Bill · S. 1458· Senate(119-S-1458)

Adoption Tax Credit Refundability Act of 2025

Age: 65 years

North Dakota

Introduced: 4/10/2025
Last activity: 4/10/2025 — Read twice and referred to the Committee on Finance.
Sponsored by: Kevin Cramer
Cosponsors: - 6 - 11

Taxation

Introduced
In Committee

What this bill would do

This bill is called the Adoption Tax Credit Refundability Act of 2025. It changes the Internal Revenue Code of 1986 to make the adoption tax credit a refundable credit. The bill moves the adoption tax credit into the section of the tax code that deals with refundable credits. It also requires regulations and guidance to provide a standardized third-party affidavit to verify legal adoptions. These changes apply to taxable years beginning after December 31, 2024. Any excess credit from the year before the amendments apply is added to the taxpayer's credit for the first new taxable year.

Yes· 3 of 4

Would households on low incomes be better off under this?+7
Making the credit refundable provides essential financial support to low-income families who cannot use non-refundable credits.
Would children be better off under this?+5
The bill supports families adopting children, which can lead to better outcomes for children in the adoption system.
Would middle-income households be better off under this?+5
The refundability allows middle-class taxpayers to realize the full benefit of the adoption credit.