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S 4183

Establishes a personal income tax credit for taxpayers who donate blood to a blood bank four or more times in a year

2025 Regular Session Introduced by Kevin Parker

Bill S 4183 offers a personal income tax credit to taxpayers who donate blood four or more times a year, boosting donations and supporting healthcare needs.

REFERRED TO BUDGET AND REVENUE
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Bill Summary · S 4183

Summary of Bill S 4183

Bill Overview

Bill Number: S 4183
Title: Establishes a personal income tax credit for taxpayers who donate blood to a blood bank four or more times in a year
Status: Referred to Budget and Revenue
Introduced: February 03, 2025
Classification: Bill

Purpose and Intent

The primary purpose of Bill S 4183 is to encourage blood donation by providing a financial incentive in the form of a personal income tax credit. By rewarding individuals who donate blood four or more times within a calendar year, the bill aims to increase the availability of blood supplies for medical use, thereby supporting healthcare systems and saving lives.

Key Provisions

  • Tax Credit Eligibility: Taxpayers who donate blood to a recognized blood bank at least four times in a year will qualify for a personal income tax credit.
  • Credit Amount: The specific amount of the tax credit has not been detailed in the current version of the bill. Further legislative discussions may clarify the financial incentive.
  • Recognition of Blood Banks: The bill specifies that only donations made to accredited blood banks will count towards eligibility for the tax credit.

Impact

  • Beneficiaries: The bill is expected to benefit:

    • Donors: Individuals who regularly donate blood, providing them with a financial incentive.
    • Healthcare Providers: Hospitals and clinics that rely on blood donations for patient care will benefit from increased blood supply.
    • Blood Banks: Organizations that collect and distribute blood will likely see an increase in donations as a result of the tax credit.

  • Public Health: By incentivizing blood donation, the bill aims to enhance public health outcomes by ensuring a stable and sufficient blood supply for medical emergencies and treatments.

Procedural Aspects

  • Current Status: As of February 3, 2025, the bill has been referred to the Budget and Revenue Committee for further consideration. This step is crucial for evaluating the financial implications of the proposed tax credit and its potential impact on state revenue.

Related Legislation

Bill S 4183 is part of a broader legislative context, with several related bills from prior sessions, including:
- S 1238
- S 3090
- S 1169
- S 6243
- S 3275
- S 4503
- S 4788
- S 5859

These related bills may provide insights into previous attempts to incentivize blood donation or similar public health initiatives.

This summary provides an overview of Bill S 4183, highlighting its intent, key provisions, and potential impacts on donors and the healthcare system. Further developments will clarify the specifics of the tax credit and its implementation.

Compiled from official sources — confirm details with the bill’s official record.

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