H. R. 7912, also known as the “Fight for Siblings Act of 2024,” aims to modify the Internal Revenue Code of 1986 to provide further financial support for families adopting siblings. The bill proposes to increase the maximum amount a taxpayer can claim for adoption expenses...
Simple Explanation
H. R. 7912 wants to help families that adopt brothers and sisters by giving them more money back on their taxes—kind of like getting a bigger prize—for adopting two siblings at the same time. This is to make it easier for families to adopt siblings who would like to stay together.