TEMPORARY INCREASE OF REFUNDABLE PORTION OF CHILD CREDIT.

SEC. 1003. TEMPORARY INCREASE OF REFUNDABLE PORTION OF CHILD CREDIT.(a) In General.—Paragraph (4) of section 24(d) is amended to read as follows:“(4) Special rule for 2009 and 2010.—Notwithstanding paragraph (3), in the case of any taxable year beginning in 2009 or 2010, the dollar amount in effect for such taxable year under paragraph (1)(B)(i) shall be $3,000.”.(b) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2008.