Bill > HB243

This bill creates a new nonrefundable tax credit for employers in Kentucky who provide a paid leave of absence to their employees who donate an organ or bone marrow. The credit is equal to the amount of the employee's compensation and the cost of any temporary replacement help during the leave of absence period. The bill also establishes reporting requirements for the Kentucky Department of Revenue to evaluate the effectiveness of the credit. Additionally, the bill amends existing law to add the new employers' organ and bone marrow donation tax credit to the ordering of various tax credits. Finally, the bill allows the Department of Revenue to disclose certain information about the credit to the Legislative Research Commission.