Bill
SD 1566
Overview: Bill Number: SD 1566, Title: An Act establishing a living organ donor tax credit, Status: House concurred, Introduced: February 27, 2025Purpose and Intent: This bill aims
Overview: Bill Number: SD 1566, Title: An Act establishing a living organ donor tax credit, Status: House concurred, Introduced: February 27, 2025
Purpose and Intent: This bill aims to encourage more individuals to become living organ donors by providing a tax credit to offset the financial burden associated with the donation process. The goal is to increase the availability of organs for transplantation and improve outcomes for those in need of life-saving organ transplants.
Key Provisions:
- Establishes a tax credit of up to $10,000 for individuals who donate a kidney, liver, or other qualifying organ while they are still alive
- Allows the tax credit to be claimed in the year the donation occurs and the following year
- Requires the donor to provide documentation from a licensed medical professional to verify the organ donation
- Directs the state's Department of Revenue to administer the tax credit program and provide guidance to potential donors
Affected Parties and Impacts: This bill would primarily benefit living organ donors, who often face lost wages, medical expenses, and other financial challenges during the donation process. Increasing the pool of available organs could also positively impact individuals waiting for transplants and improve overall public health outcomes.
Procedural and Timeline Considerations: The bill has passed the state Senate and is currently under consideration in the House. If the House concurs with the Senate version, the bill will be sent to the governor for signature. If signed into law, the tax credit program would take effect in the next tax year.
Compiled from official sources — confirm details with the bill’s official record.
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