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Bill > HR2965


US HR2965

US HR2965
Adoption Tax Credit Refundability Act of 2019


summary

Introduced
05/23/2019
In Committee
05/23/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to provide for a refundable adoption tax credit. This bill makes the tax credit for adoption expenses refundable.

AI Summary

This bill, the Adoption Tax Credit Refundability Act of 2019, amends the Internal Revenue Code to make the tax credit for adoption expenses refundable. It moves the adoption tax credit from a non-refundable credit to a refundable credit, which means taxpayers can receive the credit even if they do not owe any taxes. The bill also makes several conforming amendments to other sections of the tax code to reflect this change.

Committee Categories

Budget and Finance

Sponsors (15)

Last Action

Referred to the House Committee on Ways and Means. (on 05/23/2019)

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