I 

113TH CONGRESS 

2D SESSION H. R. 4469 

To amend the Internal Revenue Code of 1986 to extend certain expiring 

provisions for 1 year. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 10, 2014 

Mr. CASTRO of Texas introduced the following bill; which was referred to the 

Committee on Ways and Means 

A BILL 

To amend the Internal Revenue Code of 1986 to extend 

certain expiring provisions for 1 year. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

4 (a) SHORT TITLE.—This Act may be cited as the 

5 ‘‘Cut Taxes for the Middle Class Act of 2014’’. 

6 (b) TABLE OF CONTENTS.—The table of contents for 

7 this Act is as follows: 

Sec. 1. Short title; table of contents. 

TITLE I—STATE AND LOCAL SALES TAX DEDUCTION 

Sec. 101. Extension of deduction of State and local general sales taxes. 

TITLE II—PROVISIONS RELATING TO EDUCATION TAX BENEFITS 

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Sec. 201. Extension of above-the-line deduction for qualified tuition and related 

expenses. 

Sec. 202. Extension of deduction for certain expenses of elementary and secondary school teachers. 

TITLE III—PROVISIONS RELATING TO MEMBERS OF THE ARMED 

FORCES 

Sec. 301. Extension of housing allowance exclusion for determining area median gross income for low-income housing credit and qualified 

residential rental project exempt facility bonds. 

Sec. 302. Extension of employer wage credit for employees who are active duty 

members of the uniformed services. 

TITLE IV—PROVISIONS RELATING TO BUSINESSES 

Sec. 401. Extension of work opportunity tax credit. 

Sec. 402. Extension of new markets tax credit. 

Sec. 403. Extension and modification of research credit. 

1 TITLE I—STATE AND LOCAL 

2 SALES TAX DEDUCTION 

3 SEC. 101. EXTENSION OF DEDUCTION OF STATE AND LOCAL 

4 GENERAL SALES TAXES. 

5 (a) IN GENERAL.—Subparagraph (I) of section 

6 164(b)(5) of the Internal Revenue Code of 1986 is amend7 ed by striking ‘‘January 1, 2014’’ and inserting ‘‘January 

8 1, 2015’’. 

9 (b) EFFECTIVE DATE.—The amendment made by 

10 this section shall apply to taxable years beginning after 

11 December 31, 2013. 

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1 TITLE II—PROVISIONS RELAT2 ING TO EDUCATION TAX BEN3 EFITS 

4 SEC. 201. EXTENSION OF ABOVE-THE-LINE DEDUCTION FOR 

5 QUALIFIED TUITION AND RELATED EX6 PENSES. 

7 (a) IN GENERAL.—Subsection (e) of section 222 of 

8 the Internal Revenue Code of 1986 is amended by striking 

9 ‘‘December 31, 2013’’ and inserting ‘‘December 31, 

10 2014’’. 

11 (b) EFFECTIVE DATE.—The amendment made by 

12 this section shall apply to taxable years beginning after 

13 December 31, 2013. 

14 SEC. 202. EXTENSION OF DEDUCTION FOR CERTAIN EX15 PENSES OF ELEMENTARY AND SECONDARY 

16 SCHOOL TEACHERS. 

17 (a) IN GENERAL.—Subparagraph (D) of section 

18 62(a)(2) of the Internal Revenue Code of 1986 is amended 

19 by striking ‘‘or 2013’’ and inserting ‘‘2013, or 2014’’. 

20 (b) EFFECTIVE DATE.—The amendment made by 

21 this section shall apply to taxable years beginning after 

22 December 31, 2013. 

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1 TITLE III—PROVISIONS RELAT2 ING TO MEMBERS OF THE 

3 ARMED FORCES 

4 SEC. 301. EXTENSION OF HOUSING ALLOWANCE EXCLU5 SION FOR DETERMINING AREA MEDIAN 

6 GROSS INCOME FOR LOW-INCOME HOUSING 

7 CREDIT AND QUALIFIED RESIDENTIAL RENT8 AL PROJECT EXEMPT FACILITY BONDS. 

9 (a) IN GENERAL.—Subsection (b) of section 3005 of 

10 the Housing Assistance Tax Act of 2008 is amended by 

11 striking ‘‘January 1, 2014’’ each place it appears and in12 serting ‘‘January 1, 2015’’. 

13 (b) EFFECTIVE DATE.—The amendment made by 

14 this section shall take effect as if included in the enact15 ment of section 3005 of the Housing Assistance Tax Act 

16 of 2008. 

17 SEC. 302. EXTENSION OF EMPLOYER WAGE CREDIT FOR 

18 EMPLOYEES WHO ARE ACTIVE DUTY MEM19 BERS OF THE UNIFORMED SERVICES. 

20 (a) IN GENERAL.—Subsection (f) of section 45P of 

21 the Internal Revenue Code of 1986 is amended by striking 

22 ‘‘December 31, 2013’’ and inserting ‘‘December 31, 

23 2014’’. 

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1 (b) EFFECTIVE DATE.—The amendment made by 

2 this section shall apply to payments made after December 

3 31, 2013. 

4 TITLE IV—PROVISIONS 

5 RELATING TO BUSINESSES 

6 SEC. 401. EXTENSION OF WORK OPPORTUNITY TAX CREDIT. 

7 (a) IN GENERAL.—Subparagraph (B) of section 

8 51(c)(4) of the Internal Revenue Code of 1986 is amended 

9 by striking ‘‘December 31, 2013’’ and inserting ‘‘Decem10 ber 31, 2014’’. 

11 (b) EFFECTIVE DATE.—The amendment made by 

12 this section shall apply to individuals who begin work for 

13 the employer after December 31, 2013. 

14 SEC. 402. EXTENSION OF NEW MARKETS TAX CREDIT. 

15 (a) IN GENERAL.—Subparagraph (G) of section 

16 45D(f)(1) of the Internal Revenue Code of 1986 is amend17 ed by striking ‘‘and 2013’’ and inserting ‘‘2013, and 

18 2014’’. 

19 (b) CARRYOVER OF UNUSED LIMITATION.—Para20 graph (3) of section 45D(f) of such Code is amended by 

21 striking ‘‘2018’’ and inserting ‘‘2019’’. 

22 (c) EFFECTIVE DATE.—The amendments made by 

23 this section shall apply to calendar years beginning after 

24 December 31, 2013. 

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1 SEC. 403. EXTENSION AND MODIFICATION OF RESEARCH 

2 CREDIT. 

3 (a) IN GENERAL.—Subparagraph (B) of section 

4 41(h)(1) of the Internal Revenue Code of 1986 is amended 

5 by striking ‘‘December 31, 2013’’ and inserting ‘‘Decem6 ber 31, 2014’’. 

7 (b) CONFORMING AMENDMENT.—Subparagraph (D) 

8 of section 45C(b)(1) of such Code is amended by striking 

9 ‘‘December 31, 2013’’ and inserting ‘‘December 31, 

10 2014’’. 

11 (c) EFFECTIVE DATE.—The amendments made by 

12 this section shall apply to amounts paid or incurred after 

13 December 31, 2013. 

Æ 

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