TX HB5618

Creates a new franchise tax credit for businesses that pay or reimburse employees' expenses related to organ donation or recovery from an organ donation procedure

Allows the tax credit for businesses that provide paid leave to employees for donating an organ or recovering from a donation procedure that occurred within the preceding five years

Credit amount equals the total expenses paid/reimbursed plus the value of paid leave provided, but cannot exceed the franchise tax owed after other credits are applied

Credits cannot be transferred to another entity unless substantially all business assets are transferred in the same transaction

Takes effect January 1, 2026, and applies to franchise tax reports originally due on or after that date