Income taxation: credits: blood donations.

Existing law, the Personal Income Tax Law, imposes taxes on taxable income, as provided, and allows for various credits against the "net tax," as defined. Existing law also establishes the Office of Emergency Services within the office of the Governor, which is responsible for, among other things, the state's emergency and disaster response services for specified disasters and emergencies. This bill would, for taxable years beginning on or after January 1, 2023, allow a credit against the "net tax" in the amount of $500 if the taxpayer made at least 4 donations of human whole blood or human blood components, as defined, to a specified entity. This bill would also authorize the Office of Emergency Services to enter into partnerships with private sector entities to encourage the private sector to provide meaningful incentives for individuals to make these donations. Existing law requires any bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives that the tax expenditure will achieve, detailed performance indicators, and data collection requirements. The bill also would include additional information required for any bill authorizing a new tax expenditure.