Bill

Bill > H2953


MA H2953

MA H2953
To promote adoption


summary

Introduced
02/16/2023
In Committee
03/21/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to a taxpayer exemption for adopted children. Revenue.

AI Summary

This bill aims to promote adoption by providing tax benefits to taxpayers who have adopted children. Specifically, it amends the Massachusetts General Laws to allow taxpayers to deduct the expenses incurred in the adoption process, including fees paid to adoption agencies, attorneys, courts, and medical expenses. Additionally, the bill introduces a refundable tax credit of $2,500 per child adopted from foster care and $2,000 per child adopted from a private or public adoption agency. These provisions are intended to encourage and support adoption in the state.

Committee Categories

Budget and Finance

Sponsors (20)

Last Action

No further action taken (on 12/31/2024)

Taxonomy

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
Social Welfare
  • ‐ Family Issues

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H2953 03/13/2023
BillText https://malegislature.gov/Bills/193/H2953.pdf 03/13/2023
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