151 for the taxable year. . (3) Conforming amendment Section 32(c)(1)(A)(ii) of such Code is amended by inserting (other than a qualifying student) after any other individual . (c) Minimum credit for students and for individuals with certain qualifying dependents Section 32(a) of such Code is amended by adding at the end the following new paragraph: (3) Minimum credit for students and for individuals with certain qualifying dependents (A) In general In the case of an eligible individual who is a qualifying student or who has a specified dependent for the taxable year, the amount determined under paragraph (1) (before the application of paragraph (2)) and the amount determined under paragraph (2)(A) shall not be less than $1,200. (B) Specified dependent For purposes of this paragraph, the term specified dependent means any qualifying dependent (other than a qualifying child who has attained the age of 7 before the close of the taxable year). . (d) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. 4. Advance payment of earned income credit (a) In general Chapter 25 of subtitle C of the Internal Revenue Code of 1986 is amended by inserting after section 3506 the following new section: 3507. Advance payment of earned income credit (a) Advance payment (1) In general An employer making payment of wages to an employee with respect to whom an eligibility certificate is in effect shall, at the time of paying such wages for the payroll period elected by the employee under paragraph (2), make an additional lump sum payment to such employee equal to the earned income advance amount (except as provided in subsection (b)(1)(C)(ii)) of such employee. (2) Payments available after 6 months of employment during calendar year For purposes of paragraph (1), an employee with respect to whom an eligibility certificate is in effect for the calendar year may elect to receive the earned income advance amount at the same time as wages for any payroll