A bill to amend the Internal Revenue Code of 1954 to provide that blood donations shall be considered as charitable contributions deductible from gross income.

Provides, under the Internal Revenue Code, that a donation by an individual of his own blood to a charitable organization shall be treated as a charitable contribution to such organization in an amount equal to $20 for each pint donated. Provides that such deduction shall not exceed $100 in the aggregate for any taxable year. (Amends 21 U.S.C. 170)