Indiana 2022 Regular Session

Indiana House Bill HB1146

Introduced
1/6/22  

Caption

Adoption tax credit study and evaluation.

Impact

The bill aims to enhance the support systems for adopting families in Indiana by putting a spotlight on the adoption tax credit. If enacted, it could lead to legislative changes that may increase the adoption tax credit amount, making it a more effective financial resource for families who adopt children. Furthermore, the evaluations conducted by the commission may uncover systemic issues within the current framework of support for adoptive families, possibly affecting future policies related to family law in Indiana.

Summary

House Bill 1146 requires the commission on improving the status of children in Indiana to study and evaluate issues surrounding the adoption tax credit. This entails examining the accessibility and availability of services related to adoption, the sufficiency of the tax credit, and any barriers that prevent adoptive families from utilizing this financial incentive. The commission is mandated to submit a comprehensive report of its findings and recommendations to the General Assembly by November 1, 2022.

Contention

While the bill promotes support for adoptive families, the discussion may raise concerns regarding funding allocations for the proposed studies and evaluations. Additionally, there could be debates about the effectiveness of tax credits as a tool for encouraging adoption, as some may argue that systemic issues in child welfare services and the foster care system should be prioritized instead. The effectiveness of the commission's recommendations will also depend on how strongly legislators align with proposals for increasing financial support versus spending on other child welfare initiatives.

Companion Bills

No companion bills found.

Previously Filed As

IN HB1397

Redevelopment tax credits.

IN SB0264

Economic development tax credits.

IN HB1331

School scholarship tax credits.

IN SB0281

Income tax credits.

IN HB1564

Income tax credits.

IN HB1584

Child care tax credits.

IN HB1378

Child care tax credits.

IN HB207

Adopting A Child Tax Credit

IN SB0306

Film and media production tax credit.

IN HB1458

Adoption of research animals.

Similar Bills

No similar bills found.