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S.B. 31

This document includes House Floor Amendments incorporated into the bill on Wed, Mar 13, 2013 at 9:04 AM by lerror. -->              1     

SPECIAL NEEDS ADOPTION TAX CREDIT

             2     
2013 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Wayne A. Harper

             5     
House Sponsor: Jennifer M. Seelig

             6     

             7      LONG TITLE
             8      Committee Note:
             9          The Revenue and Taxation Interim Committee recommended this bill.
             10      General Description:
             11          This bill amends the Refundable Tax Credit Act to address a tax credit for the adoption
             12      of a child who has a special need.
             13      Highlighted Provisions:
             14          This bill:
             15          .    modifies the refundable income tax credit for the adoption of a child who has a
             16      special need; and
             17          .    makes technical and conforming changes.
             18      Money Appropriated in this Bill:
             19          None
             20      Other Special Clauses:
             21          This bill has retrospective operation for a taxable year beginning on or after January 1,
             22      2013.
             23      Utah Code Sections Affected:
             24      AMENDS:
             25          59-10-1104, as renumbered and amended by Laws of Utah 2006, Chapter 223
             26     

             27      Be it enacted by the Legislature of the state of Utah:



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House Floor Amendments 3-13-2013 le/rlr
             28          Section 1. Section 59-10-1104 is amended to read:
             29           59-10-1104. Tax credit for adoption of a child who has a special need.
             30          (1) As used in this section, a "child who has a special need" means a child who meets
             31      at least one of the following conditions:
             32          (a) the child is five years of age or older;
             33          (b) the child:
             34          (i) is under the age of 18; and
             35          (ii) has a physical, emotional, or mental disability; or
             36          (c) the child is a member of a sibling group placed together for adoption.
             37          (2) H. (a) .H [For taxable years beginning on or after January 1, 2005] Subject
             37a      to the other
             38      provisions of this section, a claimant who adopts [in this state] a child who has a special need
             39      may claim a refundable tax credit of $1,000:
             40           H. [ (a) ] (i) .H for H. [ each ] a .H child who has a special need who the
             40a      claimant adopts;
             41           H. [ (b) ] (ii) .H on the claimant's individual income tax return for the taxable year
             41a      [a refundable tax
             42      credit of $1,000]; and
             43           H. [ (c) ] (iii) .H against taxes otherwise due under this chapter [for:].
             44          [(a) adoptions for which a court issues an order granting the adoption on or after
             45      January 1, 2005;]
             46          [(b) the taxable year during which a court issues an order granting the adoption; and]
             47          [(c) each child who has a special need whom the claimant adopts.]
             47a      H. (b) A tax credit under this section may not exceed $1,000 per return for a
             47b      taxable year. .H
             48          (3) For a claimant to qualify for the tax credit described in Subsection (2) for an
             49      adoption:
             50          (a) the order that grants the adoption shall be issued:
             51          (i) on or after January 1, 2013; and
             52          (ii) by:
             53          (A) a court of competent jurisdiction of this state or another state; or
             54          (B) a foreign country;
             55          (b) the claimant shall be a resident of this state on the date the order described in
             56      Subsection (3)(a) is issued; and


             57          (c) for an adoption made by a foreign country, the adoption shall be registered in
             58      accordance with Section 78B-6-142 .



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             59
         (4) (a) For an adoption for which a court of competent jurisdiction of this state or
             60      another state issues the order described in Subsection (3)(a), a claimant may claim a tax credit
             61      for the taxable year for which the adoption order becomes final.
             62          (b) For an adoption for which a foreign country issues the order described in
             63      Subsection (3)(a), a claimant may claim a tax credit for the taxable year for which a court of
             64      competent jurisdiction in this state orders the state registrar to file the adoption order issued by
             65      the foreign country.
             66          [(3)] (5) The credit provided for in this section may not be carried forward or carried
             67      back.
             68          [(4)] (6) Nothing in this section shall affect the ability of any claimant who adopts a
             69      child who has a special need to receive adoption assistance under Section 62A-4a-907 .
             70          Section 2. Retrospective operation.
             71          This bill has retrospective operation for a taxable year beginning on or after January 1,
             72      2013.





Legislative Review Note
    as of 12-7-12 10:38 AM


Office of Legislative Research and General Counsel


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