,,ii  #aai? ,,congress  #a/ ,session    
,s4 #cecd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #ag1 #bjbe,mr4
 ,w>n] 7= himself & ,mr4 ,ju/ice7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide a cr$it
 = increas+ wages paid to *ild c>e      
provid]s4  #a4 ,*ild c>e supply cr$it   
7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv (     
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new section3          
#de;,,bb4 ,*ild c>e supply cr$it  7a7 ,9
 g5]al ,= purposes ( section #ch1 !     
am\nt ( ! *ild c>e supply cr$it det]m9$ 
"u ?is section ) respect to any employ] 
= any taxable ye> is an am\nt equal to !
 applicable p]c5tage ( ! qualifi$ *ild  
c>e wages paid or incurr$ by ! employ]4 
7b7 ,applicable p]c5tage ,= purposes (  
?is section-- 7#a7 ,9 g5]al ,except z   
provid$ 9 p>agraph 7#b71 ! applicable   
p]c5tage is #e p]c5t4  7#b7 ,rural areas

  7,a7 ,9 g5]al ,9 ! case ( qualifi$    
*ild c>e wages paid or incurr$ ) respect
 to employm5t at an eligible *ildc>e    
facility :i* is locat$ 9 a rural area1 !
 applicable p]c5tage is #g p]c5t4  7,b7 
,rural area def9$ ,= purposes ( ?is     
p>agraph1 ! t]m rural area means any    
area o!r ?an an urban area 7z def9$ 9   
section #aja7;a77#ce7 ( title #bc1      
,unit$ ,/ates ,code74  7c7 ,def9itions  
,= purposes ( ?is section-- 7#a7        
,qualifi$ *ild c>e wages  7,a7 ,9 g5]al 
,! t]m qualifi$ *ild c>e wages means    
wages paid to qualifi$ *ild c>e work]s4 
7,b7 ,wages ,! t]m wages has ! mean+    
giv5 su* t]m by subsection 7b7 ( section
 #ccjf 7det]m9$ )\t reg>d to any doll>  
limitation conta9$ 9 su* section74 ,su* 
t]m %all n include any am\nt tak5 into  
acc\nt = purposes ( det]m9+ any o!r     
cr$it all[$ "u ?is subp>t4  7#b7        
,qualifi$ *ild c>e work]  7,a7 ,9 g5]al 
,! t]m qualifi$ *ild c>e work] means any
 employee :o-- 7i7 is employ$ at an     
eligible *ild c>e facility1 &  7ii7     

provides *ild c>e s]vices4  7#c7        
,eligible *ild c>e facility ,! t]m      
eligible *ild c>e facility means any    
facility :i*-- 7,a7 provides *ild c>e   
s]vices = at lea/ #f individuals1  7,b7 
receives a fee1 paym5t1 or grant =      
provid+ su* s]vices1 &  7,c7 complies ) 
all applicable laws & regulations ( a   
,/ate or unit ( local gov]nm5t4  7#d7   
,*ild c>e s]vices ,! t]m *ild c>e       
s]vices means ! provid+ ( c>e1          
education1 protection1 sup]vision1 or   
guidance to *ildr54  7d7 ,election ,to h
 cr$it n apply  7#a7 ,9 g5]al ,a taxpay]
 may elect to h ?is section n apply =   
any taxable ye>4  7#b7 ,o!r rules ,rules
 simil> to ! rules ( p>agraphs 7#b7 &   
7#c7 ( section #ea7;j7 %all apply =     
purposes ( ?is subsection4  4  7b7      
,cr$it treat$ z "p ( g5]al bus9ess cr$it
 ,section #ch7;b7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by /rik+ plus at 
! end ( p>agraph 7#dj71 by /rik+ ! p]iod
 at ! end ( p>agraph 7#da7 & ins]t+ 1   
plus1 & by add+ at ! end ! foll[+ new   

p>agraph3  7#db7 ! *ild c>e supply cr$it
 det]m9$ "u section #de;,,bb7a74  4  7c7
 ,elective paym5t ,section #fdag7;b7 ( !
 ,int]nal ,rev5ue ,code ( #aihf is am5d$
 by add+ at ! end ! foll[+ new p>agraph3
  7#ac7 ,! *ild c>e supply cr$it det]m9$
 "u section #de;,,bb7a74  4  7d7 ,d5ial 
( d\ble b5efit ,section #bhj;,c7a7 ( !  
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ #de;,,bb7a71 aft] #de,s7a714  
7e7 ,cl]ical am5dm5t ,! table ( sections
 = subp>t ,d ( "p ,,iv ( sub*apt] ,a (  
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end ! foll[+
 new item3  ,sec4 #de;,,bb4 ,*ild c>e   
supply cr$it4  4  7f7 ,effective date ,!
 am5dm5ts made by ?is section %all apply
 to taxable ye>s beg9n+ aft] ! date ( ! 
enactm5t ( ?is ,act4