The Tribal Adoption Parity Act (S. 757) aims to amend the Internal Revenue Code of 1986. It proposes that Indian tribal governments should be recognized for determining if a child has special needs under the adoption credit. This change would apply to taxable years starting...
Simple Explanation
The Tribal Adoption Parity Act (S. 757) wants to change the rules so that tribal governments can help decide if a child needs extra special care to get an adoption tax credit. This means that if the law passes, people could get extra help for adopting special needs children from tribal communities.