parents and child

Sen. Roy Blunt announces legislation to make adoption more affordable

The bill would make the adoption tax credit fully refundable.

June 11, 2019 - 11:12 am

WASHINGTON (KMOX) — Sen. Roy Blunt announced Monday legislation that would make adoption more affordable for families by making the tax credit fully refundable.

“Over 100,000 children are waiting for adoption into a family who can give them the loving home they deserve,” Blunt said in a news release. “This bipartisan bill will restore the refundability portion of the tax credit to make adoption more affordable for hardworking families. I urge my colleagues to join me in this effort to make adoption a more viable option for parents who are eager to welcome a child into their home.”

Dubbed "the Adoption Tax Credit Refundability Act," it is also backed by Sen. Bob Casey (Pa.) and Sen. James Inhofe (Okla.). 

The release cited the Department of Health and Human Services stating "about one-third of all adopted children live in families with annual household incomes at or below 200% of the poverty level." It goes on to mention that "nearly 46% of children adopted from foster care live in families with incomes at or below 200% of the federal poverty level."

"It is a common misconception that only wealthy families adopt,” Casey said. “We must do all we can do to ensure that all children are afforded the opportunity to grow up in a permanent, loving home. This legislation is a commonsense approach to improve lower-income families’ ability to adopt and support children from foster care.”

“My family knows firsthand the joys and blessings adoption brings,” Inhofe said. “But adoption is not without its difficulties and, too often, can be a costly process. Making the adoption tax credit fully refundable will ease that financial burden so more families can choose to adopt and welcome children into their homes.”

The Adoption Tax Credit Working Group Executive Committee, an entity of 150 organizations, has endorsed this legislation.

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