Living Organ Donor Tax Credit Act of 2023
If enacted, HB 6171 would amend the Internal Revenue Code of 1986 by introducing section 36C, establishing specific tax relief for organ donors. The credit would be limited to a maximum of $5,000 per donor per taxable year, and the bill outlines clearly that it applies only to living donors, emphasizing the legal and procedural reliability of the donation process. Moreover, to qualify, the donation and transplantation must comply with U.S. laws. This measure aims to streamline access to organ donation and make it a more appealing option for potential donors.
House Bill 6171, known as the Living Organ Donor Tax Credit Act of 2023, aims to encourage organ donation by providing tax incentives to individuals who donate certain life-saving organs. The bill proposes a refundable tax credit, which can cover various costs associated with organ donation, such as medical expenses, transportation, lodging, and any lost wages incurred due to the donation process. This initiative seeks to alleviate the financial burdens that potential donors may face, thereby promoting more organ donations within the United States.
Notable points of contention may arise regarding the parameters set within the bill, particularly the limitations on the tax credit and the definition of a qualified life-saving organ. Critics may express concerns over ethical implications and the potential commercialization of organ donation, questioning whether such financial incentives could influence individuals' decisions about their health and welfare. Additionally, there could be broader discussions about the impacts this bill might have on organ donation rates nationally and the existing healthcare system's structure regarding donations.