S.Amdt. 1740

SA 1740. Ms. COLLINS (for herself and Mr. King) submitted an
amendment intended to be proposed to amendment SA 1618 proposed by Mr.
McConnell (for Mr. Hatch (for himself and Ms. Murkowski)) to the bill
H.R. 1, to provide for reconciliation pursuant to titles II and V of
the concurrent resolution on the budget for fiscal year 2018; which was
ordered to lie on the table; as follows:

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

SEC. 2. REFUNDABILITY OF CHILD AND DEPENDENT CARE TAX CREDIT.

(a) In General.--The Internal Revenue Code of 1986 is
amended--
(1) by redesignating section 21 as section 36C, and
(2) by moving section 36C, as so redesignated, from subpart
A of part IV of subchapter A of chapter 1 to the location
immediately before section 37 in subpart C of part IV of
subchapter A of chapter 1.
(b) Technical Amendments.--
(1) Paragraph (1) of section 23(f) is amended by striking
``21(e)'' and inserting ``36C(e)''.
(2) Paragraph (6) of section 35(g) is amended by striking
``21(e)'' and inserting ``36C(e)''.
(3) Paragraph (1) of section 36C(a) (as redesignated by
subsection (a)) is amended by striking ``this chapter'' and
inserting ``this subtitle''.
(4) Subparagraph (C) of section 129(a)(2) is amended by
striking ``section 21(e)'' and inserting ``section 36C(e)''.
(5) Paragraph (2) of section 129(b) is amended by striking
``section 21(d)(2)'' and inserting ``section 36C(d)(2)''.
(6) Paragraph (1) of section 129(e) is amended by striking
``section 21(b)(2)'' and inserting ``section 36C(b)(2)''.
(7) Subsection (e) of section 213 is amended by striking
``section 21'' and inserting ``section 36C''.
(8) Subparagraph (H) of section 6213(g)(2) is amended by
striking ``section 21'' and inserting ``section 36C''.
(9) Subparagraph (L) of section 6213(g)(2) is amended by
striking ``section 21, 24, or 32,'' and inserting ``section
24, 32, or 36C,''.
(10) Paragraph (2) of section 1324(b) of title 31, United
States Code, is amended by inserting ``36C,'' after ``36B,''.
(11) The table of sections for subpart C of part IV of
subchapter A of chapter 1 is amended by inserting after the
item relating to section 36B the following:

``Sec. 36C. Expenses for household and dependent care services
necessary for gainful employment.''.

(12) The table of sections for subpart A of such part IV is
amended by striking the item relating to section 21.
(c) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2017.
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