,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #bijj  ,,in ,,the ,,house ,,of  
,,representatives  ,april #aj1 #bjbe,ms4
 ,tenney 7for herself and ,mr4          
,schneider7 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 increase and make    
fully refundable the ,child and         
,dependent ,care ,tax ,credit1 to       
increase the maximum amount excludable  
from gross income for employer-provided 
dependent care assistance1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the ,promoting          
,affordable ,childcare for ,everyone    
,act or the ,,pace ,act4  #b4           
,refundability of ,child and ,dependent 
,care ,tax ,credit  7a7 ,in general ,the
 ,internal ,revenue ,code of #aihf is   
amended-- 7#a7 by redesignating section 
#ba as section #cf;,c2 and  7#b7 by     
moving section #cf;,c1 as so            
redesignated1 from subpart ,a of part   

,,iv of subchapter ,a of chapter #a to  
the location immediately before section 
#cg in subpart ,c of part ,,iv of       
subchapter ,a of chapter #a4  7b7       
,technical amendments  7#a7 ,paragraph  
7#a7 of section #bc7;f7 of the ,internal
 ,revenue ,code of #aihf is amended by  
striking #ba7;e7 and inserting          
#cf;,c7e74  7#b7 ,paragraph 7#f7 of     
section #ce7;g7 of such ,code is amended
 by striking #ba7;e7 and inserting      
#cf;,c7e74  7#c7 ,paragraph 7#a7 of     
section #cf;,c7a7 of such ,code 7as     
redesignated by subsection 7a77 is      
amended by striking this chapter and    
inserting this subtitle4  7#d7          
,subparagraph 7,c7 of section           
#abi7;a77#b7 of such ,code is amended by
 striking section #ba7;e7 and inserting 
section #cf;,c7e74  7#e7 ,paragraph 7#b7
 of section #abi7;b7 of such ,code is   
amended by striking section #ba7;d77#b7 
and inserting section #cf;,c7d77#b74    
7#f7 ,paragraph 7#a7 of section #abi7;e7
 of such ,code is amended by striking   

section #ba7;b77#b7 and inserting       
section #cf;,c7b77#b74  7#g7 ,subsection
 7e7 of section #bac of such ,code is   
amended by striking section #ba and     
inserting section #cf;,c4  7#h7         
,subparagraph 7,h7 of section           
#fbac7;g77#b7 of such ,code is amended  
by striking section #ba and inserting   
section #cf;,c4  7#i7 ,subparagraph 7,l7
 of section #fbac7;g77#b7 of such ,code 
is amended by inserting #cf;,c1 after   
#cb14  7#aj7 ,paragraph 7#b7 of section 
#acbd7;b7 of title #ca1 ,united ,states 
,code1 is amended by inserting #cf;,c1  
after #cf;,b14  7#aa7 ,the table of     
sections for subpart ,c of part ,,iv of 
subchapter ,a of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by inserting after the item     
relating to section #cf;,b the          
following3  ,sec4 #cf;,c4 ,expenses for 
household and dependent care services   
necessary for gainful employment4  4    
7#ab7 ,the table of sections for subpart
 ,a of part ,,iv of subchapter ,a of    

chapter #a of such ,code is amended by  
striking the item relating to section   
#ba4  7c7 ,effective date ,the          
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjbe4  #c4 ,enhancement 
of the ,child and ,dependent ,care ,tax 
,credit  7a7 ,in general ,section #cf;,c
 of the ,internal ,revenue ,code of     
#aihf1 as redesignated by section #b of 
this ,act1 is amended-- 7#a7 in         
paragraph 7#b7 of subsection 7a71 by    
striking #ce percent reduced 7but not   
below #bj percent7 and inserting #ej    
percent reduced 7but not below #ce      
percent72  7#b7 by striking subsection  
7g7 and redesignating subsection 7f7 as 
subsection 7g72 and  7#c7 by inserting  
after subsection 7e7 the following new  
subsection3  7f7 ,inflation adjustment  
7#a7 ,in general ,in the case of any    
taxable year beginning after #bjbe1 each
 of the dollar amounts in subsections   
7a77#b7 and 7c7 shall be increased by an
 amount equal to-- 7,a7 such dollar     

amount1 multiplied by  7,b7 the         
cost-of-living adjustment determined    
under section #a7;f77#c7 for the        
calendar year in which the taxable year 
begins1 determined by substituting      
calendar year #bjbd for calendar year   
#bjaf in subparagraph 7,a77ii7 thereof4 
7#b7 ,rounding ,if any increase         
determined under paragraph 7#a7 is not a
 multiple of #ej1 such increase shall be
 rounded to the nearest multiple of #ej4
  4  7b7 ,effective date ,the amendments
 made by this section shall apply to    
taxable years beginning after ,december 
#ca1 #bjbe4  #d4 ,increase in exclusion 
for employer-provided dependent care    
assistance  7a7 ,in general             
,subparagraph 7,a7 of section           
#abi7;a77#b7 of the ,internal ,revenue  
,code of #aihf 7relating to dependent   
care assistance programs7 is amended by 
striking #e1jjj 7#b1ejj and inserting   
#g1ejj 7half such dollar amount4  7b7   
,inflation adjustment ,paragraph 7#b7 of
 section #abi7;a7 of such ,code is      

amended by striking subparagraph 7,d7   
and inserting the following new         
subparagraph3  7,d7 ,inflation          
adjustment ,in the case of any taxable  
year beginning in a calendar year after 
#bjbf1 the #g1ejj amount in subparagraph
 7,a7 shall be increased by an amount   
equal to-- 7i7 such dollar amount1      
multiplied by  7ii7 the cost-of-living  
adjustment determined under section     
#a7;f77#c7 for the calendar year in     
which the taxable year begins1          
determined by substituting calendar year
 #bjbe for calendar year #bjaf in       
subparagraph 7,a77ii7 thereof4  ,any    
increase determined under the preceding 
sentence shall be rounded to the nearest
 multiple of #ajj4  4  7c7 ,effective   
date ,the amendments made by this       
section shall apply to taxable years    
beginning after ,december #ca1 #bjbe4