The current adoption tax credit is set to expire on December 31, 2012. If that happens, adoption may require a cost insurmountable for many American families, resulting in fewer children finding love and permanency through adoption. Although the credit remains through 2012, many families will not benefit because it is not refundable. In 2013, the credit will decrease to only $6,000 and will be available to very few adoptive families.
Congress must act now to pass legislation that will protect and extend the adoption tax credit and encourage the right of every child to grow up safe and loved in a family of their own.
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