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$50,000 Tax Credit: New Bill Aims to Boost Kidney Donations, Saving 10,000 Lives Annually!

The End Kidney Deaths Act proposes a $50,000 tax credit for donating a kidney to a stranger, aiming to address the kidney shortage, save lives, and reduce long-term healthcare costs.

End Kidney Deaths Act Offers $50,000 Tax Credit to Boost Kidney Donations and Save Lives

According to NBC Washington, lawmakers have introduced the End Kidney Deaths Act to help with the shortage of kidney donations. If the bill passes, people who donate a kidney to a stranger could receive a $10,000 tax credit each year for five years, totaling $50,000. This kidney donations plan aims to encourage more donations and could save up to 10,000 lives every year by giving kidneys to those who have been waiting for the longest.

Supporters say this plan is a cheaper option compared to the $50 billion the federal government spends each year on dialysis for over half a million people. They believe that by offering financial rewards for kidney donations, the bill could eventually save taxpayers between $10 billion and $37 billion over ten years.

READ ALSO: $30 Million Boost: Illinois Expands Film Production Tax Credit to Attract More Productions

$50,000 Tax Credit: New Bill Aims to Boost Kidney Donations, Saving 10,000 Lives Annually! (PHOTO: NBC4 Washington)

Lawmakers Aim to Pass End Kidney Deaths Act by Year-End to Cut Kidney Transplant Waitlist

The End Kidney Deaths Act is a proposed ten-year program, and lawmakers want to pass it by the end of this year. The program is meant to reduce the waitlist for kidney transplants and help people who need them.

READ ALSO: $20,000 to $1,000 Per Year: How to Turn Your Side Hustle Earnings into Passive Income – Must Know!

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