Bill > A06689

This bill provides for a deduction from personal gross income for expenses incurred in the adoption of a child in the foster care system. Specifically, it allows taxpayers to deduct the amount of adoption fees, including medical and legal fees, court costs, and any other related expenses paid or incurred during the taxable year in connection with the adoption of a foster child. The bill will take effect immediately and apply to all taxable years beginning on or after the first of January in the year it becomes law.