Honor Our Promise 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 the name and taxpayer identification number (e.g., social security number) of their qualifying child on their tax returns.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 1977 Placed on Calendar Senate (PCS)]
Calendar No. 300
113th CONGRESS
2d Session
S. 1977
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
January 30, 2014
Ms. Ayotte (for herself, Mr. Graham, Mr. Wicker, Ms. Collins, and Mr.
Chambliss) introduced the following bill; which was read the first time
February 3, 2014
Read the second time and placed on the calendar
_______________________________________________________________________
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 ``Honor Our Promise Act''.
SEC. 2. REPEAL OF REDUCTIONS MADE BY BIPARTISAN BUDGET ACT OF 2013.
(a) Adjustment of Retirement Pay.--Section 403 of the Bipartisan
Budget Act of 2013 is repealed as of the date of the enactment of such
Act.
(b) Conforming Amendment.--Title X of the Department of Defense
Appropriations Act, 2014 (division C of Public Law 113-76) is hereby
repealed.
SEC. 3. SOCIAL SECURITY NUMBER REQUIRED TO CLAIM THE REFUNDABLE PORTION
OF THE CHILD TAX CREDIT.
(a) In General.--Subsection (e) of section 24 of the Internal
Revenue Code of 1986 is amended to read as follows:
``(e) Identification Requirement With Respect to Qualifying
Children.--
``(1) In general.--Subject to paragraph (2), no credit
shall be allowed under this section to a taxpayer with respect
to any qualifying child unless the taxpayer includes the name
and taxpayer identification number of such qualifying child on
the return of tax for the taxable year.
``(2) Refundable portion.--Subsection (d)(1) shall not
apply to any taxpayer with respect to any qualifying child
unless the taxpayer includes the name and social security
number of such qualifying child on the return of tax for the
taxable year.''.
(b) 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 TIN under section
24(e)(1) (relating to child tax credit) or a correct
Social Security number required under section 24(e)(2)
(relating to refundable portion of child tax credit),
to be included on a return,''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.
Calendar No. 300
113th CONGRESS
2d Session
S. 1977
_______________________________________________________________________
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.
_______________________________________________________________________
February 3, 2014
Read the second time and placed on the calendar
Introduced in Senate
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 300.
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