S.Amdt. 2541

SA 2541. Mr. LEE submitted an amendment intended to be proposed to
amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill
H.R. 1, to provide for reconciliation pursuant to title II of H. Con.
Res. 14; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. _____. LIMITATION OF TAX BENEFITS TO ELIGIBLE ALIENS.

(a) Deduction for Seniors.--Section 151(d)(5)(C), as added
by this Act, is amended by adding at the end the following
new clause:
``(vi) Deduction permitted only for certain individuals.--
In the case of an individual who is an alien, such individual
shall be treated as a qualified individual only if such
individual is an eligible alien (as defined in section
36B(e)(2)(B), without regard to clause (ii) thereof).''.
(b) Child Tax Credit.--Section 24(h), as amended by this
Act, is further amended--
(1) by striking ``or, in the case of a joint return, the
social security number of at least 1 spouse'' in paragraph
(7)(A)(i) and inserting ``the social security numbers of both
spouses, in the case of a joint return'', and
(2) by adding at the end the following new paragraph:
``(8) Credit permitted only for certain individuals.--In
the case of a taxpayer who is an alien, no credit shall be
allowed under this section unless the taxpayer is an eligible
alien (as defined in section 36B(e)(2)(B), without regard to
clause (ii) thereof).''.
(c) No Tax on Tips.--Section 224, as added by this Act, is
amended by redesignating subsections (g) and (h) as
subsections (h) and (i), respectively, and by inserting after
subsection (f) the following new subsection:
``(g) Deduction Permitted Only for Certain Individuals.--In
the case of an individual who is an alien, no deduction shall
be allowed under this section unless such individual is an
eligible alien (as defined in section 36B(e)(2)(B), without
regard to clause (ii) thereof).''.
(d) No Tax on Overtime.--Section 225, as added by this Act,
is amended by redesignating subsections (f) and (g) as
subsections (g) and (h), respectively, and by inserting after
subsection (e) the following new subsection:
``(f) Deduction Permitted Only for Certain Individuals.--In
the case of an individual who is an alien, no deduction shall
be allowed under this section unless such individual is an
eligible alien (as defined in section 36B(e)(2)(B), without
regard to clause (ii) thereof).''.
(e) No Tax on Car Loan Interest.--Section 163(h)(4)(E), as
added by this Act, is amended by adding at the end the
following new clause:
``(iv) Exclusion permitted only for certain individuals.--
In the case of a taxpayer who is an alien, subparagraph (A)
shall not apply unless the taxpayer is an eligible alien (as
defined in section 36B(e)(2)(B), without regard to clause
(ii) thereof).''.
(f) American Opportunity and Lifetime Learning Credits.--
Section 25A(g) is amended by adding at the end the following
new paragraph:
``(9) Credit permitted only for certain individuals.--In
the case of a taxpayer who is an alien, this section shall
apply only if the taxpayer is an eligible alien (as defined
in section 36B(e)(2)(B), without regard to clause (ii)
thereof).''.
(g) Earned Income Credit.--Section 32(c)(1) is amended by
adding at the end the following new subparagraph:
``(F) Credit permitted only for certain individuals.--In
the case of an individual who is an alien, such individual
shall be treated as an eligible individual only if such
individual is an eligible alien (as defined in section
36B(e)(2)(B), without regard to clause (ii) thereof).''.

[[Page S4006]]

(h) Trump Accounts Contribution Pilot Program.--Section
6434, as added by this Act, is amended by adding at the end
the following new subsection:
``(j) Credit Permitted Only for Certain Individuals.--In
the case of a taxpayer who is an alien, no credit shall be
allowed under this section unless the taxpayer is an eligible
alien (as defined in section 36B(e)(2)(B), without regard to
clause (ii) thereof).''.
(i) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2026.
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