DE SB301

Allows Delaware resident donors to claim a tax credit of up to $10,000 per year for unreimbursed medical, travel, lodging expenses, and lost wages related to organ or bone marrow donation by the taxpayer or their dependent.

Credits can be claimed for expenses incurred in the year of transplantation or within 12 months after, with lost wages calculated net of any employer-paid time off or insurance benefits received.

Provides qualified employers a 25% tax credit on gross wages paid to employees during up to 30 days of missed work for organ or bone marrow donation, excluding wages paid as traditional paid time off.

Allows qualified employers to claim credits against corporate income tax, business license tax, and other specified taxes, with unused credits refunded as tax refunds.

Implementation occurs on January 1 following the calendar year when the Department of Finance notifies that the Integrated Revenue Administration System has been implemented for personal and corporate income tax processing.