,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #hiie  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #ba1 #bjbf,mr4   
,roy introduc$ ! foll[+ bill2 :i* 0     
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to modify ! excise tax on
 remittance transf]s1 & = o!r purposes4 
#a4 ,%ort title  ,?is ,act may be cit$ z
 ! ,r$uc+ ,ext]nal ,monet>y             
,int]national ,transf]s ,to ,advance    
,national ,capital ,effici5cy ,act or ! 
,,remittance ,act4  #b4 ,modification ( 
excise tax on remittance transf]s  7a7  
,excise tax increas$ ,section #ddge7;a7 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$ by /rik+ #a p]c5t & ins]t+ #be    
p]c5t4  7b7 ,removal ( limitations on   
excise tax ,section #ddge ( su* ,code is
 am5d$ by /rik+ subsections 7c7 ?r\gh   
7e71 by r$esignat+ subsection 7f7 z     
subsection 7d71 & by ins]t+ aft]        
subsection 7b7 ! foll[+ new subsection3 
7c7 ,def9itions ,= purposes ( ?is       
section1 ! t]ms remittance transf]1     

remittance transf] provid]1 & s5d] %all 
ea* h ! respective mean+s giv5 su* t]ms 
by section #iai7;g7 ( ! ,electronic     
,fund ,transf] ,act 7#ae ,u4,s4,c4      
#afico-#a7;g774  4  7c7 ,te*nical       
am5dm5t ,section #ddge7;b77#b7 ( su*    
,code is am5d$ by /rik+ ! comma at ! end
 & ins]t+ a p]iod4  7d7 ,effective date 
,! am5dm5ts made by ?is section %all    
take effect z if includ$ 9 section      
#gjfjd ( ,public ,law #aai-ba4  7e7     
,excise tax us$ = deficit r$uction      
,am\nts receiv$ "u section #ddge7;a7 ( !
 ,int]nal ,rev5ue ,code ( #aihf 7z am5d$
 by ?is section7 %all be deposit$ 9 !   
g5]al fund ( ! ,treasury = ! sole       
purpose ( deficit r$uction4  #c4        
,e/abli%m5t ( refundable tax cr$it =    
excise tax paid on c]ta9 remittance     
transf]s by citiz5s ( ! ,unit$ ,/ates   
7a7 ,9 g5]al ,subp>t ,c ( "p ,,iv (     
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] section #cf;,b ! foll[+ new       
section3  #cf;,c4 ,excise tax paid on   

c]ta9 remittance transf]s by citiz5s ( !
 ,unit$ ,/ates  7a7 ,9 g5]al ,9 ! case (
 any individual :o is a citiz5 ( !      
,unit$ ,/ates1 !re %all be all[$ z a    
cr$it aga9/ ! tax impos$ by ?is subtitle
 = any taxable ye> an am\nt equal to !  
aggregate am\nt ( tax paid by su*       
individual "u section #ddge7;b77#a7 =   
bus9ess or travel purposes 7z det]m9$ by
 ! ,secret>y7 dur+ su* taxable ye>4  7b7
 ,regulations ,! ,secret>y %all         
prescribe su* regulations or o!r        
guidance z may be necess>y or           
appropriate to c>ry out ! purposes ( ?is
 section4  4  7b7 ,con=m+ am5dm5ts  7#a7
 ,section #fbaa7;b77#d77;,a7 ( su* ,code
 is am5d$ by ins]t+ #cf;,c1 aft]        
#cf;,b14  7#b7 ,section #acbd7;b77#b7 ( 
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by ins]t+ #cf;,c1 aft] #cf;,b14  7#c7  
,! table ( sections = subp>t ,c ( "p    
,,iv ( sub*apt] ,a ( *apt] #a ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] ! item relat+ to section 
#cf;,b ! foll[+ new item3  ,sec4 #cf;,c4

 ,excise tax paid on c]ta9 remittance   
transf]s by citiz5s ( ! ,unit$ ,/ates4  
4  7c7 ,effective date ,! am5dm5ts made 
by ?is section %all apply ) respect to  
taxable ye>s end+ aft] ! date ( !       
enactm5t ( ?is ,act4