Subcommittee advances pregnancy resource tax credit after mixed testimony on oversight and scope

The Senate Finance sales and income tax subcommittee advanced S.32, a proposal to create a state tax credit for donations to pregnancy resource centers and related life‑affirming organizations, after a lengthy hearing that produced both strong support and sharp concerns about oversight and the types of services eligible for the credit.

Committee staff described S.32 as creating a credit for contributions to eligible charitable organizations that are tax‑exempt under federal law (501(c)(3)) and that qualify as pregnancy resource centers. The bill requires centers to certify that no more than 20% of contributions are used for administrative purposes, to file IRS filings with the secretary of state, and to provide certain services specified in the bill. The credit would be claimed on a Department of Revenue form and could not exceed 50% of a taxpayer’s total state tax liability; unused credits may be carried forward up to five years. Aggregate…