Bill > HB5618

This bill introduces a new franchise tax credit for businesses in Texas that support employees who donate organs by either paying or reimbursing the employee's related medical expenses or providing paid leave for organ donation and recovery. Under this legislation, taxable entities can claim a credit for expenses associated with an employee donating an organ or recovering from an organ donation procedure within the past five years. The credit amount is limited to the lesser of the total expenses and paid leave value, or the amount of franchise tax due after other credits. To claim the credit, businesses must apply with their tax report and provide requested information to the comptroller. The credit cannot be transferred to another entity unless substantially all of the entity's assets are also transferred. The bill will apply to tax reports originally due on or after January 1, 2026, and will take effect on that date, providing an incentive for businesses to support employees who choose to be organ donors by offsetting some of the potential financial burden associated with the donation process.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB5618