Sec. 137402. Funds for administration of earned income tax credits in the territories
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Section 7530(a)(1) is amended by striking plus at the end of subparagraph (A), by striking the period at the end of subparagraph
(B)and inserting , plus , and by adding at the end the following new subparagraph: reasonable administrative costs associated with the provision of the earned income tax credit not in excess of $4,000,000. . Section 7530(b)(1) is amended by striking plus at the end of subparagraph (A), by striking the period at the end of subparagraph
(B)and inserting , plus , and by adding at the end the following new subparagraph: reasonable administrative costs associated with the provision of the earned income tax credit not in excess of $200,000. . Section 7530(c)(1) is amended by striking plus at the end of subparagraph (A), by striking the period at the end of subparagraph
(B)and inserting , plus , and by adding at the end the following new subparagraph: reasonable administrative costs associated with the provision of the earned income tax credit not in excess of $200,000. . The amendments made by this section shall apply to payments made for calendar years beginning after December 31, 2021.