This bill proposes the creation of 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 not engaging in or referring for abortions. The bill outlines that taxpayers can receive an income 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 establish necessary rules for implementation and specifies that the provisions will take effect for tax years beginning on or after January 1, 2025. This legislation aims to incentivize support for organizations that assist individuals in crisis pregnancies while maintaining a clear stance against abortion-related services.