The proposed bill aims to establish a tax credit for individuals who make contributions to pregnancy help organizations in Arkansas. It introduces a new section to the Arkansas Code, defining "contribution" as donations of cash, stock, bonds, or real property, and specifies that a "pregnancy help organization" must provide services to individuals facing unintended pregnancies without performing or referring for abortions. The bill outlines that taxpayers can claim a tax credit equal to 50% of their contributions to such organizations during the tax year, with the credit limited to the amount of income tax owed.

Additionally, the bill allows the Department of Finance and Administration to create necessary rules for its implementation and specifies that the tax credit will be effective for tax years starting on or after January 1, 2025. This legislation is designed to encourage financial support for organizations that assist pregnant women in choosing to give birth, while ensuring that these organizations do not engage in abortion-related activities.