,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #hedj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bc1 #bjbd,mr4   
,ku/(f 7= himself1 ,mr4 ,s*neid]1 ,ms4  
,t5ney1 & ,ms4 ,sewell7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to enhance ! employ]-provid$ *ild 
c>e cr$it4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,*ild ,c>e = ,am]ican   
,families ,act4  #b4 ,increas$ 9        
employ]-provid$ *ild c>e cr$it am\nt    
7a7 ,9 g5]al ,section #de;,f7a77#a7 ( ! 
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ #be p]c5t & ins]t+ ! applicable
 p]c5tage4  7b7 ,applicable p]c5tage    
,section #de;,f7a7 ( su* ,code1 z am5d$ 
by subsection 7a71 is am5d$-- 7#a7 by   
r$esignat+ p>agraphs 7#a7 & 7#b7 z      
subp>agraphs 7,a7 & 7,b71 respectively1 
& by mov+ ! m>g9s ( su* subp>agraphs #b 
ems to ! "r1  7#b7 by /rik+ ,= purposes 
& ins]t+ ! foll[+3  7#a7 ,cr$it all[$ ,=
 purposes  1 &  7#c7 by add+ at ! end ! 

foll[+ new p>agraph3  7#b7 ,applicable  
p]c5tage  7,a7 ,9 g5]al ,= purposes (   
p>agraph 7#a77;,a71 ! applicable        
p]c5tage is-- 7i7 except z o!rwise      
provid$ 9 ?is p>agraph1 #dj p]c5t1  7ii7
 9 ! case ( qualifi$ *ild c>e           
exp5ditures ( an eligible small bus9ess1
 #ej p]c5t1 &  7iii7 9 ! case ( any     
qualifi$ *ild c>e exp5ditures paid 9    
connection ) a qualifi$ *ild c>e        
facility locat$ 9 a qualifi$ c5sus      
tract1 #fj p]c5t4  7,b7 ,eligible small 
bus9ess ,= purposes ( subsection        
subp>agraph 7,a71 ! t]m eligible small  
bus9ess means1 ) respect to any taxable 
ye>1 any taxpay] if ! annual av]age     
numb] ( employees employ$ by su* p]son  
dur+ ei!r ( ! #b prec$+ cal5d> ye>s 0   
#ejj or few]4 ,= purposes ( ! prec$+    
s5t5ce1 a prec$+ taxable ye> may be tak5
 into acc\nt only if ! taxpay] 0 9      
exi/5ce ?r\gh\t ! ye>4  7,c7 ,eligible  
c5sus tract  7i7 ,9 g5]al ,= purposes ( 
subp>agraph 7,a71 ! t]m eligible c5sus  
tract means any population c5sus tract  

:i*-- 7,i7 is describ$ 9 section        
#de;,d7e71 or  7,,ii7 is n an urban     
area4  7ii7 ,urban area ,= purposes (   
?is subp>agraph1 ! t]m urban area means 
a c5sus tract 7z def9$ by ! ,bureau ( ! 
,c5sus7 :i*1 accord+ to ! mo/ rec5t     
dec5nial c5sus1 has be5 designat$ z an  
urban area by ! ,secret>y ( ,comm]ce4  4
  7c7 ,doll> limitation ,section        
#de;,f7b7 ( su* ,code is am5d$ to read z
 foll[s3  7b7 ,doll> limitation  7#a7   
,aggregate limitation ,! cr$it all[able 
"u subsection 7a7 = any taxable ye> %all
 n exce$ #a1bjj1jjj4  7#b7 ,limitation )
 respect to qualifi$ *ild c>e           
exp5ditures ,! aggregate am\nt (        
qualifi$ *ild c>e exp5ditures :i* may be
 tak5 into acc\nt "u ?is section = any  
taxable ye> %all n exce$ #b1jjj1jjj4  4 
7d7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #c4 ,rules ( application =       
multi-employ] facilities ,section #de;,f
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  

am5d$ by add+ at ! end ! foll[+ new     
subsection3  7g7 ,regulations ,!        
,secret>y %all issue su* regulations or 
o!r guidance z may be necess>y to c>ry  
out ! purposes ( ?is section1 includ+   
guidance on ! application ( ?is section 
to multiple employ]s jo9tly acquir+1    
con/ruct+1 or op]at+ a qualifi$ *ild c>e
 facility4  4  #d4 ,dissem9ation (      
in=mation  7a7 ,9 g5]al ,n lat] ?an "o  
ye> aft] ! date ( ! enactm5t ( ?is ,act1
 ! ,secret>y ( ! ,treasury 7or !        
,secret>y's delegate7 %all e/abli% a    
public aw>5ess program to in=m !        
taxpay]s ab\t-- 7#a7 ! availability ( ! 
cr$it = employ]-provid$ *ild c>e "u     
section #de;,f ( ! ,int]nal ,rev5ue     
,code ( #aihf1 &  7#b7 fil+ proc$ures = 
su* cr$it4  7b7 ,me?od ,9 c>ry+ out ?is 
section1 ! ,secret>y ( ! ,treasury 7or !
 ,secret>y's delegate7 %all use         
appropriate means ( communication to    
ensure aw>5ess by all taxpay]s :o are   
eligible = ! cr$it all[$ "u section     
#de;,f ( ! ,int]nal ,rev5ue ,code (     

#aihf4