[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1500 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 1500

    To amend the Internal Revenue Code of 1986 to increase and make 
                 refundable the dependent care credit.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 12, 2009

  Mr. Peters introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to increase and make 
                 refundable the dependent care credit.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Helping Families Afford to Work 
Act''.

SEC. 2. INCREASE IN DEPENDENT CARE CREDIT.

    (a) Increase in Incomes Eligible for Full Credit.--Paragraph (2) of 
section 21(a) of the Internal Revenue Code of 1986 is amended by 
striking ``$15,000'' and inserting ``$20,000''.
    (b) Increase in Percentage of Expenses Allowable.--Paragraph (2) of 
section 21(a) of such Code is amended--
            (1) by striking ``35 percent'' and inserting ``50 
        percent'', and
            (2) by striking ``20 percent'' and inserting ``35 
        percent''.
    (c) Increase in Dollar Limit on Amount Creditable.--Subsection (c) 
of section 21 of such Code is amended--
            (1) by striking ``$3,000'' in paragraph (1) and inserting 
        ``$6,000'', and
            (2) by striking ``$6,000'' in paragraph (2) and inserting 
        ``$12,000''.
    (d) Credit To Be Refundable.--
            (1) In general.--Section 21 of such Code is hereby moved to 
        subpart C of part IV of subchapter A of chapter 1 of such Code 
        (relating to refundable credits) and inserted after section 
        36A.
            (2) Technical amendments.--
                    (A) Section 21 of such Code, as so moved, is 
                redesignated as section 36B.
                    (B) Paragraph (1) of section 36B(a) of such Code 
                (as redesignated by paragraph (2)) is amended by 
                striking ``this chapter'' and inserting ``this 
                subtitle''.
                    (C) Paragraph (1) of section 23(f) of such Code is 
                amended by striking ``21(e)'' and inserting ``36B(e)''.
                    (D) Paragraph (6) of section 35(g) of such Code is 
                amended by striking ``21(e)'' and inserting ``36B(e)''.
                    (E) Subparagraph (C) of section 129(a)(2) of such 
                Code is amended by striking ``section 21(e)'' and 
                inserting ``section 36B(e)''.
                    (F) Paragraph (2) of section 129(b) of such Code is 
                amended by striking ``section 21(d)(2)'' and inserting 
                ``section 36B(d)(2)''.
                    (G) Paragraph (1) of section 129(e) of such Code is 
                amended by striking ``section 21(b)(2)'' and inserting 
                ``section 36B(b)(2)''.
                    (H) Subsection (e) of section 213 of such Code is 
                amended by striking ``section 21'' and inserting 
                ``section 36B''.
                    (I) Subparagraph (H) of section 6213(g)(2) of such 
                Code is amended by striking ``section 21'' and 
                inserting ``section 36B''.
                    (J) Subparagraph (L) of section 6213(g)(2) of such 
                Code is amended by striking ``section 21,'' and 
                inserting ``section 36B,''.
                    (K) Paragraph (2) of section 1324(b) of title 31, 
                United States Code, is amended by inserting ``36B,'' 
                after ``36A,''.
                    (L) The table of sections for subpart C of part IV 
                of subchapter A of chapter 1 of the Internal Revenue 
                Code of 1986 is amended by inserting after the item 
                relating to section 36A and inserting the following:

``Sec. 36B. Expenses for household and dependent care services 
                            necessary for gainful employment.''.
                    (M) The table of sections for subpart A of such 
                part IV is amended by striking the item relating to 
                section 21.
    (e) Certain Prior Amendments to Credit Made Permanent.--Section 901 
of the Economic Growth and Tax Relief Reconciliation Act of 2001 shall 
not apply to the amendments made by section 204 of such Act.
    (f) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2008.
                                 <all>