A bill to amend the Internal Revenue Code of 1954 to exclude from the income of an employee certain adoption expenses paid by an employer, to provide a deduction for adoption expenses paid by an individual, and for other purposes.

Amends the Internal Revenue Code to provide an income tax exclusion for employees for benefits received from, or contributions of an employer to, an adoption expense plan. Defines "adoption expense plan" as a written plan of an employer to reimburse employees for adoption expenses.

Allows an income tax deduction for adoption expenses incurred by a taxpayer, including legal fees, medical expenses, and transportation costs related to the adoption process. Permits nonitemizing taxpayers to claim such deduction for adoption expenses.

Treats employer contributions to an adoption expense plan as a deductible business expense.