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Bill > S1992


MA S1992

Relative to promoting tax relief for adoptive parents


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
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. It does this by: 1) Allowing a tax credit of $3,600 for taxpayers with one legally adopted dependent child, or $7,200 for taxpayers with two or more legally adopted dependent children, until the adopted child reaches age 16. 2) Providing a tax credit for parents adopting disabled children, starting at $2,000 in 2019 and increasing incrementally up to $10,000 in 2022 and beyond.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5248 (on 10/03/2022)

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