,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #caee  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #a1 #bjbe,mr4    
,ku/(f 7= himself & ,ms4 ,t5ney7        
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 ,increase 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 ( any qualifi$    
*ild c>e exp5ditures ( an eligible small
 bus9ess1 #ej p]c5t1 &  7iii7 9 ! case (
 any qualifi$ *ild c>e exp5ditures paid 
or incurr$ 9 connection ) a qualifi$    
*ild c>e facility locat$ 9 an eligible  
area1 #fj p]c5t4  7,b7 ,eligible small  
bus9ess ,= purposes ( 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$+ taxable ye>s 0 #ejj or few]4 ,=  
purposes ( ! prec$+ s5t5ce1 a prec$+    
taxable ye> may be tak5 into acc\nt only
 if ! taxpay] 0 9 exi/5ce ?r\gh\t ! ye>4
  7,c7 ,eligible area  7i7 ,9 g5]al ,=  
purposes ( subp>agraph 7,a71 ! t]m      
eligible area means-- 7,i7 a c5sus tract
 describ$ 9 section #de;,d7e71 or       
7,,ii7 a rural c\nty4  7ii7 ,rural c\nty

  7,i7 ,9 g5]al ,= purposes ( ?is       
subp>agraph1 ! t]m rural c\nty means a  
c\nty 9 :i* great] ?an #ej p]c5t ( !    
population ( su* c\nty resides 9 c5sus  
blocks t are designat$ z rural blocks 7z
 det]m9$ by ! ,bureau ( ! ,c5sus accord+
 to ! mo/ rec5t dec5nial c5sus74  7,,ii7
 ,designation :]e no c\nty ,= purposes (
 subclause 7,i71 a rule simil> to ! rule
 ( section #adc7k77#b77;,d7 %all apply4 
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 ,guidance reg>d+             

multi-employ] facilities ,section #de;,f
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by add+ at ! end ! foll[+ new     
subsection3  7g7 ,guidance ,! ,secret>y 
%all issue su* guidance z may be        
necess>y to c>ry out ! purposes ( ?is   
section1 includ+ guidance on !          
application ( ?is section to            
multi-employ] facilities4  4  #d4       
,dissem9ation ( in=mation  7a7 ,9 g5]al 
,n lat] ?an #a 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  #e4 ,,gao /udy on       
regulatory b>ri]s affect+               
employ]-provid$ *ild c>e  7a7 ,9 g5]al  
,n lat] ?an #ab mon?s aft] ! date (     
enactm5t ( ?is ,act1 ! ,comptroll]      
,g5]al ( ! ,unit$ ,/ates %all submit to 
! applicable ,congressional committees a
 report exam9+-- 7#a7 ,/ate & local     
lic5sure & regulatory requirem5ts       
affect+ *ild c>e facilities2  7#b7      
compliance co/s & op]ational b>ri]s =   
*ild c>e provid]s1 p>ticul>ly ) respect 
to provid]s op]at+ 9 multiple ,/ates2 & 
7#c7 opportunities to r$uce regulatory  
burd5s :ile ma9ta9+ safety & quality    
/&>ds1 includ+ h[ su* improvem5ts c\ld  
enhance employ] p>ticipation "u section 
#de;,f ( ! ,int]nal ,rev5ue ,code (     
#aihf4  7b7 ,recomm5dations ,! report   
describ$ 9 subsection 7a7 %all include  
recomm5dations =-- 7#a7 updat+1 exp&+1  
or o!rwise /r5g!n+ regulations affect+  
*ild c>e facilities2  7#b7 enhanc+      
uni=mity across ,/ate regulatory        
frameworks to facilitate great] employ] 

p>ticipation 9 provid+ high-quality *ild
 c>e2  7#c7 r$uc+ b>ri]s = multi-employ]
 facilities seek+ to make use ( ! cr$it 
provid$ "u section #de;,f ( ! ,int]nal  
,rev5ue ,code ( #aihf2 &  7#d7 r$uc+    
b>ri]s = multi-/ate op]ators seek+ to   
qualify = ! cr$it provid$ "u section    
#de;,f ( ! ,int]nal ,rev5ue ,code (     
#aihf4  7c7 ,applicable ,congressional  
committees ,= purposes ( ?is section1 ! 
t]m applicable ,congressional committees
 means--  7#a7 ! ,committees on ,f9ance 
& ,heal?1 ,education1 ,labor1 & ,p5sions
 ( ! ,s5ate2 &  7#b7 ! ,committees on   
,ways & ,means & ,education & ! ,work=ce
 ( ! ,h\se ( ,repres5tatives4