Senate Bill 2895 - Adoption Tax Credit Refundability Act of 2023

Purpose and Summary

Chamber: Senate

Introduced date: 2023-09-21

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

Adoption Tax Credit Refundability Act of 2023

Adoption Tax Credit Refundability Act of 2023

A bill to amend the Internal Revenue Code of 1986 to provide for a refundable adoption tax credit.

Associated Legislation

Adoption Tax Credit Refundability Act of 2023

Providing for Life Act of 2023

Providing for Life Act of 2023

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Casey, Robert P., Jr. [D-PA]

Cosponsors and Supporters

Sen. Cramer, Kevin [R-ND]

Sen. Brown, Sherrod [D-OH]

Sen. Capito, Shelley Moore [R-WV]

Sen. Duckworth, Tammy [D-IL]

Sen. Feinstein, Dianne [D-CA]

Sen. Fetterman, John [D-PA]

Sen. Hawley, Josh [R-MO]

Sen. Hyde-Smith, Cindy [R-MS]

Sen. Kelly, Mark [D-AZ]

Sen. Klobuchar, Amy [D-MN]

Sen. Lankford, James [R-OK]

Sen. Lujan, Ben Ray [D-NM]

Sen. Risch, James E. [R-ID]

Sen. Rounds, Mike [R-SD]

Sen. Rubio, Marco [R-FL]

Sen. Scott, Tim [R-SC]

Sen. Stabenow, Debbie [D-MI]

Sen. Van Hollen, Chris [D-MD]

Sen. Warner, Mark R. [D-VA]

Sen. Warren, Elizabeth [D-MA]

Sen. Whitehouse, Sheldon [D-RI]

Sen. Wicker, Roger F. [R-MS]

Sen. Wyden, Ron [D-OR]

Sen. Blackburn, Marsha [R-TN]

Sen. Kaine, Tim [D-VA]

Sen. King, Angus S., Jr. [I-ME]

Committees and Subcommittees

Finance Committee

Variations and Revisions

Providing for Life Act of 2023Adoption Tax Credit Refundability Act of 2023

Adoption Tax Credit Refundability Act of 2023

3/13/2024, 6:38 PM

Adoption Tax Credit Refundability Act of 2023

This bill makes the tax credit for adoption expenses refundable.

Congress
118

Number
S - 2895

Introduced on
2023-09-21

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

9/21/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Adoption Tax Credit Refundability Act of 2023

This bill makes the tax credit for adoption expenses refundable.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to provide for a refundable adoption tax credit.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary10/4/2023

Adoption Tax Credit Refundability Act of 2023

This bill makes the tax credit for adoption expenses refundable.


Latest Action9/21/2023
Read twice and referred to the Committee on Finance.