90th General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 351: Relating to the adoption tax credit available against the individual income tax

Died when the session ended · The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died.

What it does

This bill relates to the adoption tax credit available against the individual income tax. Currently, the adoption tax credit equals the amount of qualified adoption expenses paid or incurred by the taxpayer in connection with the adoption of a child, not to exceed $5,000 per adoption. The bill phases in an increase to the maximum amount of the adoption tax credit as follows: for the tax year beginning January 1, 2024, the maximum amount of the adoption tax credit increases from $5,000 per adoption to $7,500 per adoption; and for tax years beginning on or after January 1, 2025, the maximum amount of the tax credit increases from $7,500 per adoption to $10,000 per adoption.

Cost

Less revenue: up to $775,000

Increasing the Adoption Tax Credit limit to a maximum of $7,500 for TY 2024 and $10,000 for TY 2025 and after is estimated to decrease net General Fund revenue by $406,000 in FY 2025 and by $775,000 annually for FY 2026 and after.

Senate subcommittee · named April 18, 2023

Sen. Carrie Koelker (R) · carrie.koelker@legis.iowa.gov
Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
Sen. Janet Petersen (D) · janet.petersen@legis.iowa.gov

Lobbying · 10 for, 0 against

For: AFSCME Iowa Council 61; Iowa Catholic Conference; Iowa Federation of Labor, AFL-CIO; Iowa Right to Life Committee; Lutheran Family Service; Personal Interest-Amy Campbell; The Family Leader; The Family Leader Foundation; UAW Region 4; United Professionals/UE

In plain words

February 20, 2023Filed in the House
February 22, 2023Cost estimate (fiscal note) posted
April 12, 2023Passed the House, 99–0
April 13, 2023Arrived in the Senate
April 18, 2023Senate subcommittee named: Koelker, Dawson and Petersen
April 24, 2023Subcommittee recommended passing it