Bill
HR 2438
HR 2438 offers a refundable tax credit to foster families, easing financial burdens and encouraging more homes for children in foster care, improving their welfare.
The Foster Care Tax Credit Act (HR 2438) aims to provide financial support to families who foster children. The bill seeks to establish a tax credit that would alleviate some of the costs associated with fostering, thereby encouraging more families to participate in the foster care system. This initiative is intended to improve the welfare of children in foster care by increasing the number of available foster homes.
The main provisions of HR 2438 include:
Establishment of a Tax Credit: The bill proposes a refundable tax credit for families who provide foster care. The specific amount of the credit will be determined based on the number of children in foster care and the associated costs of care.
Eligibility Criteria: To qualify for the tax credit, families must meet certain criteria, including:
Increased Support for Foster Families: The bill emphasizes the need for additional resources and support services for foster families, which may include training, counseling, and financial assistance.
The primary beneficiaries of HR 2438 would be:
Foster Families: Families who take in foster children will receive financial relief through the tax credit, making it more feasible for them to provide care.
Children in Foster Care: By incentivizing more families to foster, the bill aims to improve the living conditions and stability for children in the foster care system.
State and Local Governments: Increased participation in foster care may lead to changes in how state and local governments manage and fund foster care services.
Introduced: The bill was introduced in the House on March 27, 2025.
Committee Referral: Upon introduction, HR 2438 was referred to the Committee on Ways and Means and the Committee on Education and Workforce for consideration. The Speaker will determine the period for review by these committees.
The bill is sponsored by Erin Houchin as the primary sponsor, with Julie Johnson serving as a cosponsor. Their support highlights bipartisan interest in addressing the challenges faced by foster families.
The Foster Care Tax Credit Act (HR 2438) represents a significant step toward enhancing support for foster families and improving the foster care system. By providing financial incentives, the bill aims to encourage more families to open their homes to children in need, ultimately benefiting the welfare of these vulnerable children.
Compiled from official sources — confirm details with the bill’s official record.
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