Title: Adoption Tax Credit Refundability Act of 2017
Policy area: Taxation

Summary:
Adoption Tax Credit Refundability Act of 2017
This bill amends the Internal Revenue Code to make the tax credit for adoption expenses refundable.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2476 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 2476

To amend the Internal Revenue Code of 1986 to provide for a refundable 
                          adoption tax credit.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 17, 2017

Mrs. Black (for herself, Mr. Danny K. Davis of Illinois, Mr. Franks of 
    Arizona, and Ms. Bass) introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to provide for a refundable 
                          adoption tax credit.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Adoption Tax Credit Refundability 
Act of 2017''.

SEC. 2. REFUNDABLE ADOPTION TAX CREDIT.

    (a) Credit Made Refundable.--The Internal Revenue Code of 1986 is 
amended--
            (1) by redesignating section 23 as section 36C; and
            (2) by moving section 36C (as so redesignated) from subpart 
        A of part IV of subchapter A of chapter 1 to the location 
        immediately before section 37 in subpart C of part IV of 
        subchapter A of chapter 1.
    (b) Conforming Amendments.--
            (1) Section 25(e)(1)(C) of such Code is amended by striking 
        ``sections 23, 25D, and 1400C'' and inserting ``sections 25D 
        and 1400C''.
            (2) Section 36C of such Code, as so redesignated, is 
        amended--
                    (A) in subsection (b)(2)(A), by striking 
                ``(determined without regard to subsection (c))'';
                    (B) by striking subsection (c); and
                    (C) by redesignating subsections (d) through (i) as 
                subsections (c) through (h), respectively.
            (3) Section 137 of such Code is amended--
                    (A) in subsection (d), by striking ``section 
                23(d)'' and inserting ``section 36C(c)''; and
                    (B) in subsection (e), by striking ``subsections 
                (e), (f), and (g) of section 23'' and inserting 
                ``subsections (d), (e), and (f) of section 36C''.
            (4) Section 1016(a)(26) is amended by striking ``23(g)'' 
        and inserting ``36C(f)''.
            (5) Section 6211(b)(4)(A) of such Code is amended by 
        inserting ``36C,'' before ``168(k)(4)''.
            (6) The table of sections for subpart A of part IV of 
        subchapter A of chapter 1 of such Code of 1986 is amended by 
        striking the item relating to section 23.
            (7) Paragraph (2) of section 1324(b) of title 31, United 
        States Code, as amended by this Act, is amended by inserting 
        ``36C,'' after ``36B,''.
            (8) The table of sections for subpart C of part IV of 
        subchapter A of chapter 1 of the Internal Revenue Code of 1986, 
        as amended by this Act, is amended by inserting after the item 
        relating to section 36B the following new item:

``Sec. 36C. Adoption expenses.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2016.
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