Bill > HR570

This bill amends the Internal Revenue Code to allow parents who experience a stillbirth to claim the child tax credit under specific circumstances. The bill defines a stillbirth as the delivery of an unborn child after spontaneous intrauterine fetal demise (IUFD) at or after 20 weeks of gestation. Under the proposed changes, parents would be able to claim the child tax credit for a stillborn child as if the child had been born alive and survived briefly. This means parents could qualify for the tax credit even though their child did not survive, treating the stillborn child as a "qualifying child" for tax purposes. The bill stipulates that the tax credit would be available regardless of whether the parents would typically be allowed a deduction under section 151 of the tax code, and would not be restricted by requirements related to taxpayer identification numbers or social security numbers. The term "unborn child" is defined broadly as a member of the human species at any stage of development who is carried in the womb. The amendment would apply to taxable years ending after the date of the bill's enactment, providing financial support and recognition to parents who have experienced the traumatic loss of a stillborn child.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/570/all-info