AR HB1404

Creates a 50% income tax credit for contributions made to qualifying pregnancy help organizations in Arkansas

Eligible contributions include cash, stock, bonds, other marketable securities, and real property

Qualifying pregnancy help organizations must have existed as of January 1, 2023, provide services to individuals facing unintended pregnancies, and cannot perform, prescribe, encourage, or provide referrals for abortions

Qualifying organizations include maternity homes, adoption agencies, and social services agencies providing material support to pregnant individuals

Tax credit amount cannot exceed the taxpayer's income tax liability for the year, effective for tax years beginning on or after January 1, 2025