Washington, D.C. – Today the House Ways and Means Committee Chairman Kevin Brady (R-Texas) introduced a manager’s amendment to the Tax Cuts and Job Act which reinstated the Adoption Tax Credit.
Penny Nance, CEO and President of Concerned Women for America had this to say:
“We are thankful to see that, as of today, the Adoption Tax Credit is back! Thank you to Chairman Brady and House Leadership for listening to the voice of the people and reinstating the adoption tax credit in the amended Tax Cuts and Job Act.
“Overhauling our tax system is a huge undertaking but it’s important that we work to get it right for American families and this is a huge step in the right direction.
“The Adoption Tax Credit is crucial for adoptive families who make significant financial sacrifices for their children. The substantial upfront cost of adopting a child should never be the reason why a family has to forgo adoption. Restoring the Adoption Tax Credit is integral to ensuring that tax reform is pro-family.”