The proposed bill amends the Income Tax Act of 1967 by introducing new sections that provide tax credits for employers who offer paid organ donation leave to eligible employees. Specifically, starting from tax years beginning on January 1, 2026, qualified taxpayers can claim a credit equal to 100% of the wages paid to an eligible employee during their organ donation leave, which is capped at a maximum of 12 weeks. The credit can be claimed in the tax year when the employee completes their leave, and employers may also include wages paid in the preceding tax year when calculating the credit.

Additionally, the bill defines key terms such as "eligible employee," "organ donation leave," "organ donor," "qualified taxpayer," and "wages." It stipulates that the credit cannot be refunded if it exceeds the taxpayer's liability for the year but can be carried forward for up to three years. This legislation aims to encourage employers to support organ donation by providing financial incentives for paid leave during the donation process.

Statutes affected:
Senate Introduced Bill: 206.1, 206.847