Under the provision, parents will be permitted to name unborn children as beneficiaries of 529 College Savings Plans, and be able to start saving for their unborn child’s education before the baby is born. This would be the first time the unborn child has been written into the tax code.
The provision has been attacked by pro-abortion groups such as NARAL and Planned Parenthood. Even though this law in no ways deals with abortion, the pro-abortion lobby’s ideology compels it to deny the very existence of unborn human beings in any area of the law.
By the same token, the National Right to Life Committee supports this provision because it recognizes, in at least one area of law, that unborn children are people.
Additionally, National Right to Life worked to ensure that the House bill restored the long-existing adoption tax credit, and applauds House leadership for their effort.
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