The proposed bill aims to establish a tax credit for contributions made 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" is one that provides services to individuals facing unintended pregnancies, encouraging them to give birth, while explicitly prohibiting any involvement with abortion services. 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 grants the Department of Finance and Administration the authority to create necessary rules for implementation. The provisions of this act will take effect for tax years beginning on or after January 1, 2025.