The bill, called the Pregnancy Resource Act, introduces a tax credit for voluntary cash contributions to pregnancy resource organizations. The credit amounts to a maximum of fifty percent of the taxpayer's total tax liability under certain guidelines. Eligible charitable organizations include those providing services related to pregnancy prevention, childbirth, adoption, and children's well-being. The amount of credits is limited, and organizations receiving such funds must annually certify their eligibility. The act is effective from tax years beginning after 2024 and will be repealed on December 31, 2030, unless credits have been fully claimed.