,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #badd  ,,in ,,the ,,house ,,of  
,,representatives  ,may #bc1 #bjac ,mr4 
,braley of ,iowa introduced the         
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to provide for a        
refundable adoption tax credit4  #a4    
,short title ,this ,act may be cited as 
the ,adoption ,tax ,credit              
,refundability ,act of #bjac4  #b4      
,refundable adoption tax credit  7a7    
,credit made refundable  7#a7 ,credit   
moved to subpart relating to refundable 
credits ,the ,internal ,revenue ,code of
 #aihf is amended--  7,a7 by            
redesignating section #bc as section    
#cf;,c1 and  7,b7 by moving section     
#cf;,c 7as so redesignated7 from subpart
 ,a of part ,,iv of subchapter ,a of    
chapter #a to the location immediately  
before section #cg in subpart ,c of part
 ,,iv of subchapter ,a of chapter #a4   
7#b7 ,conforming ,amendments  7,a7      

,section #bd7;b77#c77;,b7 of such ,code 
is amended by striking #bc14  7,b7      
,section #be7;e77#a77;,c7 of such ,code 
is amended by striking #bc1 both places 
it appears4  7,c7 ,section              
#be;,a7i77#e77;,b7 of such ,code is     
amended by striking #bc1 #be;,d1 and    
inserting #be;,d4  7,d7 ,section        
#be;,b7g77#b7 of such ,code is amended  
by striking #bc14  7,e7 ,section        
#bf7;a77#a7 of such ,code is amended by 
striking #bc14  7,f7 ,section           
#cj7;c77#b77;,b77ii7 of such ,code is   
amended by striking #bc1 #be;,d1 and    
inserting #be;,d4  7,g7 ,section        
#cj;,b7g77#b77;,b77ii7 of such ,code is 
amended by striking #bc14  7,h7 ,section
 #cj;,d7c77#b77;,b77ii7 of such ,code is
 amended by striking sections #bc and   
and inserting section4  7,i7 ,section   
#cf;,c of such ,code1 as so             
redesignated1 is amended--  7i7 in      
subsection 7b77#b77;,a71 by striking    
7determined without regard to subsection
 7c771  7ii7 by striking subsection 7c71

 and  7iii7 by redesignating subsections
 7d7 through 7i7 as subsections 7c7     
through 7h71 respectively4  7,j7        
,section #acg of such ,code is amended--
  7i7 in subsection 7d71 by striking    
section #bc7;d7 and inserting section   
#cf;,c7c71 and  7ii7 in subsection 7e71 
by striking subsections 7e71 7f71 and   
7g7 of section #bc and inserting        
subsections 7d71 7e71 and 7f7 of section
 #cf;,c4  7,k7 ,section #ijd7;i7 of such
 ,code is amended by striking #bc14     
7,l7 ,section #ajaf7;a77#bf7 is amended 
by striking #bc7;g7 and inserting       
#cf;,c7f74  7,m7 ,section               
#adjj;,c7d77#b7 of such ,code is amended
 by striking #bc14  7,n7 ,section       
#fbaa7;b77#d77;,a7 of such ,code is     
amended by inserting #cf;,c1 before     
#ec7;e74  7,o7 ,the table of sections   
for subpart ,a of part ,,iv of          
subchapter ,a of chapter #a of such     
,code of #aihf is amended by striking   
the item relating to section #bc4  7,p7 
,paragraph 7#b7 of section #acbd7;b7 of 

title #ca1 ,united ,states ,code1 as    
amended by this ,act1 is amended by     
inserting #cf;,c1 after #cf;,b14  7,q7  
,the table of sections for subpart ,c of
 part ,,iv of subchapter ,a of chapter  
#a of the ,internal ,revenue ,code of   
#aihf1 as amended by this ,act1 is      
amended by inserting after the item     
relating to section #cf;,b the following
 new item3  ,sec4 #cf;,c4 ,adoption     
expenses4  7b7 ,effective date ,the     
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjab4