AR HB1299

Establishes a tax credit equal to 50% of contributions made to qualified pregnancy resource centers, with a minimum contribution of $50 and maximum annual credit of $50,000 per taxpayer.

Defines pregnancy resource centers as nonresidential facilities that provide pregnancy testing and support to encourage women to carry pregnancies to term, do not perform abortions, provide direct in-person services at no cost, and are tax-exempt under federal law.

Caps total state tax credits claimed under this program at $2,500,000 per fiscal year, distributed quarterly among classified pregnancy resource centers on a first-come, first-served basis.

Requires the Department of Human Services to classify and maintain a list of eligible pregnancy resource centers, and allows centers to certify taxpayer contributions to the Department of Finance and Administration for credit claims.

Allows unused tax credits to be carried forward for four consecutive tax years, effective for tax years beginning January 1, 2023.