[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7912 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 7912

 To amend the Internal Revenue Code of 1986 to increase the aggregate 
 dollar limitation on the amount of qualified adoption expenses which 
may be taken into account for purposes of the adoption expenses credit 
  in the case of a taxpayer who adopts 2 siblings in the same taxable 
                                 year.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 9, 2024

    Mr. Nunn of Iowa (for himself and Mr. Davis of North Carolina) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to increase the aggregate 
 dollar limitation on the amount of qualified adoption expenses which 
may be taken into account for purposes of the adoption expenses credit 
  in the case of a taxpayer who adopts 2 siblings in the same taxable 
                                 year.

    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 ``Fight for Siblings Act of 2024''.

SEC. 2. INCREASE IN AGGREGATE DOLLAR LIMITATION ON ADOPTION EXPENSES 
              CREDIT.

    (a) In General.--Section 23(b)(1) of the Internal Revenue Code of 
1986 is amended by inserting ``($20,000 in the case of a taxpayer that 
finalizes the adoption of 2 children who are siblings in the same 
taxable year)'' after ``$10,000''.
    (b) Effective Date.--The amendment made by this section shall apply 
to adoptions finalized after the date of the enactment of this Act.
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