124 STAT. 1022 PUBLIC LAW 111–148—MAR. 23, 2010 ‘‘(A) such dollar amount, multiplied by ‘‘(B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2001’ for ‘calendar year 1992’ in subparagraph (B) thereof. If any amount as increased under the preceding sentence is not a multiple of $10, such amount shall be rounded to the nearest multiple of $10.’’. (2) ADOPTION ASSISTANCE PROGRAMS.— (A) IN GENERAL.—Paragraph (1) of section 137(b) of the Internal Revenue Code of 1986 (relating to dollar limitation) is amended by striking ‘‘$10,000’’ and inserting ‘‘$13,170’’. (B) CHILD WITH SPECIAL NEEDS.—Paragraph (2) of sec- tion 137(a) of such Code (relating to $10,000 exclusion for adoption of child with special needs regardless of expenses) is amended— (i) in the text by striking ‘‘$10,000’’ and inserting ‘‘$13,170’’, and (ii) in the heading by striking ‘‘$10,000’’ and inserting ‘‘$13,170’’. (C) CONFORMING AMENDMENT TO INFLATION ADJUST- MENT.—Subsection (f) of section 137 of such Code (relating to adjustments for inflation) is amended to read as follows: ‘‘(f) ADJUSTMENTS FOR INFLATION.— ‘‘(1) DOLLAR LIMITATIONS.—In the case of a taxable year beginning after December 31, 2010, each of the dollar amounts in subsections (a)(2) and (b)(1) shall be increased by an amount equal to— ‘‘(A) such dollar amount, multiplied by ‘‘(B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2009’ for ‘calendar year 1992’ in subparagraph (B) thereof. If any amount as increased under the preceding sentence is not a multiple of $10, such amount shall be rounded to the nearest multiple of $10. ‘‘(2) INCOME LIMITATION.—In the case of a taxable year beginning after December 31, 2002, the dollar amount in sub- section (b)(2)(A) shall be increased by an amount equal to— ‘‘(A) such dollar amount, multiplied by ‘‘(B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2001’ for ‘calendar year 1992’ in subparagraph thereof. If any amount as increased under the preceding sentence is not a multiple of $10, such amount shall be rounded to the nearest multiple of $10.’’. (b) CREDIT MADE REFUNDABLE.— (1) CREDIT MOVED TO SUBPART RELATING TO REFUNDABLE CREDITS.—The Internal Revenue Code of 1986 is amended— (A) by redesignating section 23, as amended by sub- section (a), as section 36C, and (B) by moving section 36C (as so redesignated) from subpart A of part IV of subchapter A of chapter 1 to the location immediately before section 37 in subpart C of part IV of subchapter A of chapter 1. 26 USC 36C. Effective dates. 26 USC 137.
