,,ii  #aahth ,,congress  #ast ,session  
,s4 #bhie  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #ba1
 #bjbc,mr4 ,casey 7for himself1 ,mr4    
,cramer1 ,mr4 ,brown1 ,mrs4 ,capito1    
,ms4 ,duckworth1 ,mrs4 ,feinstein1 ,mr4 
,fetterman1 ,mr4 ,hawley1 ,mrs4         
,hyde-,smith1 ,mr4 ,kelly1 ,ms4         
,klobuchar1 ,mr4 ,lankford1 ,mr4 ,lujn1 
,mr4 ,risch1 ,mr4 ,rounds1 ,mr4 ,rubio1 
,mr4 ,scott of ,south ,carolina1 ,ms4   
,stabenow1 ,mr4 ,van ,hollen1 ,mr4      
,warner1 ,ms4 ,warren1 ,mr4 ,whitehouse1
 ,mr4 ,wicker1 and ,mr4 ,wyden7         
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,finance  ,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    
#bjbc4  #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              
#be7;e77#a77;,c7 of such ,code is       
amended by striking sections #bc and    
#be;,d and inserting section #be;,d4    
7,b7 ,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,c7        
,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,d7 ,section #ajaf7;a77#bf7  
of such ,code is amended by striking    
#bc7;g7 and inserting #cf;,c7f74  7,e7  
,section #fbaa7;b77#d77;,a7 of such     
,code is amended by inserting #cf;,c1   
after #cf;,b14  7,f7 ,the table of      
sections for subpart ,a of part ,,iv of 
subchapter ,a of chapter #a of such     
,code is amended by striking the item   
relating to section #bc4  7,g7          
,paragraph 7#b7 of section #acbd7;b7 of 
title #ca1 ,united ,states ,code1 is    
amended by inserting #cf;,c1 after      
#cf;,b14  7,h7 ,paragraph 7#cc7 of      
section #dga7;a7 of the ,social         
,security ,act 7#db ,u4,s4,c4 #fga7;a77 
is amended by striking section #bc and  
inserting section #cf;,c4  7,i7 ,the    
table of sections for subpart ,c of part
 ,,iv of subchapter ,a of chapter #a of 
the ,internal ,revenue ,code of #aihf is

 amended by inserting after the item    
relating to section #cf;,b the following
 new item3 ,sec4 #cf;,c4 ,adoption      
expenses44  7b7 ,third-,party affidavits
 ,section #cf;,c7h7 of the ,internal    
,revenue ,code of #aihf1 as redesignated
 and moved by subsection 7a71 is        
amended-- 7#a7 by striking such         
regulations and inserting such          
regulations and guidance1  7#b7 by      
striking including regulations which    
treat and inserting including           
regulations and guidance which-- 7#a7   
treat  1  7#c7 by striking the period at
 the end and inserting 1 and1 and  7#d7 
by adding at the end the following3     
7#b7 provide for a standardized         
third-party affidavit for purposes of   
verifying a legal adoption-- 7,a7 of a  
type with respect to which qualified    
adoption expenses may be paid or        
incurred1 or  7,b7 involving a child    
with special needs for purposes of      
subsection 7a77#c74  4  7c7 ,effective  
date ,the amendments made by this       

section shall apply to taxable years    
beginning after ,december #ca1 #bjbb4   
7d7 ,transitional rule ,to treat        
carryforward as refundable credit ,in   
the case of any excess described in     
section #bc7;c7 of the ,internal        
,revenue ,code of #aihf with respect to 
any taxpayer for the taxable year which 
precedes the first taxable year to which
 the amendments made by this section    
apply1 such excess shall be added to the
 credit allowable under section         
#cf;,c7a7 of such ,code with respect to 
such taxpayer for such first taxable    
year4