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This bill increases the adoption tax credit to $25,000 (from $17,280 in 2025) and establishes a nonrefundable tax credit for qualified in vitro fertilization expenses. Under current law, the adoption tax credit is allowed for (1) qualified expenses incurred to adopt an eligible child up to the maximum statutory amount, or (2) the statutory maximum amount (regardless of actual expenses) if adopting an eligible child with special needs. The statutory maximum amount is $17,280 (per eligible child) in 2025, which is adjusted for inflation. Further, under current law, the adoption tax credit begins to phase out for individuals with a modified adjusted gross income exceeding $259,190 (in 2025 and adjusted for inflation), such that the tax credit completely phases out (in 2025) for individuals with a modified adjusted gross income of $299,190 or more. The bill increases the adoption tax credit statutory maximum amount to $25,000. Further, under the bill, such amount continues to be adjusted annually for inflation. Finally, under the bill, an individual is allowed a nonrefundable tax credit for expenses paid (or incurred) for medical care (e.g., treatment, insurance, and transportation) related to in vitro fertilization for the individual (or the individual’s spouse if filing a joint federal income tax return). However, an individual may not claim the in vitro fertilization tax credit and other allowed tax deductions or credits (e.g., medical expense tax deduction) for the same expen
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Full Bill Text
118 HR 1427 IH: SNAP Second Chance Act of 2023 U.S. House of Representatives 2023-03-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 118th CONGRESS 1st Session H. R. 1427 IN THE HOUSE OF REPRESENTATIVES March 7, 2023 Mr. Trone (for himself, Mr. Correa , Ms. Norton , Mr. McGovern , Mrs. Watson Coleman , and Mr. Smith of Washington ) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Food and Nutrition Act of 2008 to limit the use of business integrity and reputation factors when determining the eligibility of a retail food store or a wholesale food concern to be approved to redeem supplemental nutrition assistance program benefits. 1. Short title This Act may be cited as the SNAP Second Chance Act of 2023 . 2. Amendment Section 9(a) of the Food and Nutrition Act of 2008 ( 7 U.S.C. 2018(a) ) is amended by adding at end the following: (5) Business integrity and reputation (A) Treatment of criminal violations (i) No retail food store or wholesale food concern may be denied authorization to redeem supplemental nutrition assistance program benefits solely based on a criminal conviction. (ii) For the purpose of approving an application for authorization to redeem supplemental nutrition assistance program benefits, the Secretary may only consider a criminal offense that occurs in the 5-year period ending on the date of such application. (iii) An applicant that is convicted of a criminal offense shall not be denied authorization to redeem supplemental nutrition assistance program benefits on the basis of business integrity and reputation of the if the applicant shows sufficient mitigation or rehabilitation as determined under subparagraph (B). (B) Sufficient mitigation or rehabilitation An applicant with a criminal conviction shall not be denied authorization to redeem supplemental nutrition assistance program benefits on the basis business integrity and reputation factors if the applicant establishes sufficient mitigation or rehabilitation by providing any of the following: (i) Evidence that a period of 5 years elapsed beginning on the date of a felony conviction, the release from any correctional institution for financial fraud or deception under Federal, State, or Tribal law, and compliance with all applicable terms and conditions of probation or parole. (ii) Evidence that a period of 3 years elapsed beginning on the date of a felony conviction, the release from any correctional institution without subsequent conviction of a crime, and compliance with all terms and conditions of probation or parole. (iii) Any other evidence of mitigation or rehabilitation and of present fitness provided, including— (I) circumstances relative to the offense, including mitigating circumstances or social conditions surrounding the commission of the offense; (II) age of the person at the time the offense was committed; (III) the length of time since the offense was committed; and (IV) whether elements of the offense are directly related to the responsibilities and requirements for the redemption of the supplemental nutrition assistance program benefits. . 3. Rulemaking Not later than 180 days after the date of enactment of this Act, the Secretary shall issue rules to carry out the amendment made under this Act.
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