summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to a taxpayer exemption for adopted children. Revenue.
AI Summary
This bill aims to promote adoption by providing tax incentives for taxpayers who adopt children. The key provisions are:
1. Allowing taxpayers to deduct the total expenses paid to adopt children from private and public adoption agencies, including fees, attorneys' fees, court fees, and medical expenses incurred during the adoption process.
2. Providing a refundable adoption tax credit of $2,500 per child adopted from foster care and $2,000 per child adopted from a private or public adoption agency in a calendar year, to be claimed by one adoptive parent against their taxes.
The bill is intended to encourage and support adoption by making the process more financially accessible for taxpayers.
Committee Categories
Budget and Finance
Sponsors (23)
Mike Soter (R)*,
David DeCoste (R),
Carol Doherty (D),
Shawn Dooley (R),
Colleen Garry (D),
Susan Gifford (R),
Brad Jones (R),
Hannah Kane (R),
Patrick Kearney (D),
Mike Moore (D),
Dave Muradian (R),
Matt Muratore (R),
Brian Murray (D),
Jim O'Day (D),
Norm Orrall (R),
Kelly Pease (R),
Dave Robertson (D),
Jeff Roy (D),
Paul Schmid (D),
Alyson Sullivan (R),
Tommy Vitolo (D),
Timothy Whelan (R),
Steve Xiarhos (R),
Last Action
No further action taken (on 01/03/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H3067 |
| Bill | https://malegislature.gov/Bills/192/H3067.pdf |
Loading...