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Adoption Tax Credit Refundability Act of 2021

1/11/2023, 1:49 PM

Congressional Summary of S 1156

Adoption Tax Credit Refundability Act of 2021

This bill makes the tax credit for adoption expenses refundable.

Current Status of Bill S 1156

Bill S 1156 is currently in the status of Bill Introduced since April 15, 2021. Bill S 1156 was introduced during Congress 117 and was introduced to the Senate on April 15, 2021.  Bill S 1156's most recent activity was Read twice and referred to the Committee on Finance. as of April 15, 2021

Bipartisan Support of Bill S 1156

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
24
Democrat Cosponsors
11
Republican Cosponsors
13
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1156

Primary Policy Focus

Taxation

Potential Impact Areas

- Adoption and foster care
- Income tax credits

Alternate Title(s) of Bill S 1156

Adoption Tax Credit Refundability Act of 2021
A bill to amend the Internal Revenue Code of 1986 to provide for a refundable adoption tax credit.
Adoption Tax Credit Refundability Act of 2021

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