[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 622 Reported in House (RH)]






                                                  Union Calendar No. 35
107th CONGRESS
  1st Session
                                H. R. 622

                          [Report No. 107-64]

   To amend the Internal Revenue Code of 1986 to expand the adoption 
                    credit, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 14, 2001

Mr. DeMint (for himself, Mr. Oberstar, Mr. Bachus, Mr. King, Ms. Pryce 
of Ohio, Mr. Ackerman, Mr. Aderholt, Mr. Akin, Mr. Andrews, Mr. Armey, 
  Mr. Baird, Ms. Baldwin, Mr. Barrett, Mr. Bartlett of Maryland, Mr. 
    Barton of Texas, Mr. Bereuter, Mrs. Biggert, Mr. Bilirakis, Mr. 
   Blagojevich, Mr. Blunt, Mr. Boehlert, Mr. Bonior, Mrs. Bono, Mr. 
 Boucher, Mr. Brady of Texas, Ms. Brown of Florida, Mr. Brown of South 
    Carolina, Mr. Bryant, Mr. Burr of North Carolina, Mr. Burton of 
Indiana, Mr. Buyer, Mr. Callahan, Mr. Camp, Mr. Cannon, Mr. Cantor, Mr. 
 Chabot, Mr. Chambliss, Mr. Cooksey, Mr. Costello, Mr. Cox, Mr. Coyne, 
Mr. Cramer, Mr. Crane, Mrs. Cubin, Mr. Cunningham, Mrs. Jo Ann Davis of 
Virginia, Mr. Thomas M. Davis of Virginia, Mr. Delahunt, Mr. DeLay, Mr. 
    Doolittle, Mr. Doyle, Mr. Duncan, Mr. Ehlers, Mrs. Emerson, Mr. 
 English, Mr. Evans, Mr. Everett, Mr. Flake, Mr. Fletcher, Mr. Foley, 
Mr. Fossella, Mr. Frank, Mr. Frelinghuysen, Mr. Frost, Mr. Gibbons, Mr. 
 Gillmor, Mr. Gilman, Mr. Goode, Mr. Gordon, Mr. Graham, Ms. Granger, 
Mr. Green of Texas, Mr. Greenwood, Mr. Grucci, Mr. Gutknecht, Mr. Hall 
of Ohio, Mr. Hansen, Ms. Hart, Mr. Hayes, Mr. Hayworth, Mr. Hobson, Mr. 
   Holden, Mr. Horn, Mr. Hostettler, Mr. Hutchinson, Mr. Inslee, Mr. 
 Isakson, Mr. Jenkins, Mrs. Johnson of Connecticut, Mr. Sam Johnson of 
Texas, Mrs. Jones of Ohio, Mr. Keller, Mrs. Kelly, Mr. Kerns, Mr. Kind, 
Mr. Kingston, Mr. Knollenberg, Mr. Kolbe, Mr. Kucinich, Mr. LaHood, Mr. 
   Larson of Connecticut, Mr. LaTourette, Mr. Lewis of Kentucky, Mr. 
  Lipinski, Mr. LoBiondo, Mr. Lucas of Oklahoma, Mrs. Maloney of New 
York, Mrs. McCarthy of New York, Ms. McCarthy of Missouri, Mr. McHugh, 
Mr. McInnis, Mr. McIntyre, Mr. McNulty, Mr. Meehan, Mr. Gary Miller of 
California, Mrs. Mink of Hawaii, Mr. Moore, Mr. Moran of Virginia, Mrs. 
 Morella, Mrs. Myrick, Mr. Nadler, Mr. Neal of Massachusetts, Mr. Ney, 
   Mrs. Northup, Mr. Osborne, Mr. Oxley, Mr. Pascrell, Mr. Paul, Mr. 
    Pence, Mr. Pickering, Mr. Pitts, Mr. Platts, Mr. Price of North 
Carolina, Mr. Putnam, Mr. Reynolds, Mr. Riley, Ms. Rivers, Mr. Roemer, 
 Mr. Rogers of Michigan, Mrs. Roukema, Mr. Ryan of Wisconsin, Mr. Ryun 
of Kansas, Mr. Sanders, Mr. Schaffer, Ms. Schakowsky, Mr. Schrock, Mr. 
  Scott, Mr. Sensenbrenner, Mr. Shadegg, Mr. Shays, Mr. Sherwood, Mr. 
Shimkus, Mr. Simmons, Mr. Simpson, Mr. Skeen, Mr. Skelton, Mr. Smith of 
New Jersey, Mr. Smith of Michigan, Mr. Souder, Mr. Spence, Mr. Stearns, 
  Mr. Stupak, Mr. Sweeney, Mr. Tancredo, Mr. Tauzin, Mr. Terry, Mrs. 
Thurman, Mr. Tiahrt, Mr. Tiberi, Mr. Toomey, Mr. Underwood, Mr. Vitter, 
Mr. Walden of Oregon, Mr. Walsh, Mr. Waxman, Mr. Weldon of Florida, Mr. 
 Whitfield, Mr. Wicker, Mr. Wolf, Mr. Baker, Mr. Allen, Mr. Wamp, Mr. 
 Larsen of Washington, Mr. Istook, Mr. Crenshaw, Ms. Capito, Mr. Udall 
of Colorado, Mr. Baca, and Ms. Woolsey) introduced the following bill; 
         which was referred to the Committee on Ways and Means

                              May 15, 2001

 Additional sponsors: Mr. Visclosky, Mr. Sabo, Mr. Filner, Ms. Kaptur, 
Mr. Bonilla, Mr. Taylor of North Carolina, Mr. Berman, Mr. Crowley, Mr. 
Gallegly, Mr. DeFazio, Mr. Clement, Mr. Bishop, Mr. Wu, Mr. Borski, Mr. 
Lucas of Kentucky, Mr. Ehrlich, Mr. Norwood, Mr. Strickland, Mr. Jones 
 of North Carolina, Mr. Largent, Mr. Latham, Mr. Thune, Ms. Carson of 
  Indiana, Mr. Ferguson, Mr. Calvert, Mr. Ballenger, Mr. Boehner, Mr. 
 Castle, Mr. Coble, Mr. Dreier, Mr. Linder, Mr. Manzullo, Mr. Moran of 
    Kansas, Mr. Green of Wisconsin, Mr. Hastings of Washington, Mr. 
  Hoekstra, Mr. Hulshof, Mr. Rohrabacher, Mr. Watts of Oklahoma, Mr. 
  Nethercutt, Mr. Snyder, Mr. Peterson of Minnesota, Mr. Graves, Mr. 
Otter, Mr. Baldacci, Ms. Solis, Mr. Hoeffel, Mr. Portman, Ms. Dunn, Mr. 
Hyde, Mr. Weldon of Pennsylvania, Mr. Blumenauer, Ms. Hooley of Oregon, 
Mr. Goodlatte, Mr. Ose, Mr. Langevin, Mr. Hefley, Mr. Bass, Mr. Olver, 
 Mr. Combest, Mr. Diaz-Balart, Mr. Goss, Mr. Houghton, Mr. McKeon, Mr. 
  Pombo, Mr. Sununu, Mr. Young of Alaska, Mr. Upton, Mr. Weller, Mr. 
George Miller of California, Mr. Saxton, Mr. Kildee, Ms. Velazquez, Mr. 
 Hilleary, Mr. Clyburn, Mr. Abercrombie, Mr. Deal of Georgia, Mr. Watt 
   of North Carolina, Mr. Gonzalez, Mr. Maloney of Connecticut, Mrs. 
   Tauscher, Mr. Brown of Ohio, Mr. Mica, Mr. Barcia, Ms. Millender-
   McDonald, Mr. LaFalce, Mr. Pomeroy, Mr. Phelps, Mr. Ramstad, Mr. 
Watkins, Mr. Matheson, Mr. Sawyer, Mr. Smith of Washington, Mr. Hoyer, 
 Ms. Jackson-Lee of Texas, Mr. Kennedy of Minnesota, Ms. McKinney, Mr. 
        Owens, Mr. Rogers of Kentucky, Mr. Issa, and Ms. Norton

                              May 15, 2001

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
    [For text of introduced bill, see copy of bill as introduced on 
                           February 14, 2001]

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to expand the adoption 
                    credit, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Hope for Children Act''.

SEC. 2. INCREASED TAX INCENTIVES FOR ADOPTIONS.

    (a) Increase in Maximum Benefit.--Section 23(b)(1) of the Internal 
Revenue Code of 1986 (relating to dollar limitation) is amended by 
striking ``$5,000'' and all that follows and inserting ``$10,000.''.
    (b) Benefits Made Permanent for All Children.--Paragraph (2) of 
section 23(d) of such Code is amended to read as follows:
            ``(2) Eligible child.--The term `eligible child' means any 
        individual who--
                    ``(A) has not attained age 18, or
                    ``(B) is physically or mentally incapable of caring 
                for himself.''.
    (c) Increase in Phaseout.--Clause (i) of section 23(b)(2)(A) of 
such Code (relating to income limitation) is amended by striking 
``$75,000'' and inserting ``$150,000''.
    (d) Credit Allowed Against Alternative Minimum Tax.--
            (1) In general.--Subsection (b) of section 23 of such Code 
        is amended by adding at the end the following new paragraph:
            ``(4) Limitation based on amount of tax.--The credit 
        allowed under subsection (a) for any taxable year shall not 
        exceed the excess of--
                    ``(A) the sum of the regular tax liability (as 
                defined in section 26(b)) plus the tax imposed by 
                section 55, over
                    ``(B) the sum of the credits allowable under this 
                subpart (other than this section) and section 27 for 
                the taxable year.''.
            (2) Conforming amendments.--
                    (A) Subsection (c) of section 23 of such Code is 
                amended--
                            (i) by striking ``section 26(a)'' and 
                        inserting ``subsection (b)(4)'', and
                            (ii) by striking ``reduced by the sum of 
                        the credits allowable under this subpart (other 
                        than this section and section 1400C)''.
                    (B) Paragraph (1) of section 26(a) of such Code is 
                amended by inserting ``(other than section 23)'' after 
                ``this subpart''.
                    (C) Section 904(h) of such Code is amended by 
                inserting ``(other than section 23)'' after 
                ``chapter''.
                    (D) Subsection (d) of section 1400C of such Code is 
                amended by inserting ``and section 23'' after ``this 
                section''.
    (e) Amendments Related to Employer-Provided Adoption Assistance.--
            (1) Paragraph (1) of section 137(b) of such Code is amended 
        by striking ``$5,000'' and all that follows and inserting 
        ``$10,000.''.
            (2) Subparagraph (A) of section 137(b)(2) of such Code is 
        amended by striking ``$75,000'' and inserting ``$150,000''.
            (3) Section 137 of such Code is amended by striking 
        subsection (f) (relating to termination).
    (f) Effective Date.--
            (1) In general.--Except as provided in paragraph (2), the 
        amendments made by this section shall apply to taxable years 
        beginning after December 31, 2001.
            (2) Expenses paid or incurred in prior years.--Expenses 
        paid or incurred during any taxable year beginning before 
        January 1, 2002, may be taken into account in determining the 
        credit under section 23 of the Internal Revenue Code of 1986 
        for a taxable year beginning on or after such date only to the 
        extent the aggregate of such expenses does not exceed the 
        applicable limitation under section 23(b)(1) of such Code as in 
        effect on the day before the date of the enactment of this Act.




                                                  Union Calendar No. 35

107th CONGRESS

  1st Session

                               H. R. 622

                          [Report No. 107-64]

_______________________________________________________________________

                                 A BILL

   To amend the Internal Revenue Code of 1986 to expand the adoption 
                    credit, and for other purposes.

_______________________________________________________________________

                              May 15, 2001

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed