Living Organ Donor Tax Credit Act of 2023

2/5/2024, 2:30 PM

Living Organ Donor Tax Credit Act of 2023

This bill establishes a refundable tax credit of up to $5,000 for expenses related to the removal and donation of all or part of a kidney, liver, lung, pancreas, intestine, or bone marrow by a living individual for transplant into another individual. 

Expenses that may be included in the calculation of this tax credit include travel, lodging, medical expenses related to donation and follow-up care, paperwork and legal costs, lost wages, and any other costs paid by the taxpayer in connection with the transplant. 

Expenses related to the transplant that are reimbursed by any person or entity (public or private) may not be included in the calculation of the credit amount.

Congress
118

Number
HR - 6171

Introduced on
2023-11-02

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

11/2/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Living Organ Donor Tax Credit Act of 2023

This bill establishes a refundable tax credit of up to $5,000 for expenses related to the removal and donation of all or part of a kidney, liver, lung, pancreas, intestine, or bone marrow by a living individual for transplant into another individual. 

Expenses that may be included in the calculation of this tax credit include travel, lodging, medical expenses related to donation and follow-up care, paperwork and legal costs, lost wages, and any other costs paid by the taxpayer in connection with the transplant. 

Expenses related to the transplant that are reimbursed by any person or entity (public or private) may not be included in the calculation of the credit amount.

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to provide a refundable credit to individuals who donate certain life-saving organs.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary11/4/2024

Living Organ Donor Tax Credit Act of 2023

This bill establishes a refundable tax credit of up to $5,000 for expenses related to the removal and donation of all or part of a kidney, liver, lung, pancreas, intestine, or bone m...


Latest Action11/3/2023
Referred to the Subcommittee on Health.