Bill > S2064

This bill proposes to establish a tax credit for individuals who donate a qualified life-saving organ during a taxable year. The tax credit would cover various expenses associated with organ donation, including medical costs, travel and lodging expenses, logistical costs, legal paperwork, and lost wages. The credit would be limited to $5,000 and applies to donations of organs such as kidneys, livers, lungs, pancreas, intestines, bone marrow, or parts of these organs. Specifically, the bill amends Section 6 of Chapter 62 of the General Laws to add this new tax credit provision, which would allow donors to claim a credit against their state income tax for the expenses and financial impact incurred as a result of their organ donation. The goal of this legislation appears to be to provide financial support and incentives for individuals willing to donate life-saving organs, potentially helping to address organ donation shortages by offsetting the personal economic burden of the donation process.

Budget and Finance

https://malegislature.gov/Bills/194/S2064