The Model State Subsidized Adoption Act, developed to supplement existing state statutes, is presented in full, with accompanying Model Regulations. The act is designed to help provide a child in special circumstances with a permanent adoptive home. When efforts to achieve placement without subsidy have failed, the Act would provide that the child be certified as eligible for subsidized adoption, under the following conditions: physical or mental disability, emotional disturbance, recognized high risk of physical or mental disease, age disadvantage, sibling relationship, racial or ethnic factors, or any combination of these conditions. It is noted that certifying the child as eligible for subsidy places emphasis on the child and his needs, rather than on the financial ability of the adoptive parents to meet those needs. The text of the Act is accompanied by a discussion of the background of subsidized adoption in the United States. A supplementary section presents a comparison of the Model Act with existing state laws. Tables are included. (Author/BF)