Adoption Tax Credit Bill Introduced in the U.S. House
On April 17, 2012, Rep. Bruce Braley (D-IA) introduced the Making Adoption Affordable Act. The act will permanently expand the federal adoption tax credit to $13,360, an increase of $1,000 over the current credit, and make it refundable.
The current adoption tax credit is set to expire at the end of 2012. Over the last several months, many of you expressed concerns about the impact the expiration of the credit will have on your family. Congressman Braleyâ€™s bill is the first step toward ensuring that the adoption tax credit continues to be an option to help families offset the high cost of adoption. More importantly, this legislation will promote the adoption of Godâ€™s children by loving families.
As people who are passionate about the ministry of adoption, it is up to us to make sure our Representatives support this life-saving legislation. Will you take action on behalf of orphaned and vulnerable children by contacting your member of Congress to urge them to vote â€œYESâ€ on the Making Adoption Affordable Act?
You can find the contact information for your Representative by clicking HERE.
The full text of the Making Adoption Affordable Act can be found HERE.
We will provide updates on the progress of the bill as it makes its way through Congress.
Andrew C. Brown
Director of Corporate Governance