Library / Laws / 113th / s / S. 1056 / Introduced in Senate
II
113th CONGRESS
1st Session
S. 1056
IN THE SENATE OF THE UNITED STATES
May 23, 2013
Mr. Casey (for himself,
Ms. Landrieu, and
Mr. Blunt) introduced the following bill;
which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to provide for
a refundable adoption tax credit.
1.
Short
title
This Act may be cited as
the Adoption Tax Credit Refundability
Act of 2013.
2.
Refundable
adoption tax credit
(a)
Credit made
refundable
(1)
Credit moved to
subpart relating to refundable credits
The Internal Revenue Code
of 1986 is amended—
(A) by redesignating
section 23 as section 36C, and
(B) 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.
(2)
Conforming
Amendments
(A) Section
24(b)(3)(B) of such Code is amended by striking 23,.
(B) Section
25(e)(1)(C) of such Code is amended by striking 23, both places
it appears.
(C) Section
25A(i)(5)(B) of such Code is amended by striking 23, 25D, and
inserting 25D.
(D) Section 25B(g)(2)
of such Code is amended by striking 23,.
(E) Section 26(a)(1)
of such Code is amended by striking 23,.
(F) Section
30(c)(2)(B)(ii) of such Code is amended by striking 23, 25D, and
inserting 25D.
(G) Section
30B(g)(2)(B)(ii) of such Code is amended by striking 23,.
(H) Section
30D(c)(2)(B)(ii) of such Code is amended by striking sections 23
and and inserting section.
(I) Section 36C of
such Code, as so redesignated, is amended—
(i) in
subsection (b)(2)(A), by striking (determined without regard to
subsection (c)),
(ii) by
striking subsection (c), and
(iii) by
redesignating subsections (d) through (i) as subsections (c) through (h),
respectively.
(J) Section 137 of
such Code is amended—
(i) in
subsection (d), by striking section 23(d) and inserting
section 36C(c), and
(ii) in
subsection (e), by striking subsections (e), (f), and (g) of section
23 and inserting subsections (d), (e), and (f) of section
36C.
(K) Section 904(i) of
such Code is amended by striking 23,.
(L) Section
1016(a)(26) is amended by striking 23(g) and inserting
36C(f).
(M) Section
1400C(d)(2) of such Code is amended by striking 23,.
(N) Section
6211(b)(4)(A) of such Code is amended by inserting 36C, before
53(e).
(O) 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.
(P) Paragraph (2) of
section 1324(b) of title 31, United States Code, as amended by this Act, is
amended by inserting 36C, after 36B,.
(Q) 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.
(b)
Effective
date
The amendments made by this section shall apply to taxable
years beginning after December 31, 2012.