3.0.0 3616 2022-02-03T05:53:22Z 2022-02-03T05:53:22Z Senate S S 2012-09-21 112 ssfi00 Finance Committee Senate Standing Referred to 2012-09-21T19:02:27Z Making Adoption Affordable Act of 2012 112 4373 HR 2012-04-17 Referred to the House Committee on Ways and Means. Related bill CRS 2012-09-21 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2012-09-21 Introduced in Senate IntroReferral 10000 9 Library of Congress L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA N C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2012-09-21 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2012-09-21 True H001016 Sen. Hutchison, Kay Bailey [R-TX] KAY HUTCHISON R TX BAILEY 2012-09-21 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2012-11-29 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2012-11-29 False H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2012-12-05 False M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2012-12-12 False Taxation Adoption and foster care Disability and paralysis Income tax credits Inflation and prices Tax administration and collection, taxpayers Taxation 00 2012-09-21 Introduced in Senate 2012-10-02T17:28:45Z 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.

]]> Making Adoption Affordable Act of 2012 Short Titles as Introduced Making Adoption Affordable Act of 2012 Display Title Making Adoption Affordable Act of 2012 Official Title as Introduced 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. Introduced in Senate 2012-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3616is/xml/BILLS-112s3616is.xml 2012-09-21 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.