HR 4373 112th Congress House Taxation Adoption and foster care Disability and paralysis Income tax credits Inflation and prices

Making Adoption Affordable Act of 2012

Introduced: April 17, 2012 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 17, 2012

Referred to the House Committee on Ways and Means.

Apr 17, 2012

Introduced in House

Plain-English summary Congressional Research Service

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 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 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.

What's happening now April 17, 2012

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1