S.Amdt. 3583

1. Adds SEC. 1006. ELIGIBILITY OF SELF-EMPLOYED FOR TRANSITIONAL SMALL BUSINESS TAX CREDIT at the end of subtitle A of title I

   Adds a section

   In H.R. 4872 · Placed on Calendar Senate

   (b) Funding.--There is appropriated to the Fund, out of any funds in the Treasury not otherwise appropriated, $1,000,000,000 for Federal administrative expenses to carry out such Act (and the amendments made by such Acts).

   Inserted: SEC. 1006. ELIGIBILITY OF SELF-EMPLOYED FOR TRANSITIONAL SMALL BUSINESS TAX CREDIT.

   Inserted: (a) In General.--Section 45R(g) of the Internal Revenue Code of 1986, as added by section 1421 of the Patient Protection and Affordable Care Act, is amended by adding at the end the following:

   Inserted: "(4) Credit allowed for self-employed.--

   Inserted: "(A) In general.--Notwithstanding subsection (e)(1)(A)(i), the term 'employee' shall include an employee withing the meaning of section 401(c)(1).

   Inserted: "(B) Payroll taxes.--For purposes of applying subsection (f) to an employee described in subparagraph (A), the term 'payroll taxes' includes the amount of taxes imposed on such employee under section 1401(b).".

   Inserted: (b) Effective Date.--The amendments made by this section shall take effect as if included in the Patient Protection and Affordable Care Act.

   Original wording

   At the end of subtitle A of title I, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed