Adoption Tax Credit Preserved in the Senate and House
We are deeply appreciative that the House Ways and Means Committee has reversed its proposed elimination of the adoption tax credit and has taken a step to support American families by retaining the adoption tax credit as part of H.R. 1, Tax Cuts and Jobs Act. Additionally, we are pleased the Senate Republican’s proposal has also retained this important tax credit.
As the legislative process for tax reform moves forward, Congress should ensure that any final bill maintains the current availability and amount of the adoption tax credit for all Americans that currently qualify. Anything less would result in Congress picking winners and losers among children and their families. Beyond retaining the current credit, improvements should include reinstating refundability of this credit so more middle and lower income families can benefit as they welcome a child into their home.
On behalf of the Adoption Tax Credit Working Group, a coalition of more than 150 adoption and family building advocates, nonprofits, attorneys, and religious organizations across the United States, we appreciate the work that Chairman Rep. Kevin Brady, Representative Mike Kelly, Rep. Diane Black, Congressman Trent Franks, andCongressman Danny K. Davis did to reinstate the adoption tax credit in the House bill. We look forward to working with all Members of Congress to preserve and enhance the credit. All children deserve a forever family. #SaveTheATC