H.R. 347House109th Congress (2005-2007)In Committee

To amend the Internal Revenue Code of 1986 to provide that the credit for adoption expenses shall be permanent and to repeal the 5-year limitation on carryforwards of unused credit.

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action

HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

January 25, 2005

View full timeline

HouseIntro Referral

Introduced in House

January 25, 2005

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

January 25, 2005

Bill Text

Latest available legislative text

Reading Mode

Raw Text PDF XML

Introduced in HouseIssued January 25, 2005

109th CONGRESS

1st Session

H. R. 347

IN THE HOUSE OF REPRESENTATIVES

January 25, 2005

Mr. Platts 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 that the credit for adoption expenses shall be permanent and to repeal the 5-year limitation on carryforwards of unused credit.

Adoption expense credit made permanent; repeal of carryforward limit

(a)

Credit made permanent

Title IX of the Economic Growth and Tax Relief Reconciliation Act of 2001 shall not apply to the amendments made by section 202 of such Act.

(b)

Repeal of carryforward limit

(1)

In general

Subsection (c) of section 23 of such Code is amended by striking the last 2 sentences.

(2)

Effective date

The amendment made by paragraph (1) shall apply to taxable years beginning after the date of the enactment of this Act.