We were delighted to hear that Senators Bob Casey (D-PA) and Roy Blunt (R-MO) announced today that they have introduced the Adoption Tax Credit Refundability Act of 2015 (S. 950) which will make the current adoption tax credit fully refundable. Making the tax credit fully refundable will ensure that more families and children will benefit. Right now, many adopting families do not have enough income to benefit from the credit at all.
Encouraging your Senators to sign on to the bill will be the best way to show support for the adoption tax credit and prevent it from being eliminated in any comprehensive tax reform that moves forward. Once there is a companion House bill, we’ll ask you to contact your Representative.