SB1084

Pennsylvania SB1084 amends tax credit definitions and establishes a child adoption tax credit.

Pennsylvania SB1084 amends the Tax Reform Code of 1971 to redefine "tax credit" and introduces a new child adoption tax credit. The bill specifies that eligible taxpayers can claim a tax credit of up to $1,000 per adopted child, provided the child is under 18 years old at the time of adoption and is not the child of the taxpayer's spouse. The tax credit can only be claimed once per adopted child by the taxpayer or the taxpayer's spouse in the year the adoption was finalized.