SECTION 710:50-15-67. Deduction for living organ donation

Latest version.

(a)   Oklahoma resident individuals (or their dependents) who donate one or more human organs while living, may deduct up to Ten Thousand Dollars ($10,000.00) of un-reimbursed expenses from Oklahoma adjusted gross income to arrive at Oklahoma taxable income.
(b)   "Human organs" mean all or part of a liver, pancreas, kidney, intestine, lung, or bone marrow.
(c)   The deduction is allowed only one time and may be claimed only for un-reimbursed expenses that are incurred by the individual and related to the organ donation of the individual in the taxable year in which the transplant occurs.

[Source: Added at 25 Ok Reg 2056, eff 7-1-08]

                    
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