An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in tax credit and tax benefit administration, further providing for definitions; and establishing the child adoption tax credit.

Summary

The bill adds a child adoption tax credit of up to $1,000 per adopted child to the state tax code. It applies to resident individuals, including joint filers, who finalize an adoption of a child under 18 and can be claimed only once per child in the year of adoption. The Department of Revenue will issue a claim form, may require documentation, and must report the credit’s usage to the General Assembly each year.

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