George W. Bush,
Proclamation 7493
“ Although we have made dramatic advances in encouraging adoption, we must strengthen our efforts to find a safe, loving, and permanent home for every child awaiting one. One important way to advance towards this goal is to ease the financial burden on families that adopt children. The tax relief bill that I signed into law earlier this year extends and increases the adoption tax credit for qualified expenses from $5,000 to $10,000 per child. The new law also increases the tax credit for adoptive parents of children with special needs from $6,000 to $10,000 per child, regardless of expenses. ”
