,,ii  #aai? ,,congress  #a/ ,session    
,s4 #acgb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #i1 #bjbe,ms4   
,cortez ,ma/o 7= h]self1 ,mr4 ,b5net1   
,ms4 ,alsobrooks1 ,ms4 ,baldw91 ,mr4    
,blum5?al1 ,ms4 ,blunt ,ro*e/]1 ,mr4    
,book]1 ,ms4 ,cantwell1 ,mr4 ,coons1    
,ms4 ,duckwor?1 ,mr4 ,durb91 ,mr4       
,fett]man1 ,mr4 ,gallego1 ,mrs4         
,gillibr&1 ,mr4 ,he9ri*1 ,mr4           
,hick5loop]1 ,ms4 ,hirono1 ,mr4 ,ka9e1  
,mr4 ,kelly1 ,mr4 ,kim1 ,mr4 ,k+1 ,ms4  
,klobu*>1 ,mr4 ,lujn1 ,mr4 ,m>key1 ,mr4 
,m]kley1 ,mr4 ,murphy1 ,mrs4 ,murray1   
,mr4 ,padilla1 ,mr4 ,pet]s1 ,mr4 ,re$1  
,ms4 ,ros51 ,mr4 ,s&]s1 ,mr4 ,s*atz1    
,mr4 ,s*iff1 ,mr4 ,s*um]1 ,mrs4 ,%ahe51 
,ms4 ,slotk91 ,ms4 ,smi?1 ,mr4 ,van     
,holl51 ,mr4 ,w>n]1 ,mr4 ,w>nock1 ,ms4  
,w>r51 ,mr4 ,wel*1 ,mr4 ,:iteh\se1 &    
,mr4 ,wyd57 introduc$ ! foll[+ bill2 :i*
 0 read twice & ref]r$ to ! ,committee  
on ,f9ance  ,a ,,bill  ,to am5d !       
,int]nal ,rev5ue ,code ( #aihf to exp&1 
& make p]man5t c]ta9 modifications (1 ! 

e>n$ income cr$it4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,tax ,cut =       
,work]s ,act ( #bjbe4  #b4 ,p]man5t     
ext5sion ( e>n$ income cr$it rules =    
individuals )\t qualify+ *ildr5  7a7    
,decrease 9 m9imum age = cr$it  7#a7 ,9 
g5]al ,subclause 7,,ii7 ( section       
#cb7;c77#a77;,a77ii7 ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
age #be & ins]t+ ! applicable m9imum    
age4  7#b7 ,applicable m9imum age       
,p>agraph 7#a7 ( section #cb7;c7 ( su*  
,code is am5d$ by add+ at ! end ! foll[+
 new subp>agraph3  7,f7 ,applicable     
m9imum age ,= purposes ( ?is p>agraph-- 
7i7 ,9 g5]al ,! t]m applicable m9imum   
age means-- 7,i7 except z o!rwise       
provid$ 9 ?is clause1 age #ai1  7,,ii7 9
 ! case ( a /ud5t 7z def9$ 9 section    
#aeb7;f77#b771 o!r ?an a qualifi$ =m]   
fo/] y\? or a qualifi$ homeless y\?1 age
 #bd1 &  7,,iii7 9 ! case ( a qualifi$  
=m] fo/] y\? or a qualifi$ homeless y\?1
 age #ah4  7ii7 ,qualifi$ =m] fo/] y\?  
,= purposes ( ?is subp>agraph1 ! t]m    

qualifi$ =m] fo/] y\? means an          
individual :o-- 7,i7 on or aft] ! date t
 su* individual atta9$ age #ad1 0 9 fo/]
 c>e provid$ "u ! sup]vision or         
adm9i/ration ( an entity adm9i/]+ 7or   
eligible to adm9i/]7 a plan "u "p ,b or 
"p ,e ( title ,,iv ( ! ,social ,security
 ,act 7)\t reg>d to :e!r ,f$]al         
assi/ance 0 provid$ ) respect to su*    
*ild "u su* "p ,e71 &  7,,ii7 provides  
79 su* mann] z ! ,secret>y may provide7 
cons5t = entities :i* adm9i/] a plan "u 
"p ,b or "p ,e ( title ,,iv ( ! ,social 
,security ,act to disclose to !         
,secret>y in=mation relat$ to ! /atus ( 
su* individual z a qualifi$ =m] fo/]    
y\?4  7iii7 ,qualifi$ homeless y\? ,=   
purposes ( ?is subp>agraph1 ! t]m       
qualifi$ homeless y\? means1 ) respect  
to any taxable ye>1 an individual :o    
c]tifies1 9 a mann] z provid$ by !      
,secret>y1 t su* individual is ei!r an  
unaccompani$ y\? :o is a homeless *ild  
or y\?1 or is unaccompani$1 at risk (   
homelessness1 & self-support+4  4  7b7  

,elim9ation ( maximum age = cr$it       
,subclause 7,,ii7 ( section             
#cb7;c77#a77;,a77ii7 ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
b n atta9$ age #fe4  7c7 ,increase 9    
cr$it & phase\t p]c5tages ,! table      
conta9$ 9 p>agraph 7#a7 ( section       
#cb7;b7 ( ! ,int]nal ,rev5ue ,code (    
#aihf is am5d$ by /rik+ #g4fe ea* place 
x appe>s & ins]t+ #ae4c4  7d7 ,increase 
9 e>n$ income & phase\t am\nts ,! table 
conta9$ 9 subp>agraph 7,a7 ( section    
#cb7;b77#b7 ( ! ,int]nal ,rev5ue ,code (
 #aihf is am5d$-- 7#a7 by /rik+ #d1bbj &
 ins]t+ #i1hbj1 &  7#b7 by /rik+ #e1bhj 
& ins]t+ #aa1faj4  7e7 ,inflation       
adju/m5ts  7#a7 ,9 g5]al ,p>agraph 7#a7 
( section #cb7;j7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ to read z foll[s3
  7#a7 ,9 g5]al ,9 ! case ( any taxable 
ye> beg9n+ aft]-- 7,a7 #bjba1 9 ! case (
 ! doll> am\nt 9 subsection 7i77#a71    
7,b7 #bjbf1 9 ! case ( ! doll> am\nts 9 
! ?ird r[ ( ! table 9 subsection        
7b77#b77;,a71 &  7,c7 #bjae1 9 any o!r  

case1  ea* ( ! doll> am\nts 9           
subsections 7b77#b7 & 7i77#a7 %all be   
increas$ by an am\nt equal to !         
inflation am\nt4  4  7#b7 ,inflation    
am\nt ,subsection 7j7 ( section #cb (   
su* ,code is am5d$ by add+ at ! end !   
foll[+ new p>agraph3  7#c7 ,inflation   
am\nt ,= purposes ( p>agraph 7#a71 !    
inflation am\nt ) respect to any doll>  
am\nt = any taxable ye> is ! am\nt equal
 to-- 7,a7 su* doll> am\nt1 multipli$ by
  7,b7 ! p]c5tage 7if any7 by :i*-- 7i7 
! ,,cpi 7z def9$ 9 section #a7;f77#d77 =
 ! cal5d> ye> prec$+ ! ye> 9 :i* !      
taxable ye> beg9s1 exce$s  7ii7 ! ,,cpi 
7z s def9$7 =-- 7,i7 9 ! case ( am\nts 9
 ! ?ird r[ ( ! table 9 subsection       
7b77#b77;,a71 #bjbe1  7,,ii7 9 ! case ( 
any o!r am\nt 9 subsection 7b77#b77;,a71
 #aiie1  7,,iii7 9 ! case ( ! #e1jjj    
am\nt 9 subsection 7b77#b77;,b71 #bjjh1 
&  7,,iv7 9 ! case ( ! #aj1jjj am\nt 9  
subsection 7i77#a71 #bjbj4  4  7f7      
,con=m+ am5dm5t ,section #cb ( !        
,int]nal ,rev5ue ,code ( #aihf is am5d$ 

by /rik+ subsection 7n74  7g7 ,effective
 date ,! am5dm5ts made by ?is section   
%all apply to taxable ye>s beg9n+ aft]  
,decemb] #ca1 #bjbe4  #c4 ,application (
 e>n$ income cr$it to possessions ( !   
,unit$ ,/ates  7a7 ,pu]to ,rico         
,subp>agraph 7,b7 ( section             
#gecj7;a77#a7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by /rik+ 9 ! case (   
cal5d> ye>s #bjba ?r\gh #bjbe14  7b7    
,possessions ) mirror code tax sy/ems   
,subp>agraph 7,b7 ( section             
#gecj7;b77#a7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by /rik+ 9 ! case (   
cal5d> ye>s #bjba ?r\gh #bjbe14  7c7    
,am]ican ,samoa ,subp>agraph 7,b7 (     
section #gecj7;c77#a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
9 ! case ( cal5d> ye>s #bjba ?r\gh      
#bjbe14  #d4 ,election to use prior ye> 
e>n$ income  7a7 ,9 g5]al ,p>agraph 7#b7
 ( section #cb7;c7 ( ! ,int]nal ,rev5ue 
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new subp>agraph3  7,c7         
,election to use prior ye> e>n$ income  

7i7 ,9 g5]al ,if ! e>n$ income ( !      
taxpay] = any taxable ye> is less ?an ! 
e>n$ income ( ! taxpay] = ! prec$+      
taxable ye>1 ! cr$it all[$ "u subsection
 7a7 may1 at ! election ( ! taxpay]1 be 
det]m9$ by sub/itut+-- 7,i7 su* e>n$    
income = su* prec$+ taxable ye>1 =      
7,,ii7 su* e>n$ income = ! taxable ye> =
 :i* su* cr$it is be+ det]m9$4  7ii7    
,application to jo9t returns ,= purposes
 ( clause 7i71 9 ! case ( a jo9t return1
 ! e>n$ income ( ! taxpay] = ! prec$+   
taxable ye> %all be ! sum ( ! e>n$      
income ( ea* sp\se = su* taxable ye>4   
7iii7 ,special rules  7,i7 ,errors      
treat$ z ma!matical errors ,= purposes (
 section #fbac1 an incorrect use on a   
return ( e>n$ income pursuant to clause 
7i7 %all be treat$ z a ma!matical or    
cl]ical error4  7,,ii7 ,no effect on    
det]m9ation ( gross income1 etc ,except 
z o!rwise provid$ 9 ?is subp>agraph1 ?is
 title %all be appli$ )\t reg>d to any  
sub/itution "u clause 7i74  4  7b7      
,effective date ,! am5dm5t made by      

subsection 7a7 %all apply to taxable    
ye>s beg9n+ aft] ,decemb] #ca1 #bjbe4