summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to promote tax relief for adoptive parents. Revenue.
AI Summary
This bill aims to provide tax relief for adoptive parents in Massachusetts. Specifically, it would amend the state's tax laws to allow a tax credit of $3,600 for one adopted dependent or $7,200 for two or more adopted dependents until the child reaches age 16. Additionally, the bill would create a tax credit for parents adopting disabled children, with the credit amount increasing over time from $2,000 in 2019 to $10,000 in 2023 and beyond. These tax credits are intended to support and encourage adoption, particularly of children with disabilities, by providing financial assistance to adoptive families.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5248 (on 10/03/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/S1982 |
| Bill | https://malegislature.gov/Bills/192/S1982.pdf |
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