0
Pregnancy Center Support Act of 2024
2/2/2024, 1:45 PM
Summary of Bill S 3610
The bill aims to allocate funding to pregnancy centers that offer services such as counseling, education, and material assistance to pregnant women. These centers often provide support to women facing unplanned pregnancies and help them explore their options, including parenting, adoption, and abortion.
Additionally, the Pregnancy Center Support Act of 2024 seeks to ensure that these centers are equipped to provide accurate and up-to-date information to women seeking their services. This includes training staff members on how to provide non-biased information and referrals to medical professionals when necessary. Overall, the goal of this legislation is to support pregnancy centers in their mission to assist women during a vulnerable time in their lives and provide them with the resources they need to make informed decisions about their pregnancies. The bill is currently under review in Congress, and its impact on pregnancy centers and the women they serve remains to be seen.
Congressional Summary of S 3610
Pregnancy Center Support Act of 2024
This bill establishes a nonrefundable tax credit for contributions made to qualifying pregnancy centers. The amount of the credit is 50% of the contributions made by the taxpayer up to $10,000 per year (or $20,000 for joint filers) to a tax-exempt organization whose primary function is the operation of one or more qualified pregnancy centers.
A qualifying pregnancy center is a facility that primarily provides assistance to women and families of unplanned pregnancies and encourages those women and families to carry their pregnancy to term, rather than choosing an abortion. The facility may not provide child births, perform abortions, or counsel in favor of abortions.
For taxpayers that itemize their deductions on their tax return, contributions to a qualifying pregnancy center may not be counted both for this credit and the charitable contribution deduction.
The amount of the tax credit that exceeds the individual’s tax liability for the tax year may be carried forward for up to five years. For businesses, the contribution amount is included in the calculation of the general business tax credit.
