Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Family Tax Credits topic
No spam. Unsubscribe anytime.
Committee approves increase to adoption-expenses tax credit
Summary
House Bill 2610 increases the state nonrecurring adoption-expenses tax credit to 15% of qualified expenses (up to $3,000 for single filers and $6,000 for joint filers); committee passed the bill unanimously.
Get email alerts on the Family Tax Credits topic
No spam. Unsubscribe anytime.
House Bill 2610, which increases the state tax credit for nonrecurring adoption expenses, passed the Senate Revenue and Taxation Committee 10-0.
Sponsor Senator Rader summarized the core change: the credit’s maximum rate would rise to 15% for qualified adoption expenses, with caps of $3,000 for single filers and $6,000 for joint filers. Committee materials estimated no fiscal impact for fiscal year 2026 and an estimated $80,000 impact for fiscal year 2027.
"The essence of the bill is on page 2, lines 13 through 19," Rader told the committee. He moved the do-pass recommendation and yielded for questions; there were none and the committee recorded unanimous support.
With the committee recommendation, House Bill 2610 will advance toward further legislative consideration.
