Income tax, state; qualified adoption expenses tax credit. (HB743)
Introduced By
Del. Chuck Caputo (D-Oak Hill)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; qualified adoption expenses tax credit. Provides a tax credit for individuals with qualified adoption expenses, in an amount up to $4,000, for taxable years beginning on or after January 1, 2008. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/08/2008 | Committee |
| 01/08/2008 | Prefiled and ordered printed; offered 01/09/08 084476456 |
| 01/08/2008 | Referred to Committee on Finance |
| 01/14/2008 | Impact statement from TAX (HB743) |
| 01/15/2008 | Assigned Finance sub: 3 |
| 02/12/2008 | Left in Finance |
Comments
101 supportive of this bill and your efforts. Thank you.
100% supportive of this bill and your efforts. Thank you.
Please pass this bill, it would help so many families and lead the way to others in other states.
Thank you.
This bill would assist adoptive parents and allow Virginia to remain a leader in family values.
People claim that giving life to a child is a divine miracle, and indeed it is. Choosing to adopt a child is also a miracle, wherein many hands work together to manifest God's will: that this mother, this father, and this child (whatever their respective locations and histories) come together and form the bonds of love that make a family. By passing this bill, the State of Virginia and its lawmakers have the opportunity join their hands with the many others that consummate this miracle for Virginia's adoptive families.
100% supportive. This bill strengthens and assists bringing children permanently into the love of a family. Thank you.
As an adoptive parent and chair of the board for Adoptions Together, I fully support this bill. It would be a great benefit for both domestic and international adoptions which give children a chance to have a loving family and a future.
We are blessed with adopted children. We had the good fortune of having enough money to do it. But it is very expensive, and without tax credit relief adoption is out of the reach of many loving families. Please pass this bill, and help save a child.
100% Supportive. Encouraging adoption of all children is only a start. Providing the means to support families pursuing this noble calling is a positive government function. This Bill will further support the preference for families over state-supported foster care--highly desirable.