[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 2816 Introduced in Senate (IS)]

111th CONGRESS
  1st Session
                                S. 2816

      To repeal the sunset of the Economic Growth and Tax Relief 
    Reconciliation Act of 2001 with respect to the expansion of the 
   adoption credit and adoption assistance programs and to allow the 
   adoption credit to be claimed in the year expenses are incurred, 
             regardless of when the adoption becomes final.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 21, 2009

 Mr. Bunning (for himself, Mr. Nelson of Nebraska, Mr. Brownback, Mr. 
Burr, Mr. Casey, Mr. Chambliss, Ms. Collins, Mr. Enzi, Mr. Inhofe, Mr. 
     Isakson, Mr. Johnson, Mr. Roberts, Mr. Thune, and Mr. Vitter) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
      To repeal the sunset of the Economic Growth and Tax Relief 
    Reconciliation Act of 2001 with respect to the expansion of the 
   adoption credit and adoption assistance programs and to allow the 
   adoption credit to be claimed in the year expenses are incurred, 
             regardless of when the adoption becomes final.

    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 ``Adoption Tax Relief Guarantee Act''.

SEC. 2. REPEAL OF APPLICABILITY OF SUNSET OF THE ECONOMIC GROWTH AND 
              TAX RELIEF RECONCILIATION ACT OF 2001 WITH RESPECT TO 
              ADOPTION CREDIT AND ADOPTION ASSISTANCE PROGRAMS.

    Section 901 of the Economic Growth and Tax Relief Reconciliation 
Act of 2001 is amended by adding at the end the following new 
subsection:
    ``(c) Exception.--Subsection (a) shall not apply to the amendments 
made by section 202 (relating to expansion of adoption credit and 
adoption assistance programs).''.

SEC. 3. ALLOWANCE OF ADOPTION CREDIT IN YEAR OF EXPENSES.

    (a) In General.--Paragraph (2) of section 23(a) of the Internal 
Revenue Code of 1986 (relating to allowance of credit) is amended to 
read as follows:
            ``(2) Year credit allowed.--The credit under paragraph (1) 
        with respect to any expense shall be allowed for the taxable 
        year in which such expense is paid or incurred.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to expenses paid or incurred in taxable years beginning after December 
31, 2010.
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