Relating to claiming the adoption tax credit for qualified adoption expenses paid or incurred during a tax year and including retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 11, 2019
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: House committeeMarch 12, 2019
4. ✓
   Done: Passes the HouseMarch 12, 2019
5. ✕
   Stopped: Senate committeeDied when the General Assembly ended
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill relates to claiming the adoption tax credit for qualified adoption expenses paid or incurred by an individual taxpayer during a tax year. Currently, in order to claim the adoption tax credit the taxpayer must pay or incur “qualified adoption expenses” during the tax year, which are unreimbursed, and connected with the adoption. The bill strikes the requirement that the “qualified adoption expenses” be paid or incurred by the taxpayer during the tax year. The bill specifies that if a qualified adoption expense is incurred prior to or during the tax year in which the adoption becomes final, the qualified adoption expense shall be allowed during the tax year in which the adoption becomes final.

Full bill text¹

Senate subcommittee

Named February 5, 2020. It hasn’t reported yet.

• Sen. Jake Chapman R
• Sen. Joe Bolkcom D
• Sen. R. Smith

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

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