[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3880 Introduced in House (IH)]
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117th CONGRESS
1st Session
H. R. 3880
To amend the Internal Revenue Code of 1986 to allow for contributions
to the Alzheimer's Research and Caregiving Trust Fund, and for other
purposes.
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IN THE HOUSE OF REPRESENTATIVES
June 14, 2021
Mr. Suozzi (for himself, Mr. Fitzpatrick, Ms. Waters, Mr. Smith of New
Jersey, Mrs. Axne, Mr. Cicilline, Mr. Garamendi, Ms. Moore of
Wisconsin, Mr. O'Halleran, Mr. Raskin, Mr. Reschenthaler, Mr.
Ruppersberger, Ms. Sanchez, and Mr. Trone) introduced the following
bill; which was referred to the Committee on Ways and Means, and in
addition to the Committees on Energy and Commerce, and Education and
Labor, for a period to be subsequently determined by the Speaker, in
each case for consideration of such provisions as fall within the
jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to allow for contributions
to the Alzheimer's Research and Caregiving Trust Fund, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. ALZHEIMER'S RESEARCH AND CAREGIVING TRUST FUND.
(a) In General.--Subchapter A of chapter 98 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new section:
``SEC. 9512. ALZHEIMER'S RESEARCH AND CAREGIVING TRUST FUND.
``(a) Creation of Trust Fund.--There is established in the Treasury
of the United States a trust fund to be known as the `Alzheimer's
Research and Caregiving Trust Fund' (referred to in this section as the
`Trust Fund'), consisting of such amounts as may be appropriated or
credit to such Trust Fund as provided in this section or section
9602(b).
``(b) Transfers to Trust Fund.--There are hereby appropriated to
the Trust Fund amounts equivalent to the amounts contributed under
section 6097.
``(c) Expenditures.--Amounts in the Trust Fund shall be available,
without further appropriations, as follows:
``(1) Fifty percent to the National Institutes of Health to
conduct or support research regarding the treatment or cure of
Alzheimer's disease pursuant to the Alzheimer's Disease and
Related Dementias Research Act of 1992.
``(2) Fifty percent to the Administration on Aging for
education, counseling, respite, and other supportive services
under the Older Americans Act of 1965 for the benefit of
individuals with Alzheimer's disease and of their families,
caregivers, and health care professionals.''.
(b) Clerical Amendment.--The table of sections for subchapter A of
chapter 98 of such Code is amended by adding at the end the following
new item:
``Sec. 9512. Alzheimer's Research and Caregiving Trust Fund.''.
SEC. 2. CONTRIBUTION TO THE ALZHEIMER'S RESEARCH AND CAREGIVING TRUST
FUND.
(a) In General.--Subchapter A of chapter 61 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new part:
``PART IX--CONTRIBUTION TO THE ALZHEIMER'S RESEARCH AND CAREGIVING
TRUST FUND
``Sec. 6097. Contribution to the Alzheimer's Research and Caregiving
Trust Fund
``SEC. 6097. CONTRIBUTION TO THE ALZHEIMER'S RESEARCH AND CAREGIVING
TRUST FUND.
``Every individual may elect, at the time of filing the return of
the tax imposed by chapter 1, to contribute a whole dollar amount to be
paid over to the Alzheimer's Research and Caregiving Trust Fund.''.
(b) Clerical Amendment.--The table of parts for such subchapter A
of such Code is amended by adding at the end the following new item:
``Part IX. Contribution to the Alzheimer's Research and Caregiving
Trust Fund.''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years ending after December 31, 2021.
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