Beach Bill to Allow Tax Deduction for Organ, Bone Marrow Donation Costs Clears Committee

Beach Bill to Allow Tax Deduction for Organ, Bone Marrow Donation Costs Clears Committee

 

Trenton – Legislation sponsored by Senator Jim Beach, which would allow taxpayers to deduct unreimbursed expenses incurred during organ or bone marrow donation, was released from the Senate Budget and Appropriations Committee today.

 

“There are countless organizations across the country working to connect those in need of an organ or bone marrow transplant with individuals willing to donate. Unfortunately, it can be costly for those who choose to donate,” said Senator Beach (D-Burlington/Camden). “Things like travel and accommodations can add up, and the process can require significant time away from work. With over 100,000 people awaiting transplants, we should be doing all that we can to facilitate lifesaving donations.”

 

The bill, S-4188, is designated “Lindsay’s Law” in honor of Lindsay Clark, a kidney donor from Pine Hill, New Jersey.

 

Under the bill, S-4188, taxpayers could deduct up to $10,000 of unreimbursed expenses incurred for their own, or a dependent’s, organ or bone marrow donation. In addition, employers of donors would be granted a tax credit equal to 25 percent of the donor’s salary during the time missed, for up to 30 days or work.

 

The bill would grant all state and local government employees, including public school employees, a leave of absence with pay for donating an organ or bone barrow.

 

The bill was released from committee by a vote of 12-0 and next heads to the full Senate for further consideration.

 

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