Wright County Rep Wants To Modify Adoption Tax Credits
Republican Representative Hannah Kelly of Mountain Grove is proposing to modify Missouri’s adoption tax credit. Under current law, a person who adopts a child is eligible to receive a tax credit of up to $10,000 for nonrecurring expenses. Kelly’s proposal states that, as of July, the adoption limit would be lifted and by next year, any amount that is issued that exceeds the tax due will be refunded. Kelly tells Missourinet that, not only has she both adopted and fostered, she recognizes that the costs can be expensive…
Written testimony opposing her sponsored bill states that this is akin to the commodification of children and that the current $10,000 per year limit is already generous. The House could debate her bill at any time.