118th Congress · HOUSE BILLBILL

H.R. 7912 — Fight for Siblings Act of 2024

“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.”

Taxation

Introduced Apr 9, 2024

Last action Apr 9, 2024

Pipeline · Bill → Law

Step 1

Introduced

Apr 9, 2024

Step 2

Referred

Apr 9, 2024

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill increases from $10,000 to $20,000 the aggregate amount of adoption expenses that may be taken into account for purposes of the adoption tax credit for taxpayers who finalize the adoption of two siblings in the same taxable year.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Apr 9, 2024

Introduced in House

Apr 9, 2024

Referred to the House Committee on Ways and Means.