,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ajddf  ,,9 ,,! ,,h\se ,,(         
,,repres5tatives  ,septemb] #af1        
#bjbf,mr4 ,latim] 7= himself & ,mr4     
,cisn]os7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to enhance !      
d$uction = exp5ditures to remove        
ar*itectural & transportation b>ri]s to 
c]ta9 individuals & to ext5d & enhance !
 "w opportunity cr$it1 & = o!r purposes4
  #a4 ,%ort title  ,?is ,act may be cit$
 z ! ,inc5tiviz+ ,small ,bus9ess        
,employee ,ret5tion ,act ( #bjbf4  #b4  
,enhancem5t ( d$uction = exp5ditures to 
remove ar*itectural & transportation    
b>ri]s to c]ta9 individuals  7a7        
,inclusion ( improvem5ts 9 accessibility
 to int]net & telecommunications        
op]ations ,section #aij7;b77#a7 ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new s5t5ce3   
,su* t]m %all include an exp5diture = ! 
purpose ( improv+ accessibility =       

individuals ) disabilities & old] adults
 to any int]net or telecommunications   
s]vices provid$ )9 any facility or      
public transportation vehicle own$ or   
leas$ by ! taxpay] = use 9 connection ) 
_! trade or bus9ess44  7b7 ,increase 9  
d$uction limitation am\nt ,section      
#aij7;c7 ( su* ,code is am5d$ by /rik+  
#ae1jjj & ins]t+ #cj1jjj4  7c7 ,con=m+  
am5dm5ts  7#a7 ,section #aij7;b77#a7 (  
su* ,code1 z am5d$ by subsection 7a71 is
 am5d$ by /rik+ h&icapp$ & eld]ly       
individuals & ins]t+ individuals )      
disabilities & old] adults4  7#b7       
,section #aij7;b77#c7 ( su* ,code is    
am5d$--  7,a7 by /rik+ h&icapp$         
individual & ins]t+ individual ) a      
disability1 &  7,b7 by /rik+ ,h&icapp$  
individual 9 ! head+ !re( & ins]t+      
,individual ) a disability4  7#c7  7,a7 
,! head+ = section #aij ( su* ,code is  
am5d$ by /rik+ ! h&icapp$ & eld]ly &    
ins]t+ individuals ) disabilities & old]
 adults4  7,b7 ,! item relat+ to section
 #aij 9 ! table ( sections = "p ,,vi (  

sub*apt] ,b ( *apt] #a ( su* ,code is   
am5d$ by /rik+ ! h&icapp$ & eld]ly &    
ins]t+ individuals ) disabilities & old]
 adults4  7#d7 ,section #fg7;d77#a7 (   
su* ,code is am5d$ by /rik+ a h&icapp$  
individual & ins]t+ an individual ) a   
disability4  7#e7 ,section              
#bfc7;a77#a77;,e7 ( su* ,code is am5d$  
by /rik+ ! h&icapp$ & eld]ly & ins]t+   
individuals ) disabilities & old]       
adults4  7d7 ,effective date ,! am5dm5ts
 made by ?is section %all apply to      
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjbf4  7e7 ,rule ( con/ruction ,except 
z provid$ 9 subsection 7a71 no?+ 9 ?is  
section1 or ! am5dm5ts made by ?is      
section1 %all be con/ru$ to modify or   
exp& any def9ition us$ 9 section #aij ( 
! ,int]nal ,rev5ue ,code ( #aihf4  #c4  
,ext5sion & enhancem5t ( "w opportunity 
cr$it  7a7 ,ext5sion ( cr$it ,section   
#ea7;c77#d7 ( ! ,int]nal ,rev5ue ,code (
 #aihf is am5d$ by /rik+ ,decemb] #ca1  
#bjbe & ins]t+ ,septemb] #cj1 #bjcj4    
7b7 ,increas$ cr$it = qualifi$ small    

bus9esses  7#a7 ,9 g5]al ,section #ea ( 
su* ,code is am5d$--  7,a7 by r$esignat+
 subsections 7f7 ?r\gh 7k7 z subsections
 7g7 ?r\gh 7l71 respectively1 &  7,b7 by
 ins]t+ aft] subsection 7e7 ! foll[+ new
 subsection3  7f7 ,increas$ cr$it =     
qualifi$ small bus9esses  7#a7 ,9 g5]al 
,9 ! case ( a qualifi$ small bus9ess1 ! 
am\nt ( ! "w opportunity cr$it det]m9$  
"u ?is section = ! taxable ye> %all     
include-- 7,a7 #ej p]c5t ( ! qualifi$   
second-ye> wages = su* ye>1  7,b7 #ge   
p]c5t ( ! qualifi$ ?ird-ye> wages = su* 
ye>1  7,c7 #ij p]c5t ( ! qualifi$       
f\r?-ye> wages = su* ye>1 &  7,d7 #ajj  
p]c5t ( ! qualifi$ fif?-ye> wages = su* 
ye>4  7#b7 ,limitation on wages p] ye>  
tak5 into acc\nt  7,a7 ,9 g5]al ,! am\nt
 ( ! qualifi$ second-ye> wages1 qualifi$
 ?ird-ye> wages1 qualifi$ f\r?-ye>      
wages1 or qualifi$ fif?-ye> wages :i*   
may be tak5 into acc\nt ) respect to any
 individual %all n exce$ ! applicable   
am\nt = ! taxable ye>4  7,b7 ,applicable
 am\nt ,= purposes ( subp>agraph 7,a71 !

 t]m applicable am\nt means-- 7i7 9 !   
case ( any individual :o is a qualifi$  
vet]an by reason ( subsection           
7d77#c77;,a77ii77,,ii71 ! doll> am\nt 9 
effect = ! taxable ye> "u subsection    
7b77#c77;,b77i71  7ii7 9 ! case ( any   
individual :o is a qualifi$ vet]an by   
reason ( subsection 7d77#c77;,a77iv71 ! 
doll> am\nt 9 effect = ! taxable ye> "u 
subsection 7b77#c77;,b77ii71  7iii7 9 ! 
case ( any individual :o is a qualifi$  
vet]an by reason ( subsection           
7d77#c77;,a77ii77,i71 ! doll> am\nt 9   
effect = ! taxable ye> "u subsection    
7b77#c77;,b77iii71  7iv7 9 ! case ( any 
individual :o is a long-t]m family      
assi/ance recipi5t1 ! doll> am\nt 9     
effect = ! taxable ye> "u subsection    
7e77#a77;,b71 &  7v7 9 ! case ( any     
individual n describ$ 9 clause 7i71     
7ii71 7iii71 or 7iv71 ! doll> am\nt 9   
effect = ! taxable ye> "u subsection    
7b77#c77;,b77iv74  7#c7 ,individuals n  
meet+ m9imum employm5t p]iods  7,a7     
,r$uction ( increas$ cr$it = individuals

 p]=m+ few] ?an #djj h\rs ( s]vice ,9 ! 
case ( an individual :o has p]=m$ at    
lea/ #abj h\rs1 b less ?an #djj h\rs1 ( 
s]vice = ! qualifi$ small bus9ess dur+ !
 taxable ye>1 p>agraph 7#a7 %all be     
appli$-- 7i7 by sub/itut+ #cj p]c5t =   
#ej p]c5t 9 subp>agraph 7,a7 !re(1  7ii7
 by sub/itut+ #dj p]c5t = #ge p]c5t 9   
subp>agraph 7,b7 !re(1  7iii7 by        
sub/itut+ #de p]c5t = #ij p]c5t 9       
subp>agraph 7,c7 !re(1 &  7iv7 by       
sub/itut+ #ej p]c5t = #ajj p]c5t 9      
subp>agraph 7,d7 !re(4  7,b7 ,d5ial (   
increas$ cr$it = individuals p]=m+ few] 
?an #abj h\rs ( s]vice ,no wages %all be
 tak5 into acc\nt "u p>agraph 7#a7 )    
respect to any individual unless su*    
individual has p]=m$ at lea/ #abj h\rs (
 s]vice = ! qualifi$ small bus9ess dur+ 
! taxable ye>4  7#d7 ,special rules =   
agricultural & railway labor ,9 ! case (
 a long-t]m family assi/ance recipi5t to
 :om subp>agraph 7,a7 or 7,b7 (         
subsection 7i77#a7 applies1 rules simil>
 to ! rules ( su* subp>agraphs %all     

apply except t-- 7,a7 su* subp>agraph   
7,a7 %all be appli$ by sub/itut+ #8!    
doll> am\nt 9 effect = ! taxable ye> "u 
subsection 7e77#a77;,b7' = #8! doll>    
am\nt 9 effect = ! taxable ye> "u       
subsection 7b77#c77;,b77iv7'1 &  7,b7   
su* subp>agraph 7,b7 %all be appli$ by  
sub/itut+ #a_/ab ( ! doll> am\nt 9      
effect = ! taxable ye> "u subsection    
7e77#a77;,b7 = #a_/ab ( ! doll> am\nt 9 
effect = ! taxable ye> "u subsection    
7b77#c77;,b77iv74  7#e7 ,def9itions ,=  
purposes ( ?is subsection--  7,a7       
,qualifi$ small bus9ess ,! t]m qualifi$ 
small bus9ess means any p]son :i* is a  
small bus9ess conc]n 7z def9$ 9 section 
#c ( ! ,small ,bus9ess ,act74  7,b7     
,qualifi$ second-ye> wages ,! t]m       
qualifi$ second-ye> wages means qualifi$
 wages--  7i7 :i* are paid to an        
individual ) respect to :om ! qualifi$  
small bus9ess claim$ cr$it "u ?is       
section = ! qualifi$ fir/-ye> wages (   
su* individual1 &  7ii7 :i* are         
attributable to s]vice r5d]$ dur+ !     

#a-ye> p]iod beg9n+ on ! day aft] ! la/ 
day ( ! #a-ye> p]iod ) respect to su*   
individual det]m9$ "u subsection        
7b77#b74  7,c7 ,qualifi$ ?ird-ye> wages 
,! t]m qualifi$ ?ird-ye> wages means    
qualifi$ wages-- 7i7 :i* are paid to an 
individual ) respect to :om ! qualifi$  
small bus9ess claim$ cr$it "u ?is       
section = ! qualifi$ fir/-ye> wages &   
qualifi$ second-ye> wages ( su*         
individual1 &  7ii7 :i* are attributable
 to s]vice r5d]$ dur+ ! #a-ye> p]iod    
beg9n+ on ! day aft] ! la/ day ( !      
#a-ye> p]iod ) respect to su* individual
 det]m9$ "u subp>agraph 7,b74  7,d7     
,qualifi$ f\r?-ye> wages ,! t]m qualifi$
 f\r?-ye> wages means qualifi$ wages--  
7i7 :i* are paid to an individual )     
respect to :om ! qualifi$ small bus9ess 
claim$ cr$it "u ?is section = ! qualifi$
 fir/-ye> wages1 qualifi$ second-ye>    
wages1 & qualifi$ ?ird-ye> wages ( su*  
individual1 &  7ii7 :i* are attributable
 to s]vice r5d]$ dur+ ! #a-ye> p]iod    
beg9n+ on ! day aft] ! la/ day ( !      

#a-ye> p]iod ) respect to su* individual
 det]m9$ "u subp>agraph 7,c74  7,e7     
,qualifi$ fif?-ye> wages ,! t]m qualifi$
 fif?-ye> wages means qualifi$ wages--  
7i7 :i* are paid to an individual )     
respect to :om ! qualifi$ small bus9ess 
claim$ cr$it "u ?is section = ! qualifi$
 fir/-ye> wages1 qualifi$ second-ye>    
wages1 qualifi$ ?ird-ye> wages1 &       
qualifi$ f\r?-ye> wages ( su*           
individual1 &  7ii7 :i* are attributable
 to s]vice r5d]$ dur+ ! #a-ye> p]iod    
beg9n+ on ! day aft] ! la/ day ( !      
#a-ye> p]iod ) respect to su* individual
 det]m9$ "u subp>agraph 7,d74  7#f7     
,regulations ,! ,secret>y %all prescribe
 su* regulations or o!r guidance z may  
be necess>y to c>ry out ! purposes ( ?is
 subsection1 includ+ regulations or o!r 
guidance provid+ = requirem5ts =        
recordkeep+ or in=mation report+ =      
purposes ( adm9i/]+ ?is subsection4  4  
7#b7 ,con=m+ am5dm5ts  7,a7 ,section #ea
 ( su* ,code1 z am5d$ by ! prec$+       
provisions ( ?is section1 is am5d$-- 7i7

 9 subsection 7c77#a71 by /rik+         
subsection 7h77#b7 & ins]t+ subsection  
7i77#b71  7ii7 9 subsection 7e7-- 7,i7 9
 p>agraph 7#a71 9 ! matt] prec$+        
subp>agraph 7,a71 by /rik+ ,) & ins]t+  
,subject to subsection 7f71 )1 &  7,,ii7
 9 p>agraph 7#c71 by /rik+ subsection   
7h77#a7 & ins]t+ subsection 7i77#a71 &  
7iii7 9 subsection 7g77#b71 by /rik+    
subsection 7h77#a7 & ins]t+ subsection  
7i77#a74  7,b7 ,section #de;,a ( su*    
,code is am5d$-- 7i7 9 subsection       
7b77#a77;,b71 by add+ at ! end ! foll[+ 
new s5t5ce3 ,if any portion ( wages are 
tak5 into acc\nt "u subsection 7f77#a7 (
 section #ea1 ! prec$+ s5t5ce %all be   
appli$ by sub/itut+ #e-ye> p]iod =      
#a-ye> p]iod41  7ii7 9 subsection       
7c77#e77;,a71 by /rik+ section          
#ea7;i77#a7 & ins]t+ section            
#ea7;j77#a71 &  7iii7 9 subsection      
7e77#c71 by /rik+ section #ea7k7 &      
ins]t+ section #ea7l74  7,c7 ,section   
#de,s7h77#b7 ( su* ,code is am5d$ by    
/rik+ section #ea7;j7 & ins]t+ section  

#ea7k74  7,d7 ,section                  
#acif7;d77#b77;,a7 ( su* ,code is am5d$ 
by /rik+ section #ea7;i77#a7 & ins]t+   
section #ea7;j77#a74  7,e7 ,section     
#acig7;c7 ( su* ,code is am5d$ by /rik+ 
section #ea7k7 & ins]t+ section #ea7l74 
7,f7 ,section #caaa7;e77#c77;,b7 ( su*  
,code is am5d$ by /rik+ subsection      
7i77#c77;,a7 & ins]t+ subsection        
7j77#c77;,a74  7c7 ,inflation adju/m5t  
7#a7 ,9 g5]al ,section #ea ( su* ,code1 
z am5d$ by ! prec$+ provisions ( ?is    
section1 is am5d$ by add+ at ! end !    
foll[+ new subsection3  7m7 ,inflation  
adju/m5t  7#a7 ,9 g5]al ,9 ! case ( any 
taxable ye> beg9n+ aft] #bjbg1 ea* ( !  
doll> am\nts 9 subsection 7b77#c77;,b7 &
 ! #aj1jjj am\nt 9 subsection           
7e77#a77;,b7 %all be increas$ by an     
am\nt equal to--  7,a7 su* doll> am\nt1 
multipli$ by  7,b7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section #a7;f77#c7 = !      
cal5d> ye> 9 :i* ! taxable ye> beg9s1   
det]m9$ by sub/itut+ #8cal5d> ye> #bjbf'
 = #8cal5d> ye> #bjaf' 9 subp>agraph    

7,a77ii7 !re(4  7#b7 ,r\nd+ ,any        
increase det]m9$ "u p>agraph 7#a7 %all  
be r\nd$ to ! ne>e/ multiple ( #ajj4  4 
7#b7 ,con=m+ am5dm5ts  7,a7 ,limitation 
on wages p] ye> tak5 into acc\nt        
,section #ea7;b77#c7 ( su* ,code is     
am5d$ to read z foll[s3  7#c7           
,limitation on wages p] ye> tak5 into   
acc\nt  7,a7 ,9 g5]al ,! am\nt ( !      
qualifi$ fir/-ye> wages :i* may be tak5 
into acc\nt ) respect to any individual 
%all n exce$ ! applicable am\nt = !     
taxable ye>4  7,b7 ,applicable am\nt ,= 
purposes ( subp>agraph 7,a71 ! t]m      
applicable am\nt means--  7i7 #bd1jjj 9 
! case ( any individual :o is a qualifi$
 vet]an by reason ( subsection          
7d77#c77;,a77ii77,,ii71  7ii7 #ad1jjj 9 
! case ( any individual :o is a qualifi$
 vet]an by reason ( subsection          
7d77#c77;,a77iv71  7iii7 #ab1jjj 9 !    
case ( any individual :o is a qualifi$  
vet]an by reason ( subsection           
7d77#c77;,a77ii77,i71 &  7iv7 #f1jjj 9 !
 case ( any individual n describ$ 9     

clause 7i71 7ii71 or 7iii74  4  7,b7    
,qualifi$ summ] y\? employees ,section  
#ea7;d77#g77;,b77ii7 ( su* ,code is     
am5d$ to read z foll[s3  7ii7 ! am\nt ( 
! qualifi$ fir/-ye> wages :i* may be    
tak5 into acc\nt ) respect to su*       
employee %all n exce$ #ej p]c5t ( !     
doll> am\nt 9 effect = ! taxable ye> "u 
subsection 7b77#c77;,b77iv74  4  7,c7   
,special rules = agricultural labor &   
railway labor  7i7 ,9 g5]al ,section    
#ea7;i77#a7 ( su* ,code1 z r$esignat$ by
 subsection 7b71 is am5d$-- 7,i7 9      
subp>agraph 7,a71 by /rik+ #f1jjj &     
ins]t+ ! doll> am\nt 9 effect = !       
taxable ye> "u subsection               
7b77#c77;,b77iv71 &  7,,ii7 9           
subp>agraph 7,b71 by /rik+ #ejj & ins]t+
 #a_/ab ( ! doll> am\nt 9 effect = !    
taxable ye> "u subsection               
7b77#c77;,b77iv74  7ii7 ,relat$ con=m+  
am5dm5ts ,section #ea7;e77#c7 ( su*     
,code is am5d$ by /rik+ subp>agraphs    
7,a7 & 7,b7 & ins]t+ ! foll[+ new       
subp>agraphs3  7,a7 su* subp>agraph 7,a7

 %all be appli$ by sub/itut+ #8! doll>  
am\nt 9 effect = ! taxable ye> "u       
subsection 7e77#a77;,b7' = #8! doll>    
am\nt 9 effect = ! taxable ye> "u       
subsection 7b77#c77;,b77iv7'1 &  7,b7   
su* subp>agraph 7,b7 %all be appli$ by  
sub/itut+ #a_/ab ( ! doll> am\nt 9      
effect = ! taxable ye> "u subsection    
7e77#a77;,b7 = #a_/ab ( ! doll> am\nt 9 
effect = ! taxable ye> "u subsection    
7b77#c77;,b77iv74  4  7d7 ,effective    
dates  7#a7 ,ext5sion ,! am5dm5t made by
 subsection 7a7 %all apply to           
individuals :o beg9 "w = ! employ] aft] 
,decemb] #ca1 #bjbe4  7#b7 ,enhancem5t2 
inflation adju/m5t ,! am5dm5ts made by  
subsections 7b7 & 7c7 %all apply to     
individuals :o beg9 "w = ! employ] aft] 
,decemb] #ca1 #bjbf4  #d4 ,reports  7a7 
,9 g5]al ,! ,secret>y ( ! ,treasury 7or 
! ,secret>y's delegate7 %all1 9         
consultation ) ! ,adm9i/rator ( ! ,small
 ,bus9ess ,adm9i/ration1 submit to !    
appropriate congressional committees a  
report = ea* ( taxable ye>s #bjbg ?r\gh 

#bjcj on-- 7#a7 ! numb] ( small         
bus9esses t claim ! increas$ "w         
opportunity cr$it = qualifi$ small      
bus9esses "u section #ea7;f7 ( !        
,int]nal ,rev5ue ,code ( #aihf1  7#b7 ! 
employee ret5tion rates & wage gr[? (   
su* bus9esses1  7#c7 ! fiscal effect ( !
 increas$ "w opportunity cr$it =        
qualifi$ small bus9esses "u section     
#ea7;f7 ( su* ,code1 &  7#d7            
opportunities to improve outrea* to     
small bus9esses reg>d+ ! availability ( 
! "w opportunity cr$it "u section #ea ( 
su* ,code1 includ+ ! increas$ cr$it =   
qualifi$ small bus9esses "u subsection  
7f7 ( su* section4  7b7 ,appropriate    
congressional committees ,= purposes (  
?is section1 ! t]m appropriate          
congressional committees means--  7#a7 !
 ,committee on ,ways & ,means ( ! ,h\se 
( ,repres5tatives1  7#b7 ! ,committee on
 ,small ,bus9ess ( ! ,h\se (            
,repres5tatives1  7#c7 ! ,committee on  
,f9ance ( ! ,s5ate1 &  7#d7 ! ,committee
 on ,small ,bus9ess & ,entrepr5eur%ip ( 

! ,s5ate4