HR 1427 — To amend the Internal Revenue Code of 1986 to increase the amount of the adoption credit and to establish the in vitro fertilization expenses credit.

Summary

This bill amends the Internal Revenue Code to increase the adoption tax credit from $10,000 to $25,000 and to establish a new tax credit for in vitro fertilization (IVF) expenses. The adoption credit increase applies to all adoptions and includes children with special needs, and the credit amounts will be adjusted annually for inflation beginning in 2026. The bill creates a new tax credit that allows individuals to claim a credit for medical expenses related to in vitro fertilization for themselves or their spouse on a joint return. The credit prevents taxpayers from claiming both the IVF credit and other deductions or credits for the same expenses to avoid double-dipping. The adoption credit increase is effective for taxable years beginning after December 31, 2024, while the IVF credit is effective for expenses paid after the bill's enactment.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Rep. Mackenzie, Ryan [R-PA-7] (R-PA)

Money behind the sponsor

Top reported contributors to Ryan Mackenzie’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

SUNDANCE VACATIONS $10,400
COMMONWEALTH OF PA $9,900
STARKEY HEARING TECHNOLOGIES $9,900
WELLS FARGO ADVISORS $9,210
LEHIGH VALLEY WATER SYSTEMS $7,600

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Ryan Mackenzie → · Outside spending →

Actions (2)

Feb 18, 2025 Referred to the House Committee on Ways and Means. · house
Feb 18, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

Introduced in House · Feb 18, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

February 18, 2025

Mr. Mackenzie introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to increase the amount of the adoption credit and to establish the in vitro fertilization expenses credit.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. INCREASE IN ADOPTION CREDIT AMOUNT.

(a) In General.—

(1) Increase in credit for adoption of child with special needs.—Section 23(a)(3) of the Internal Revenue Code of 1986 is amended—

(A) in the heading, by striking “$10,000” and inserting “$25,000”, and

(B) by striking “$10,000” and inserting “$25,000”.

(2) Increase in maximum credit amount.—Section 23(b)(1) of such Code is amended by striking “$10,000” and inserting “$25,000”.

(b) Change in Base Year for Inflation Adjustment.—Section 23(h) of such Code is amended to read as follows:

“(h) Adjustments for Inflation.—

“(1) In general.—In the case of a taxable year beginning after December 31, 2025, each of the dollar amounts in subsection (a)(3) and paragraphs (1) and (2)(A)(i) of subsection (b) shall be increased by an amount equal to—

“(A) such dollar amount, multiplied by

“(B) The cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2024’ for ‘calendar year 2016’ in subparagraph (A)(ii) thereof.

“(2) Rounding.—If any amount as increased under paragraph

(1)is not a multiple of $10, such amount shall be rounded to the nearest multiple of $10.

“(3) Special rule for income limitation.—In the case of the dollar amount in subsection (b)(2)(A)(i), paragraph (1) shall be applied—

“(A) by substituting ‘2002’ for ‘2024’ in the matter preceding subparagraph (A), and

“(B) by substituting ‘calendar year 2001’ for ‘calendar year 2023’ in subparagraph (B) thereof.”.

(c) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2024.

SEC. 2. IN VITRO FERTILIZATION EXPENSES CREDIT.

(a) In General.—Part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25E the following new section:

“SEC. 25F. IN VITRO FERTILIZATION EXPENSES.

“(a) Credit Allowed.—In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter the amount of the qualified in vitro fertilization expenses paid or incurred by the taxpayer during the taxable year.

“(b) Qualified in Vitro Fertilization Expenses.—For purposes of this section, the term ‘qualified in vitro fertilization expenses’ means amounts paid or incurred for medical care (as defined in section 213(d)) relating to in vitro fertilization for the taxpayer (or the taxpayer’s spouse, in the case of a joint return).

“(c) No Double Benefit.—Any qualified in vitro fertilization expense which would (but for this subsection) be taken into account for purposes of any deduction (or any credit other than the credit allowed under this section) shall be reduced by the amount of the credit allowed under subsection (a) with respect to such expense.”.

(b) Clerical Amendment.—The table of sections for Part IV of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 25E the following new item:

“Sec. 25F. In vitro fertilization expenses.”.

(c) Effective Date.—The amendments made by this shall apply to amounts paid or incurred after the date of the enactment of this section. <all>

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