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US SB757

Bill

Official Source

Status

Introduced

2/26/2025

Primary Sponsor

Amy Klobuchar

Click for details

Origin

Senate

119th Congress

AI Summary

  • Amends Internal Revenue Code Section 23(d)(3) to allow Indian tribal governments to determine whether a child has special needs for purposes of the federal adoption tax credit
  • Currently only state governments can make special needs determinations that qualify adoptive families for the enhanced adoption credit
  • Adds "or Indian tribal government" to both subparagraphs (A) and (B) of the existing statute
  • Applies to taxable years beginning after the date of enactment
  • Introduced February 26, 2025 by Senators Klobuchar (D-MN) and Hoeven (R-ND) with bipartisan support

Legislative Description

Tribal Adoption Parity Act

Taxation

Last Action

Read twice and referred to the Committee on Finance.

2/26/2025

Committee Referrals

Finance2/26/2025

Full Bill Text

No bill text available