‘‘SEC. 25E. MENTORING AND HOUSING CERTAIN YOUNG 
ADULTS. 
‘‘(a) ALLOWANCE OF CREDIT.—In the case of a tax-
payer who is a qualified mentor, there shall be allowed 
as a credit against the tax imposed by this chapter for 
the taxable year with respect to each qualifying mentored 
individual by the taxpayer an amount equal to $1,000. 
‘‘(b) LIMITATIONS.— 
‘‘(1) PRORATION
OF
CREDIT
FOR
YEARS
IN 
WHICH INDIVIDUAL ATTAINS AGE 18 AND 21.—In the 
case of a qualifying mentored individual who attains 
age 18 or 21 during the taxable year, the credit al-
lowed under subsection (a) shall be the amount spec-
ified in subsection (a) multiplied by a fraction, the 
numerator of which is the number of days in the 
taxable year such individual is 18 or 20 (as the case 
may be) and the denominator of which is the num-
ber of days in the taxable year. 
‘‘(2) LIMITATION
BASED
ON
AMOUNT
OF 
TAX.—In the case of a taxable year to which section 
26(a)(2) does not apply, the credit allowed under 
subsection (a) for any taxable year shall not exceed 
the excess of— 
‘‘(A) the sum of the regular tax liability 
(as defined in section 26(b)) plus the tax im-
posed by section 55, over 
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‘‘(B) the sum of the credits allowable 
under this subpart (other than this section) and 
section 27 for the taxable year. 
‘‘(c) DEFINITIONS.—For purposes of this section— 
‘‘(1) QUALIFIED MENTOR.—The term ‘qualified 
mentor’ means an individual— 
‘‘(A) who attained the age of 21 before the 
beginning of the taxable year, 
‘‘(B) with respect to whom any agency cer-
tified by the State (including a private men-
toring agency and governmental mentoring 
agency) in which the taxpayer has his principle 
place of abode to provide or facilitate mentoring 
services has placed a qualifying mentored indi-
vidual, and 
‘‘(C) who is in compliance with the men-
toring requirements of such agency or State 
with respect to the qualifying mentored indi-
vidual. 
‘‘(2) MENTORING
REQUIREMENTS.—The term 
‘mentoring requirements’ includes participating in a 
one-on-one relationship as a positive role model with 
a qualifying mentored individual and involves meet-
ings and activities on not less than a monthly basis. 
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‘‘(3) QUALIFYING
MENTORED
INDIVIDUAL.— 
The term ‘qualifying mentored individual’ means an 
individual who— 
‘‘(A) has attained the age of 18 as of the 
close of the taxable year but did not attain age 
22 during the taxable year, 
‘‘(B) as of the day before the date on 
which the individual attained the age of 18, was 
placed by an authorized placement agency or by 
judgment, decree, or other order of any court of 
competent jurisdiction, and 
‘‘(C) has the same principal place of abode 
as the taxpayer for more than one-half of such 
taxable year. 
‘‘(d) IDENTIFICATION
REQUIREMENT.—No credit 
shall be allowed under this section to a taxpayer with re-
spect to a qualifying mentored individual unless the tax-
payer includes the name and taxpayer identification num-
ber of such qualifying mentored individual on the return 
of tax for the taxable year. 
‘‘(e) TAXABLE YEAR MUST BE FULL TAXABLE 
YEAR.—Except in the case of a taxable year closed by rea-
son of the death of the taxpayer, no credit shall be allow-
able under this section in the case of a taxable year cov-
ering a period of less than 12 months.’’. 
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(b) CONFORMING AMENDMENTS.— 
(1) Section 23(b)(4)(B) of such Code is amend-
ed by inserting ‘‘and section 25E’’ after ‘‘this sec-
tion’’. 
(2) Section 24(b)(3)(B) of such Code is amend-
ed by striking ‘‘and 25B’’ and inserting ‘‘, 25B, and 
25E’’. 
(3) Section 25B(g)(2) of such Code is amended 
by striking ‘‘section 23’’ and inserting ‘‘sections 23 
and 25E’’. 
(4) Section 26(a)(1) of such Code is amended 
by striking ‘‘and 25B’’ and inserting ‘‘25B, and 
25E’’. 
(c) CLERICAL AMENDMENT.—The table of sections 
for subpart A of part IV of subchapter A of chapter 1 
of such Code is amended by inserting after the item relat-
ing to section 25D the following new section: 
‘‘Sec. 25E. Mentoring and housing certain young adults.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
the date of the enactment of this Act. 
Æ 
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