1. Short title
This Act may be cited as the “Keeping Our Promise to Our Military Heroes Act”.
Keeping Our Promise to Our Military Heroes Act
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.
2. Repeal of reductions made by Bipartisan Budget Act of 2013
Repeal— Section 403 of the Bipartisan Budget Act of 2013 is repealed as of the date of the enactment of such Act.
Social Security number required To claim the refundable portion of the child tax credit—
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.”
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,”
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.
Effective date— The amendments made by this subsection shall apply to taxable years beginning after the date of the enactment of this Act.