HB 2011
individual income tax; subtraction; adoption
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends Arizona’s individual income tax laws to allow taxpayers to deduct certain expenses related to adoption. Specifically, it increases the amount that can be deducted for adoption-related costs, including counseling, legal fees, and agency fees, and provides a deduction for contributions to qualified adoption savings plans. It also includes adjustments related to retirement benefits, certain capital gains, and virtual currency airdrops.
Sponsors
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Primary sponsor
Nick Kupper
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