H. R. 1295—50 
‘‘ 
6211.39.05 
Recreational perform-
ance outerwear .............
2.8% 
Free (AU, 
BH, CA, CL, 
CO, E*, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
35% 
Other: ............................
6211.39.10 
Of wool or fine ani-
mal hair .....................
12% 
Free (AU, 
BH, CA, CL, 
CO, IL, JO, 
KR, MA, MX, 
P, PA, PE, 
SG) 
4.8% (OM) 
58.5% 
6211.39.20 
Containing 70 per-
cent or more by 
weight of silk or silk 
waste .........................
0.5% 
Free (AU, 
BH, CA, CL, 
CO, E, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
35% 
6211.39.90 
Other .........................
2.8% 
Free (AU, 
BH, CA, CL, 
CO, E*, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
35% 
’’. 
(30) By striking subheading 6211.42.00 and inserting the 
following, with the article description for subheading 6211.42 
having the same degree of indentation as the article description 
for subheading 6211.42.00 (as in effect on the day before the 
date of the enactment of this Act): 
‘‘ 
6211.42 
Of cotton: 
6211.42.05 
Recreational perform-
ance outerwear .........
8.1% 
Free (BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, 
OM, P, PA, 
PE, SG) 
7.2% (AU) 
90% 
6211.42.10 
Other .........................
8.1% 
Free (BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, 
OM, P, PA, 
PE, SG) 
7.2% (AU) 
90% 
’’. 
(31) By striking subheading 6211.43.00 and inserting the 
following, with the article description for subheading 6211.43 
having the same degree of indentation as the article description 
for subheading 6211.43.00 (as in effect on the day before the 
date of the enactment of this Act):
H. R. 1295—51 
‘‘ 
6211.43 
Of man-made fibers: 
6211.43.05 
Recreational perform-
ance outerwear .........
16% 
Free (BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, P, 
PA, PE, SG) 
8% (AU) 
6.4% (OM) 
90% 
6211.43.10 
Other .........................
16% 
Free (BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, P, 
PA, PE, SG) 
8% (AU) 
6.4% (OM) 
90% 
’’. 
(32) 
By 
striking 
subheadings 
6211.49.10 
through 
6211.49.90 and inserting the following, with the article descrip-
tion for subheading 6211.49.05 having the same degree of 
indentation as the article description for subheading 6211.49.10 
(as in effect on the day before the date of the enactment 
of this Act): 
‘‘ 
6211.49.05 
Recreational perform-
ance outerwear .............
7.3% 
Free (BH, 
CA, CL, CO, 
E, IL, JO, 
MA, MX, 
OM, P, PA, 
PE, SG) 
6.5% (AU) 
2.9% (KR) 
35% 
Other: 
6211.49.10 
Containing 70 per-
cent or more by 
weight of silk or silk 
waste .........................
1.2% 
Free (AU, 
BH, CA, CL, 
CO, E, IL, 
JO, KR, MA, 
MX, OM, P, 
PA, PE, SG) 
35% 
6211.49.41 
Of wool or fine ani-
mal hair .....................
12% 
Free (BH, 
CA, CL, CO, 
IL, JO, KR, 
MA, MX, P, 
PA, PE, SG) 
4.8% (OM) 
8% (AU) 
58.5% 
6211.49.90 
Other .........................
7.3% 
Free (BH, 
CA, CL, CO, 
E, IL, JO, 
MA, MX, 
OM, P, PA, 
PE, SG) 
6.5% (AU) 
2.9% (KR) 
35% 
’’. 
(c) EFFECTIVE DATE.—This section and the amendments made 
by this section shall—
H. R. 1295—52 
(1) take effect on the 180th day after the date of the 
enactment of this Act; and 
(2) apply to articles entered, or withdrawn from warehouse 
for consumption, on or after such 180th day. 
SEC. 602. DUTY TREATMENT OF PROTECTIVE ACTIVE FOOTWEAR. 
(a) DEFINITION OF PROTECTIVE ACTIVE FOOTWEAR.—The Addi-
tional U.S. Notes to chapter 64 of the Harmonized Tariff Schedule 
of the United States are amended by adding at the end the fol-
lowing: 
‘‘(f) For the purposes of subheadings 6402.91.42 and 6402.99.32, 
the term ‘protective active footwear’ means footwear (other than 
footwear described in Subheading Note 1) that is designed for 
outdoor activities, such as hiking shoes, trekking shoes, running 
shoes, and trail running shoes, the foregoing valued over $24/ 
pair and which provides protection against water that is imparted 
by the use of a coated or laminated textile fabric.’’. 
(b) DUTY TREATMENT FOR PROTECTIVE ACTIVE FOOTWEAR.— 
Chapter 64 of the Harmonized Tariff Schedule of the United States 
is amended as follows: 
(1) By inserting after subheading 6402.91.40 the following 
new subheading, with the article description for subheading 
6402.91.42 having the same degree of indentation as the article 
description for subheading 6402.91.40: 
‘‘ 
6402.91.42 
Protective active foot-
wear (except footwear 
with waterproof molded 
bottoms, including bot-
toms comprising an 
outer sole and all or 
part of the upper and 
except footwear with 
insulation that provides 
protection against cold 
weather), whose height 
from the bottom of the 
outer sole to the top of 
the upper does not ex-
ceed 15.34 cm ...............
20% 
Free (AU, 
BH, CA, CL, 
D, E, IL, JO, 
KR, MA, MX, 
OM, P, PA, 
PE, R, SG) ...
35% 
’’. 
(2) 
By 
inserting 
immediately 
preceding 
subheading 
6402.99.33 the following new subheading, with the article 
description for subheading 6402.99.32 having the same degree 
of indentation as the article description for subheading 
6402.99.33:
H. R. 1295—53 
‘‘ 
6402.99.32 
Protective active foot-
wear ..............................
20% 
Free (AU, 
BH, CA, CL, 
D, IL, JO, 
MA, MX, P) 
1% (PA) 
6% (OM) 
6% (PE) 
12% (CO) 
20% (KR) 
35% 
’’. 
(c) STAGED RATE REDUCTIONS.—The staged reductions in spe-
cial rates of duty proclaimed for subheading 6402.99.90 of the 
Harmonized Tariff Schedule of the United States before the date 
of the enactment of this Act shall be applied to subheading 
6402.99.32 of such Schedule, as added by subsection (b)(2), begin-
ning in calendar year 2016. 
(d) EFFECTIVE DATE.—This section and the amendments made 
by this section shall— 
(1) take effect on the 15th day after the date of the enact-
ment of this Act; and 
(2) apply to articles entered, or withdrawn from warehouse 
for consumption, on or after such 15th day. 
TITLE VII—MISCELLANEOUS 
PROVISIONS 
SEC. 701. REPORT ON CONTRIBUTION OF TRADE PREFERENCE PRO-
GRAMS 
TO 
REDUCING 
POVERTY 
AND 
ELIMINATING 
HUNGER. 
Not later than 1 year after the date of the enactment of this 
Act, the President shall submit to Congress a report assessing 
the contribution of the trade preference programs of the United 
States, including the Generalized System of Preferences under title 
V of the Trade Act of 1974 (19 U.S.C. 2461 et seq.), the African 
Growth and Opportunity Act (19 U.S.C. 3701 et seq.), and the 
Caribbean Basin Economic Recovery Act (19 U.S.C. 2701 et seq.), 
to the reduction of poverty and the elimination of hunger. 
TITLE VIII—OFFSETS 
SEC. 801. CUSTOMS USER FEES EXTENSION. 
(a) IN GENERAL.—Section 13031(j)(3)(A) of the Consolidated 
Omnibus Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)(A)) 
is amended by striking ‘‘September 30, 2024’’ and inserting ‘‘July 
7, 2025’’. 
(b) RATE FOR MERCHANDISE PROCESSING FEES.—Section 503 
of the United States–Korea Free Trade Agreement Implementation 
Act (Public Law 112–41; 125 Stat. 460) is amended by striking 
‘‘June 30, 2021’’ and inserting ‘‘June 30, 2025’’. 
SEC. 802. ADDITIONAL CUSTOMS USER FEES EXTENSION. 
(a) IN GENERAL.—Section 13031(j)(3) of the Consolidated Omni-
bus Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)) is 
amended—
H. R. 1295—54 
(1) in subparagraph (B)(i), by striking ‘‘September 30, 2024’’ 
and inserting ‘‘September 30, 2025’’; and 
(2) by adding at the end the following: 
‘‘(D) Fees may be charged under paragraphs (9) and (10) of 
subsection (a) during the period beginning on July 29, 2025, and 
ending on September 30, 2025.’’. 
(b) RATE FOR MERCHANDISE PROCESSING FEES.—Section 503 
of the United States–Korea Free Trade Agreement Implementation 
Act (Public Law 112–41; 125 Stat. 460) is amended by adding 
at the end the following: 
‘‘(c) FURTHER ADDITIONAL PERIOD.—For the period beginning 
on July 15, 2025, and ending on September 30, 2025, section 
13031(a)(9) of the Consolidated Omnibus Budget Reconciliation Act 
of 1985 (19 U.S.C. 58c(a)(9)) shall be applied and administered— 
‘‘(1) in subparagraph (A), by substituting ‘0.3464’ for ‘0.21’; 
and 
‘‘(2) in subparagraph (B)(i), by substituting ‘0.3464’ for 
‘0.21’.’’. 
SEC. 803. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES. 
Notwithstanding section 6655 of the Internal Revenue Code 
of 1986, in the case of a corporation with assets of not less than 
$1,000,000,000 (determined as of the end of the preceding taxable 
year)— 
(1) the amount of any required installment of corporate 
estimated tax which is otherwise due in July, August, or Sep-
tember of 2020 shall be increased by 8 percent of such amount 
(determined without regard to any increase in such amount 
not contained in such Code); and 
(2) the amount of the next required installment after an 
installment referred to in paragraph (1) shall be appropriately 
reduced to reflect the amount of the increase by reason of 
such paragraph. 
SEC. 804. PAYEE STATEMENT REQUIRED TO CLAIM CERTAIN EDU-
CATION TAX BENEFITS. 
(a) AMERICAN
OPPORTUNITY
CREDIT, HOPE
SCHOLARSHIP 
CREDIT, AND LIFETIME LEARNING CREDIT.— 
(1) IN GENERAL.—Section 25A(g) of the Internal Revenue 
Code of 1986 is amended by adding at the end the following 
new paragraph: 
‘‘(8) PAYEE STATEMENT REQUIREMENT.—Except as otherwise 
provided by the Secretary, no credit shall be allowed under 
this section unless the taxpayer receives a statement furnished 
under section 6050S(d) which contains all of the information 
required by paragraph (2) thereof.’’. 
(2) STATEMENT RECEIVED BY DEPENDENT.—Section 25A(g)(3) 
of such Code is amended by striking ‘‘and’’ at the end of 
subparagraph (A), by striking the period at the end of subpara-
graph (B) and inserting ‘‘, and’’, and by adding at the end 
the following: 
‘‘(C) a statement described in paragraph (8) and 
received by such individual shall be treated as received 
by the taxpayer.’’. 
(b) 
DEDUCTION
FOR
QUALIFIED
TUITION
AND
RELATED 
EXPENSES.—Section 222(d) of such Code is amended by redesig-
nating paragraph (6) as paragraph (7), and by inserting after para-
graph (5) the following new paragraph:
H. R. 1295—55 
‘‘(6) PAYEE STATEMENT REQUIREMENT.— 
‘‘(A) IN GENERAL.—Except as otherwise provided by 
the Secretary, no deduction shall be allowed under sub-
section (a) unless the taxpayer receives a statement fur-
nished under section 6050S(d) which contains all of the 
information required by paragraph (2) thereof. 
‘‘(B) STATEMENT RECEIVED BY DEPENDENT.—The receipt 
of the statement referred to in subparagraph (A) by an 
individual described in subsection (c)(3) shall be treated 
for purposes of subparagraph (A) as received by the tax-
payer.’’. 
(c) INFORMATION REQUIRED TO BE PROVIDED ON PAYEE STATE-
MENT.—Section 6050S(d)(2) of such Code is amended to read as 
follows: 
‘‘(2) the information required by subsection (b)(2).’’. 
(d) EFFECTIVE DATE.—The amendments made by this section 
shall apply to taxable years beginning after the date of the enact-
ment of this Act. 
SEC. 805. SPECIAL RULE FOR EDUCATIONAL INSTITUTIONS UNABLE 
TO COLLECT TINS OF INDIVIDUALS WITH RESPECT TO 
HIGHER EDUCATION TUITION AND RELATED EXPENSES. 
(a) IN GENERAL.—Section 6724 of the Internal Revenue Code 
of 1986 is amended by adding at the end the following new sub-
section: 
‘‘(f) SPECIAL RULE FOR RETURNS OF EDUCATIONAL INSTITUTIONS 
RELATED TO HIGHER EDUCATION TUITION AND RELATED EXPENSES.— 
No penalty shall be imposed under section 6721 or 6722 solely 
by reason of failing to provide the TIN of an individual on a 
return or statement required by section 6050S(a)(1) if the eligible 
educational institution required to make such return contempora-
neously makes a true and accurate certification under penalty of 
perjury (and in such form and manner as may be prescribed by 
the Secretary) that it has complied with standards promulgated 
by the Secretary for obtaining such individual’s TIN.’’. 
(b) EFFECTIVE DATE.—The amendments made by this section 
shall apply to returns required to be made, and statements required 
to be furnished, after December 31, 2015. 
SEC. 806. PENALTY FOR FAILURE TO FILE CORRECT INFORMATION 
RETURNS AND PROVIDE PAYEE STATEMENTS. 
(a) IN GENERAL.—Section 6721(a)(1) of the Internal Revenue 
Code of 1986 is amended— 
(1) by striking ‘‘$100’’ and inserting ‘‘$250’’; and 
(2) by striking ‘‘$1,500,000’’ and inserting ‘‘$3,000,000’’. 
(b) REDUCTION WHERE CORRECTION
IN SPECIFIED PERIOD.— 
(1) CORRECTION WITHIN 30 DAYS.—Section 6721(b)(1) of such 
Code is amended— 
(A) by striking ‘‘$30’’ and inserting ‘‘$50’’; 
(B) by striking ‘‘$100’’ and inserting ‘‘$250’’; and 
(C) by striking ‘‘$250,000’’ and inserting ‘‘$500,000’’. 
(2) FAILURES CORRECTED ON OR BEFORE AUGUST 1.—Section 
6721(b)(2) of such Code is amended— 
(A) by striking ‘‘$60’’ and inserting ‘‘$100’’; 
(B) by striking ‘‘$100’’ (prior to amendment by subpara-
graph (A)) and inserting ‘‘$250’’; and 
(C) by striking ‘‘$500,000’’ and inserting ‘‘$1,500,000’’.
H. R. 1295—56 
(c) LOWER LIMITATION
FOR PERSONS WITH GROSS RECEIPTS 
OF NOT MORE THAN $5,000,000.—Section 6721(d)(1) of such Code 
is amended— 
(1) in subparagraph (A)— 
(A) by striking ‘‘$500,000’’ and inserting ‘‘$1,000,000’’; 
and 
(B) by striking ‘‘$1,500,000’’ and inserting ‘‘$3,000,000’’; 
(2) in subparagraph (B)— 
(A) by striking ‘‘$75,000’’ and inserting ‘‘$175,000’’; and 
(B) by striking ‘‘$250,000’’ and inserting ‘‘$500,000’’; 
and 
(3) in subparagraph (C)— 
(A) by striking ‘‘$200,000’’ and inserting ‘‘$500,000’’; 
and 
(B) by striking ‘‘$500,000’’ (prior to amendment by 
subparagraph (A)) and inserting ‘‘$1,500,000’’. 
(d) PENALTY
IN CASE
OF INTENTIONAL DISREGARD.—Section 
6721(e) of such Code is amended— 
(1) by striking ‘‘$250’’ in paragraph (2) and inserting ‘‘$500’’; 
and 
(2) by striking ‘‘$1,500,000’’ in paragraph (3)(A) and 
inserting ‘‘$3,000,000’’. 
(e) FAILURE TO FURNISH CORRECT PAYEE STATEMENTS.— 
(1) IN
GENERAL.—Section 6722(a)(1) of such Code is 
amended— 
(A) by striking ‘‘$100’’ and inserting ‘‘$250’’; and 
(B) by striking ‘‘$1,500,000’’ and inserting ‘‘$3,000,000’’. 
(2) REDUCTION WHERE CORRECTION IN SPECIFIED PERIOD.— 
(A) CORRECTION WITHIN 30 DAYS.—Section 6722(b)(1) 
of such Code is amended— 
(i) by striking ‘‘$30’’ and inserting ‘‘$50’’; 
(ii) by striking ‘‘$100’’ and inserting ‘‘$250’’; and 
(iii) 
by 
striking 
‘‘$250,000’’ 
and 
inserting 
‘‘$500,000’’. 
(B) FAILURES CORRECTED ON OR BEFORE AUGUST 1.— 
Section 6722(b)(2) of such Code is amended— 
(i) by striking ‘‘$60’’ and inserting ‘‘$100’’; 
(ii) by striking ‘‘$100’’ (prior to amendment by 
clause (i)) and inserting ‘‘$250’’; and 
(iii) 
by 
striking 
‘‘$500,000’’ 
and 
inserting 
‘‘$1,500,000’’. 
(3) LOWER LIMITATION FOR PERSONS WITH GROSS RECEIPTS 
OF NOT MORE THAN $5,000,000.—Section 6722(d)(1) of such Code 
is amended— 
(A) in subparagraph (A)— 
(i) 
by 
striking 
‘‘$500,000’’ 
and 
inserting 
‘‘$1,000,000’’; and 
(ii) 
by 
striking 
‘‘$1,500,000’’ 
and 
inserting 
‘‘$3,000,000’’; 
(B) in subparagraph (B)— 
(i) by striking ‘‘$75,000’’ and inserting ‘‘$175,000’’; 
and 
(ii) 
by 
striking 
‘‘$250,000’’ 
and 
inserting 
‘‘$500,000’’; and 
(C) in subparagraph (C)— 
(i) by striking ‘‘$200,000’’ and inserting ‘‘$500,000’’; 
and
H. R. 1295—57 
(ii) by striking ‘‘$500,000’’ (prior to amendment 
by subparagraph (A)) and inserting ‘‘$1,500,000’’. 
(4) PENALTY IN CASE OF INTENTIONAL DISREGARD.—Section 
6722(e) of such Code is amended— 
(A) by striking ‘‘$250’’ in paragraph (2) and inserting 
‘‘$500’’; and 
(B) by striking ‘‘$1,500,000’’ in paragraph (3)(A) and 
inserting ‘‘$3,000,000’’. 
(f) EFFECTIVE DATE.—The amendments made by this section 
shall apply with respect to returns and statements required to 
be filed after December 31, 2015. 
SEC. 807. CHILD TAX CREDIT NOT REFUNDABLE FOR TAXPAYERS 
ELECTING TO EXCLUDE FOREIGN EARNED INCOME FROM 
TAX. 
(a) IN GENERAL.—Section 24(d) of the Internal Revenue Code 
of 1986 is amended by adding at the end the following new para-
graph: 
‘‘(5) EXCEPTION FOR TAXPAYERS EXCLUDING FOREIGN EARNED 
INCOME.—Paragraph (1) shall not apply to any taxpayer for 
any taxable year if such taxpayer elects to exclude any amount 
from gross income under section 911 for such taxable year.’’. 
(b) EFFECTIVE DATE.—The amendment made by this section 
shall apply to taxable years beginning after December 31, 2014. 
SEC. 808. COVERAGE AND PAYMENT FOR RENAL DIALYSIS SERVICES 
FOR INDIVIDUALS WITH ACUTE KIDNEY INJURY. 
(a) COVERAGE.—Section 1861(s)(2)(F) of the Social Security Act 
(42 U.S.C. 1395x(s)(2)(F)) is amended by inserting before the semi-
colon the following: ‘‘, including such renal dialysis services fur-
nished on or after January 1, 2017, by a renal dialysis facility 
or provider of services paid under section 1881(b)(14) to an indi-
vidual with acute kidney injury (as defined in section 1834(r)(2))’’. 
(b) PAYMENT.—Section 1834 of the Social Security Act (42 
U.S.C. 1395m) is amended by adding at the end the following 
new subsection: 
‘‘(r) PAYMENT FOR RENAL DIALYSIS SERVICES FOR INDIVIDUALS 
WITH ACUTE KIDNEY INJURY.— 
‘‘(1) PAYMENT RATE.—In the case of renal dialysis services 
(as defined in subparagraph (B) of section 1881(b)(14)) fur-
nished under this part by a renal dialysis facility or provider 
of services paid under such section during a year (beginning 
with 2017) to an individual with acute kidney injury (as defined 
in paragraph (2)), the amount of payment under this part 
for such services shall be the base rate for renal dialysis services 
determined for such year under such section, as adjusted by 
any applicable geographic adjustment factor applied under 
subparagraph (D)(iv)(II) of such section and may be adjusted 
by the Secretary (on a budget neutral basis for payments under 
this paragraph) by any other adjustment factor under subpara-
graph (D) of such section.
H. R. 1295—58 
‘‘(2) INDIVIDUAL
WITH
ACUTE
KIDNEY
INJURY
DEFINED.— 
In this subsection, the term ‘individual with acute kidney injury’ 
means an individual who has acute loss of renal function and 
does not receive renal dialysis services for which payment is 
made under section 1881(b)(14).’’. 
Speaker of the House of Representatives. 
Vice President of the United States and
President of the Senate.