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† HR 1295 EAS2 
(C) by striking ‘‘$500,000’’ and inserting 
‘‘$1,500,000’’. 
(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 in-
serting ‘‘$500’’; and
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† HR 1295 EAS2 
(2) by striking ‘‘$1,500,000’’ in paragraph 
(3)(A) and inserting ‘‘$3,000,000’’. 
(e) FAILURE TO FURNISH CORRECT PAYEE STATE-
MENTS.— 
(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 SPECI-
FIED 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 in-
serting ‘‘$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’’;
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† HR 1295 EAS2 
(ii) by striking ‘‘$100’’ (prior to 
amendment by clause (i)) and inserting 
‘‘$250’’; and 
(iii) by striking ‘‘$500,000’’ and in-
serting ‘‘$1,500,000’’. 
(3) LOWER
LIMITATION
FOR
PERSONS
WITH 
GROSS RECEIPTS OF NOT MORE THAN $5,000,000.—Sec-
tion 6722(d)(1) of such Code is amended— 
(A) in subparagraph (A)— 
(i) by striking ‘‘$500,000’’ and insert-
ing ‘‘$1,000,000’’; and 
(ii) by striking ‘‘$1,500,000’’ and in-
serting ‘‘$3,000,000’’; 
(B) in subparagraph (B)— 
(i) by striking ‘‘$75,000’’ and inserting 
‘‘$175,000’’; and 
(ii) by striking ‘‘$250,000’’ and insert-
ing ‘‘$500,000’’; and 
(C) in subparagraph (C)— 
(i) by striking ‘‘$200,000’’ and insert-
ing ‘‘$500,000’’; and 
(ii) by striking ‘‘$500,000’’ (prior to 
amendment by subparagraph (A)) and in-
serting ‘‘$1,500,000’’.
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† HR 1295 EAS2 
(4) PENALTY
IN
CASE
OF
INTENTIONAL
DIS-
REGARD.—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 TAX-
PAYERS ELECTING TO EXCLUDE FOREIGN 
EARNED INCOME FROM TAX. 
(a) IN GENERAL.—Section 24(d) of the Internal Rev-
enue Code of 1986 is amended by adding at the end the 
following new paragraph: 
‘‘(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 in-
come under section 911 for such taxable year.’’. 
(b) EFFECTIVE DATE.—The amendment made by this 
section shall apply to taxable years beginning after Decem-
ber 31, 2014.
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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 in-
serting before the semicolon the following: ‘‘, including such 
renal dialysis services furnished on or after January 1, 
2017, by a renal dialysis facility or provider of services 
paid under section 1881(b)(14) to an individual 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 dialy-
sis services (as defined in subparagraph (B) of section 
1881(b)(14)) furnished under this part by a renal di-
alysis facility or provider of services paid under such 
section during a year (beginning with 2017) to an in-
dividual 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 ad-
justment 
factor 
applied 
under 
subparagraph
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† HR 1295 EAS2 
(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 subparagraph (D) of such section. 
‘‘(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).’’. 
Attest: 
Secretary.
114TH CONGRESS 
1ST SESSION 
H.R. 1295 
SENATE AMENDMENT TO 
HOUSE AMENDMENT TO 
SENATE AMENDMENT