I 112th CONGRESS 1st Session H. R. 772 IN THE HOUSE OF REPRESENTATIVES February 17, 2011 Ms. DeLauro (for herself, Mr. Hinchey, Mr. Cohen, Mr. Filner, Ms. Norton, Mr. Conyers, Ms. Brown of Florida, Mr. Jackson of Illinois, Mr. Honda, and Ms. Fudge) 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 restore the credit lost by individuals resulting from the replacement of the Making Work Pay Credit with the employee payroll tax cut for 2011.

1.

Short title

This Act may be cited as the Extended Tax Relief for All Act of 2011.

2.

Restoration of credit lost by individuals resulting from the replacement of the making work pay credit with the employee payroll tax cut for 2011

(a)

In general

Section 36A of the Internal Revenue Code of 1986 (relating to making work pay credit) is amended by striking subsection (e) and inserting the following new subsections: (e)

2011 credit for individuals receiving smaller credit under 2011 employee payroll tax cut

In the case of taxable years beginning after December 31, 2010, and before January 1, 2012, the credit determined under this section (without regard to this subsection) shall be reduced (but not below zero) by the aggregate of the reductions in— (1)the tax imposed by section 1401(a) for such taxable year, and (2)the taxes imposed by sections 3101(a), 3201(a), and 3211(a)(1) on remuneration received during such year, by reason of section 601 of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.(f)

Termination

This section shall not apply to taxable years beginning after December 31, 2011. . (b)

Technical amendment

Paragraph (1) of section 36A(b) of such Code is amended by striking subsection (c) and inserting subsections (c) and (e). (c)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2010.