The bill amends the Temporary Disability Insurance Benefits law to establish a temporary caregiver insurance program that provides wage replacement benefits for employees who take time off to participate as a bone marrow transplant donor or a living organ donor. Key definitions are introduced, including "bone marrow transplant donor," which refers to an individual from whose body bone marrow is taken to be transferred to another person, and "living organ donor," which refers to an individual who donates all or part of an organ and is not deceased.

The bill specifies that employees can receive temporary caregiver benefits for participating as a bone marrow transplant donor or a living organ donor, covering time needed for any procedures, medical tests, and surgeries related to the donation. It allows for up to five (5) business days of recovery for bone marrow donation and up to thirty (30) business days of recovery for organ donation.

Additionally, the bill outlines the conditions under which employees can claim these benefits, including a requirement for written notice to employers and restrictions on concurrent claims for temporary caregiver and disability benefits. The act is set to take effect upon passage.