1 of the Internal Revenue Code of 1986 is amended by inserting after part VI the following new part: VII Surtax for Early Education Trust Fund Sec. 59A. Surtax for Early Education Trust Fund. 59A. Surtax for Early Education Trust Fund (a) Imposition of tax In the case of a taxpayer other than a corporation and an estate or trust, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to 1.5 percent of so much of the adjusted gross income of the taxpayer as exceeds $500,000. (b) Not treated as tax imposed by this chapter for certain purposes The tax imposed under this section shall not be treated as tax imposed by this chapter for purposes of determining the amount of any credit under this chapter or for purposes of section 55. . (b) Clerical amendment The table of parts for subchapter A of chapter 1 of such Code is amended by inserting after the item relating to part VI the following new item: Part VII. Surtax for Early Education Trust Fund. . (c) Section 15 Not To Apply The amendment made by subsection (a) shall not be treated as a change in a rate of tax for purposes of section 15 of the Internal Revenue Code of 1986. (d) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2016.