def9$ 9 section #aeb )\t  
reg>d to all t foll[s resid5t ( ! ,unit$
 ,/ates 9 section #aeb7;b77#c77;,a77 ^: 
"n & ,,t9 are includ$ on ! taxpay]'s    
return ( tax = ! taxable ye>4  7#c7     
,social security numb] def9$ ,= purposes
 ( ?is subsection1 ! t]m social security
 numb] means1 ) respect to a return (   
tax1 a social security numb] issu$ to an
 individual by ! ,social ,security      
,adm9i/ration1 b only if ! social       

security numb] is issu$-- 7,a7 to a     
citiz5 ( ! ,unit$ ,/ates or pursuant to 
subclause 7,i7 7or t portion ( subclause
 7,,iii7 t relates to subclause 7,i77 ( 
section #bje7;c77#b77;,b77i7 ( ! ,social
 ,security ,act1 &  7,b7 on or be=e !   
due date ( fil+ su* return4  4  7b7     
,portion ( cr$it refundable ,section    
#bd7;d77#a7 ( ! ,int]nal ,rev5ue ,code (
 #aihf is am5d$-- 7#a7 by /rik+         
subp>agraph 7,a7 & ins]t+ ! foll[+3     
7,a7 ! cr$it :i* w\ld be all[$ "u ?is   
section det]m9$-- 7i7 )\t reg>d to      
subsection 7a77#b71 &  7ii7 )\t reg>d to
 ?is subsection 7o!r ?an ?is            
subp>agraph7 & ! limitation "u section  
#bf7;a71 or  1 &  7#b7 9 subp>agraph    
7,b71 by /rik+ #ae p]c5t ( s mu* ( !    
taxpay]'s e>n$ income 7)9 ! mean+ (     
section #cb7 :i* is tak5 into acc\nt 9  
comput+ taxable income = ! taxable ye> z
 exce$s #c1jjj & ins]t+ #ae4c p]c5t ( ! 
taxpay]'s e>n$ income 7)9 ! mean+ (     
section #cb7 :i* is tak5 into acc\nt 9  
comput+ taxable income4  7c7 ,con=m+    

am5dm5ts  7#a7 ,section #bd7;e7 ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
to read z foll[s3  7e7 ,taxpay]         
id5tification requirem5t ,no cr$it %all 
be all[$ "u ?is section if ! id5tify+   
numb] ( ! taxpay] 0 issu$ aft] ! due    
date = fil+ ! return ( tax = ! taxable  
ye>4  4  7#b7 ,section #bd ( su* ,code  
is am5d$ by /rik+ subsection 7h74  7d7  
,repeal ( c]ta9 lat] enact$ provisions  
7#a7 ,section #bd ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by /rik+         
subsections 7i71 7j71 & 7k74  7#b7      
,*apt] #gg ( su* ,code is am5d$ by /rik+
 section #gebg;,a 7& by /rik+ ! item    
relat+ to section #gebg;,a 9 ! table (  
sections = su* *apt]74  7#c7 ,section   
#bf7;b77#b7 ( su* ,code is am5d$ by     
ins]t+ & at ! end ( subp>agraph 7,x71 by
 /rik+ 1 & at ! end ( subp>agraph 7,y7 &
 ins]t+ a p]iod1 & by /rik+ subp>agraph 
7,z74  7#d7 ,section #cdjb7;f77#a77;,c7 
( su* ,code is am5d$ by /rik+ section   
#bd 7det]m9$ aft] application (         
subsection 7j7 !re(7 & ins]t+ section   

#bd7;a74  7#e7 ,section                 
#fbaa7;b77#d77;,a7 ( su* ,code is       
am5d$-- 7,a7 by /rik+ #bd by reason (   
subsections 7d7 & 7i77#a7 !re( & ins]t+ 
#bd7;d71 &  7,b7 by /rik+ #fdbh;,b1 &   
#gebg;,a & ins]t+ & #fdbh;,b4  7#f7     
,section #acbd7;b77#b7 ( title #ca1     
,unit$ ,/ates ,code1 is am5d$ by /rik+  
#fdca1 or #gebg;,a & ins]t+ or #fdca4   
7e7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjbb4