Wilson Reintroduces Adoption Tax Credit Legislation

FOR IMMEDIATE RELEASE
January 12, 2007

CONTACT: Kim Olive
(202) 225-2452 (Office)
(202) 420-9493 (Cell)

Wilson Introduces Adoption Tax Credit Legislation

Congressman Joe Wilson (SC-02), a member of the Congressional Coalition on Adoption, today reintroduced the “Adoption Tax Relief Guarantee Act of 2007.” This bill seeks to make permanent the $10,000 child adoption tax credit, which is set to expire in 2010.

“As the father of an adopted son, I know all too well the challenges and rewards adoption brings.

“The adoption process can be mentally and physically exhausting. Families should not be overwhelmed with financial burdens as well. We should offer incentives - not penalties - to those making this commitment.

“I am proud to sponsor this bill, which will ensure tax relief currently in place for adoptive parents becomes permanent. This legislation is necessary to promote adoption and foster the creation of happy homes.”

The “Adoption Tax Relief Guarantee Act of 2007” was introduced with 33 original cosponsors, including Ways and Means Committee Chairman Charles Rangel.

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