To amend the Internal Revenue Code of 1986 to provide that the credit for adoption expenses shall be permanent and to repeal the 5-year limitation on carryforwards of unused credit.
Makes provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 expanding the tax credit for adoption expenses permanent. Repeals the five-year limitation on carryforwards of unused adoption credit amounts.
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May 11, 2004
Referred to the House Committee on Ways and Means.