S.3616 - Making Adoption Affordable Act of 2012

A bill to amend the Internal Revenue Code of 1986 to make permanent the expansion of tax benefits for adoption enacted in 2001 and to permanently reinstate the expansion of tax benefits for adoption enacted in 2010, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to make permanent the expansion of tax benefits for adoption enacted in 2001 and to permanently reinstate the expansion of tax benefits for adoption enacted in 2010, and for other purposes. as introduced.
  • Short: Making Adoption Affordable Act of 2012 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 1
  • All-Time: 1,326
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
09/21/12
 
 
 
 
 
 
 

Sponsor

Senator

Mary Landrieu

D-LA

View Co-Sponsors (7)

Official Summary

Making Adoption Affordable Act of 2012 - Makes permanent provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 allowing an increased tax credit for adoption expenses and an increased exclusion from an employee's gross income for amounts paid by an employer for ado

Official Summary

Making Adoption Affordable Act of 2012 - Makes permanent provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 allowing an increased tax credit for adoption expenses and an increased exclusion from an employee's gross income for amounts paid by an employer for adoption expenses. Amends the Internal Revenue Code to reinstate and make permanent:
(1) the increase in the tax credit for adoption expenses and the increased exclusion from an employee's gross income for amounts paid by an employer for adoption expenses that were enacted by the Patient Protection and Affordable Care Act,
(2) the annual inflation adjustments for such increased amounts, and
(3) the refundability of the tax credit for adoption expenses. Directs the Secretary of the Treasury to take certain actions concerning:
(1) Internal Revenue Service (IRS) communications efforts about the adoption tax credit, and
(2) documentation of adoption expenses required before initiation of a tax audit.

...Read the Rest


Latest Letters to Congress

See All Letters (13)
 


Vote on This Bill

100% Users Support Bill

10 in favor / 0 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC