H.R. 3698 — Living Organ Donor Tax Credit Act

This section establishes a new nonrefundable tax credit under new IRC §36C of up to $5,000 against the tax imposed by subtitle A for living donors of a qualified life-saving organ (kidney, liver, lung, pancreas, intestine, bone marrow, or part thereof) for taxable years beginning after enactment, covering (1) transplantation costs paid by the taxpayer, (2) travel, lodging, and logistical expenses, (3) donation- and follow-up-related medical expenses, (4) paperwork or legal costs, and (5) lost wages, provided the donation and transplantation occur in the United States in accordance with U.S. law and expenses are not reimbursed. (Thus, reimbursed amounts are excluded, and the organ is not treated as donated until removed.) It also amends the Public Health Service Act to coordinate the credit with federal living organ donation grants; amends the National Organ Transplant Act to exclude the credit from constituting unlawful compensation; and makes conforming and clerical amendments, with those changes effective on enactment.