# Pub. L. 117-2: changes to the Internal Revenue Code 2021-03-11, 135 Stat. 159. Source: . ## Legislative history - Bill: [H.R. 1319](https://www.congress.gov/bill/117th-congress/house-bill/1319) - House report: [H. Rept. 117-7](https://www.govinfo.gov/content/pkg/CRPT-117hrpt7/html/CRPT-117hrpt7.htm) - Bluebook: [JCT general explanation (2023)](https://www.govinfo.gov/app/details/CPRT-117JPRT53965) ## § 21: Expenses for household and dependent care services necessary for gainful employment - § 21(g): Pub. L. 117–2, § 9631(a), added subsec. (g). - § 21(h): Pub. L. 117–2, § 9631(b), added subsec. (h). ## § 24: Child tax credit - § 24(i): Pub. L. 117–2, § 9611(a), added subsec. (i). - § 24(j): Pub. L. 117–2, § 9611(b)(2), added subsec. (j). - § 24(k): Pub. L. 117–2, § 9612(a), added subsec. (k). ## § 26: Limitation based on tax liability; definition of tax liability - § 26(b)(2)(Z): Pub. L. 117–2 added subpar. (Z). ## § 32: Earned income - § 32(c)(1)(A): Pub. L. 117–2, § 9623(b)(1), struck out concluding provisions which read as follows: “For purposes of the preceding sentence, marital status shall be determined under section 7703.” - § 32(c)(1)(E)(ii): Pub. L. 117–2, § 9623(b)(2), struck out “(within the meaning of section 7703)” after “is married”. - § 32(c)(1): Pub. L. 117–2, § 9622(a), struck out heading and text of subpar. (F). Text read as follows: “No credit shall be allowed under this section to any eligible individual who has one or more qualifying children if no qualifying child of such individual is taken into account under subsection (b) by reason of paragraph (3)(D).” - § 32(d): Pub. L. 117–2, § 9623(a), designated existing provisions as par. (1), inserted heading, and added par. (2). - § 32(d)(1): Pub. L. 117–2, § 9623(b)(3), struck out “(within the meaning of section 7703)” after “is married”. - § 32(i)(1): Pub. L. 117–2, § 9624(a), substituted “$10,000” for “$2,200”. - § 32(j)(1): Pub. L. 117–2, § 9624(b)(1), inserted “(2021 in the case of the dollar amount in subsection (i)(1))” after “2015” in introductory provisions. - § 32(j)(1)(B)(i): Pub. L. 117–2, § 9624(b)(2)(A), substituted “subsection (b)(2)(A)” for “subsections (b)(2)(A) and (i)(1)”. - § 32(j)(1)(B)(iii): Pub. L. 117–2, § 9624(b)(2)(B)–(4), added cl. (iii). - § 32(n): Pub. L. 117–2, § 9621(a), added subsec. (n). ## § 35: Health insurance costs of eligible individuals - § 35(g)(9): Pub. L. 117–2 amended par. (9) generally. Prior to amendment, par. (9) related to COBRA premium assistance. ## § 36B: Refundable credit for coverage under a qualified health plan - § 36B(b)(3)(A)(iii): Pub. L. 117–2, § 9661(a), added cl. (iii). - § 36B(c)(1)(E): Pub. L. 117–2, § 9661(b), added subpar. (E). - § 36B(f)(2): Pub. L. 117–2, § 9662(a), added cl. (iii). - § 36B(g), § 36B(h): Pub. L. 117–2, § 9663(a), added subsec. (g) and redesignated former subsec. (g) as (h). ## § 74: Prizes and awards - § 74(d)(2)(B): Pub. L. 117–2 inserted “85(c),” before “86”. ## § 85: Unemployment compensation - § 85(c): Pub. L. 117–2 added subsec. (c). ## § 86: Social security and tier 1 railroad retirement benefits - § 86(b)(2)(A): Pub. L. 117–2 inserted “85(c),” before “135”. ## § 108: Income from discharge of indebtedness - § 108(f)(5): Pub. L. 117–2 added par. (5) and struck out former par. (5) which related to discharges on account of death or disability. ## § 129: Dependent care assistance programs - § 129(a)(2)(D): Pub. L. 117–2 added subpar. (D). ## § 135: Income from United States savings bonds used to pay higher education tuition and fees - § 135(c)(4)(A): Pub. L. 117–2 inserted “85(c),” before “137”. ## § 137: Adoption assistance programs - § 137(b)(3)(A): Pub. L. 117–2 inserted “85(c)” before “221”. ## § 139I: Continuation coverage premium assistance - Enacted 26 U.S.C. § 139I. ## § 162: Trade or business expenses - § 162(m)(3)(C), § 162(m)(3)(D): Pub. L. 117–2 added subpar. (C), redesignated former subpar. (C) as (D), and, in subpar. (D), substituted “employee described in subparagraph (A) or (B)” for “employee”. ## § 219: Retirement savings - § 219(g)(3)(A)(ii): Pub. L. 117–2 inserted “85(c),” before “135”. ## § 221: Interest on education loans - § 221(b)(2)(C)(i): Pub. L. 117–2 inserted “85(c)” before “911”. ## § 430: Minimum funding standards for single-employer defined benefit pension plans - § 430(c)(8): Pub. L. 117–2, § 9705(a), added par. (8). - § 430(h)(2)(C)(iv)(I): Pub. L. 117–2, § 9706(a)(2), inserted at end “Notwithstanding anything in this subclause, if the average of the first, second, or third segment rate for any 25-year period is less than 5 percent, such average shall be deemed to be 5 percent.” - § 430(h)(2)(C)(iv)(II): Pub. L. 117–2, § 9706(a)(1), amended table generally. Prior to amendment, table related to applicable minimum and maximum percentages for calendar years 2012 to 2023 and after. - § 430(m): Pub. L. 117–2, § 9707(a), amended subsec. (m) generally, revising special rules for community newspaper plans. ## § 431: Minimum funding standards for multiemployer plans - § 431(b)(8)(F): Pub. L. 117–2 added subpar. (F). ## § 432: Additional funding rules for multiemployer plans in endangered status or critical status - § 432(a)(4): Pub. L. 117–2, § 9704(d)(1), added par. (4). - § 432(b)(7): Pub. L. 117–2, § 9704(d)(2), added par. (7). - § 432(k): Pub. L. 117–2, § 9704(d)(3), added subsec. (k). ## § 461: General rule for taxable year of deduction - § 461(l)(1): Pub. L. 117–2 substituted “January 1, 2027” for “January 1, 2026” in two places. ## § 469: Passive activity losses and credits limited - § 469(i)(3)(E)(ii): Pub. L. 117–2 substituted “85(c), 135, and 137” for “135 and 137”. ## § 864: Definitions and special rules - § 864(f): Pub. L. 117–2 struck out subsec. (f) which related to election to allocate interest and other expenses on worldwide basis. ## § 3131: Credit for paid sick leave - Enacted 26 U.S.C. § 3131. ## § 3132: Payroll credit for paid family leave - Enacted 26 U.S.C. § 3132. ## § 3133: Special rule related to tax on employers - Enacted 26 U.S.C. § 3133. ## § 3134: Employee retention credit for employers subject to closure due to COVID–19 - Enacted 26 U.S.C. § 3134. ## § 3402: Income tax collected at source - § 3402(f)(1)(C): Pub. L. 117–2 substituted “section 24 (determined after application of subsection (j) thereof)” for “section 24(a)”. ## § 6050W: Returns relating to payments made in settlement of payment card and third party network transactions - § 6050W(c)(3): Pub. L. 117–2, § 9674(b), inserted “described in subsection (d)(3)(A)(iii)” after “any transaction”. - § 6050W(e): Pub. L. 117–2, § 9674(a), amended subsec. (e) generally. Prior to amendment, subsec. (e) related to an exception for de minimis payments by third party settlement organizations. ## § 6211: Definition of a deficiency - § 6211(b)(4)(A): Pub. L. 117–2, § 9631(c)(1), inserted “21 by reason of subsection (g) thereof,” before “24”. - § 6211(b)(4)(A): Pub. L. 117–2, § 9611(b)(4)(B), substituted “24 by reason of subsections (d) and (i)(1) thereof” for “24(d)” and “6428B, and 7527A” for “and 6428B”. - § 6211(b)(4)(A): Pub. L. 117–2, § 9601(c)(1), substituted “6428, 6428A, and 6428B” for “6428, and 6428A”. ## § 6428B: 2021 recovery rebates to individuals - Enacted 26 U.S.C. § 6428B. ## § 6432: Continuation coverage premium assistance - Enacted 26 U.S.C. § 6432. ## § 6720C: Penalty for failure to notify health plan of cessation of eligibility for continuation coverage premium assistance - Enacted 26 U.S.C. § 6720C. ## § 7527A: Advance payment of child tax credit - Enacted 26 U.S.C. § 7527A. ## § 7530: Application of earned income tax credit to possessions of the United States - Enacted 26 U.S.C. § 7530.