Taxpayers' Cancer Research Funding Act of 2013

To amend the Internal Revenue Code of 1986 to establish and provide a checkoff for a Breast and Prostate Cancer Research Fund, and for other purposes. 1. Short title This Act may be cited as the Taxpayers’ Cancer Research Funding Act of 2013 2. Designation of income tax payments to Breast and Prostate Cancer Research 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: IX Designation of income tax payments to Breast and Prostate Cancer Research Fund Sec. 6098. Designation to Breast and Prostate Cancer Research Fund. 6098. Designation to Breast and Prostate Cancer Research Fund (a) In general Every individual (other than a nonresident alien) whose adjusted income tax liability for the taxable year is $5 or more may designate that $5 shall be paid over to the Breast and Prostate Cancer Research Fund in accordance with the provisions of section 9512. In the case of a joint return of husband and wife having an adjusted income tax liability of $10 or more, each spouse may designate that $5 shall be paid to the fund. (b) Adjusted income tax liability For purposes of subsection (a), the term adjusted income tax liability (1) the income tax liability (as defined in section 6096(b)) of the individual for the taxable year, over (2) any amount designated by the individual (and, in the case of a joint return, any amount designated by the individual’s spouse) under section 6096(a) for such taxable year. (c) Manner and time of designation A designation under subsection (a) may be made with respect to any taxable year— (1) at the time of filing the return of the tax imposed by chapter 1 for such taxable year, or (2) at any other time (after the time of filing the return of the tax imposed by chapter 1 for such taxable year) specified in regulations prescribed by the Secretary. Such designation shall be made in such manner as the Secretary prescribes by regulations except that, if such designation is made at the time of filing the return of the tax imposed by chapter 1 for such taxable year, such designation shall be made either on the first page of the return or on the page bearing the taxpayer’s signature. . (b) Breast and Prostate Cancer Research Fund Subchapter A of chapter 98 of such Code is amended by adding at the end the following new section: 9512. Breast and Prostate Cancer Research Fund (a) Creation of trust fund There is established in the Treasury of the United States a trust fund to be known as the Breast and Prostate Cancer Research Fund (b) Transfers to trust fund There are hereby appropriated to the Breast and Prostate Cancer Research Fund amounts equivalent to the amounts designated under section 6098. (c) Expenditures Amounts in the Breast and Prostate Cancer Research Fund shall be available, as provided in appropriation Acts, for purposes of making qualified research grants, to the extent that such amounts exceed the aggregate of all Federal administrative costs attributable to the implementation of section 6098, subsections (a) and (b) of this section, and (with respect to such fund) section 9602. Such amounts shall be used to supplement, not supplant, existing funding for research with respect to breast and prostate cancer. (d) Qualified research grants (1) In general For purposes of subsection (c), the term qualified research grant (2) Qualified peer review For purposes of paragraph (1), the term qualified peer review Public Health Service Act . (c) Clerical amendments (1) The table of parts for subchapter A of chapter 61 of such Code is amended by adding at the end the following new item: Part IX. Designation of Income Tax Payments to Breast and Prostate Cancer Research Fund . (2) 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. Breast and Prostate Cancer Research Fund. . (d) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.

Summary: Taxpayers' Cancer Research Funding Act of 2013 - Amends the Internal Revenue Code to allow taxpayers to designate on their tax returns a $5 contribution to the Breast and Prostate Cancer Research Fund ($10 for joint returns). Establishes in the Treasury the Breast and Prostate Cancer Research Fund to award grants for breast or prostate cancer research.