Introduced by Representatives Keogh of Burlington and Donovan of Burlington
Subject: Income taxation; deductions; expenses and lost wages; organ donors
Statement of purpose: This bill would permit an individual to claim a tax deduction for unreimbursed expenses and lost wages incurred in donating one or more human organs to another human being for human organ transplantation.
AN ACT RELATING TO A TAX DEDUCTION FOR EXPENSES INCURRED BY ORGAN DONORS
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 5823(a) is amended to read:
(a) For any taxable year, the Vermont income of a resident individual, estate, or trust is the adjusted gross income for the taxpayer for the taxable year less:
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(8) Up to $10,000.00 of unreimbursed travel and lodging expenses and lost wages incurred by the taxpayer or a dependent of the taxpayer, who donates one or more of his or her human organs to another human being for human organ transplantation. For the purposes of this subdivision, human organ transplantation means the medical procedure by which transfer of all or part of a liver, pancreas, kidney, intestine, lung, or bone marrow is made from the body of a person to the body of another person.
Sec. 2. EFFECTIVE DATE
This act shall take effect from passage and apply to taxable years beginning on and after January 1, 2005.
The Vermont General Assembly
115 State Street