Keeping Our Promise to Our Military Heroes Act - Repeals the provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62.
Amends the Internal Revenue Code to require taxpayers who are claiming the refundable portion of the child tax credit to include their social security number on their tax returns.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 1869 Introduced in Senate (IS)]
113th CONGRESS
1st Session
S. 1869
To repeal section 403 of the Bipartisan Budget Act of 2013, relating to
an annual adjustment of retired pay for members of the Armed Forces
under the age of 62, and to provide an offset.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 19, 2013
Ms. Ayotte (for herself, Mr. Graham, and Mr. Wicker) introduced the
following bill; which was read twice and referred to the Committee on
Finance
_______________________________________________________________________
A BILL
To repeal section 403 of the Bipartisan Budget Act of 2013, relating to
an annual adjustment of retired pay for members of the Armed Forces
under the age of 62, and to provide an offset.
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 ``Keeping Our Promise to Our Military
Heroes Act''.
SEC. 2. REPEAL OF REDUCTIONS MADE BY BIPARTISAN BUDGET ACT OF 2013.
(a) Repeal.--Section 403 of the Bipartisan Budget Act of 2013 is
repealed as of the date of the enactment of such Act.
(b) Social Security Number Required To Claim the Refundable Portion
of the Child Tax Credit.--
(1) In general.--Subsection (d) of section 24 of the
Internal Revenue Code of 1986 is amended by adding at the end
the following new paragraph:
``(5) Identification requirement with respect to
taxpayer.--
``(A) In general.--Paragraph (1) shall not apply to
any taxpayer for any taxable year unless the taxpayer
includes the taxpayer's Social Security number on the
return of tax for such taxable year.
``(B) Joint returns.--In the case of a joint
return, the requirement of subparagraph (A) shall be
treated as met if the Social Security number of either
spouse is included on such return.
``(C) Limitation.--Subparagraph (A) shall not apply
to the extent the tentative minimum tax (as defined in
section 55(b)(1)(A)) exceeds the credit allowed under
section 32.''.
(2) Omission treated as mathematical or clerical error.--
Subparagraph (I) of section 6213(g)(2) of the Internal Revenue
Code of 1986 is amended to read as follows:
``(I) an omission of a correct Social Security
number required under section 24(d)(5) (relating to
refundable portion of child tax credit), or a correct
TIN under section 24(e) (relating to child tax credit),
to be included on a return,''.
(3) Conforming amendment.--Subsection (e) of section 24 of
the Internal Revenue Code of 1986 is amended by inserting
``With Respect to Qualifying Children'' after ``Identification
Requirement'' in the heading thereof.
(4) Effective date.--The amendments made by this subsection
shall apply to taxable years beginning after the date of the
enactment of this Act.
<all>
Introduced in Senate
Read twice and referred to the Committee on Finance.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line