summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to a taxpayer exemption for adopted children. Revenue.
AI Summary
This bill aims to promote adoption by providing tax-related benefits to adoptive parents. Specifically, it amends the state's tax laws to allow taxpayers to deduct expenses incurred in the adoption process, such as agency fees, legal fees, court fees, and medical expenses. Additionally, the bill establishes a refundable tax credit of $1,000 per adopted child in a calendar year, which can be claimed by one of the adoptive parents against their state taxes. These provisions are intended to alleviate the financial burden associated with adoption and encourage more families to consider adoption as a way to grow their families.
Committee Categories
Budget and Finance
Sponsors (6)
David DeCoste (R),
Shawn Dooley (R),
Mike Finn (D),
James Lyons (R),
Leonard Mirra (R),
Shaunna O'Connell (R),
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
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/190/H2622 |
| Bill | https://malegislature.gov/Bills/190/H2622.pdf |
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