A bill to amend the Internal Revenue Code of 1954, to allow a deduction from gross income for social agency, legal, and related expenses incurred in connection with the adoption of a child by the taxpayer.
Adoption Opportunity Act - Allows an income tax deduction, under the Internal Revenue Code of 1954, for social agency, legal, and related expenses incurred in connection with the adoption of a child by the taxpayer. Limits such deduction to $1250 for the adoption of any one child. (Amends 26 U.S.C. 218)
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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