I support the Hope for Children Act, H.R. 622, which would raise the tax credit for adoption to $10,000. Currently the maximum credit is $6,000 for families who adopt a special-needs child and $5,000 for all other adoptions. The credit is set to expire this year, and H.R. 622 would make the credit permanent. The special-needs credit, as the gentleman from Maryland mentioned, is permanent now. But furthermore, the Hope for Children Act applies to all adoptions, both domestic and intercountry. As the lead sponsor of the Adoption and Safe Families Act, which was signed into law in November of 1997, I am pleased that we are continuing our efforts to make adoptions easier.
Dave Camp: “I support the Hope for Children Act, H.R. 622, which would raise the tax credit for adoption to $10,000. Currently the…”
Editor's note · Context
Discussing the Hope for Children Act and its impact on adoption tax credits.
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