I 
109TH CONGRESS 
1ST SESSION H. R. 3444 
To amend the Internal Revenue Code of 1986 to provide credits against 
income tax for qualified stem cell research, the storage of qualified 
stem cells, and the donation of umbilical cord blood. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 26, 2005 
Mr. PAUL introduced the following bill; which was referred to the Committee 
on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to provide 
credits against income tax for qualified stem cell re-
search, the storage of qualified stem cells, and the dona-
tion of umbilical cord blood. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Cures Can Be Found 
Act of 2005’’. 
SEC. 2. QUALIFIED STEM CELL CREDITS. 
(a) PERSONAL CREDIT FOR QUALIFIED STEM CELL 
RESEARCH, STORAGE, AND DONATION.—Subpart A of
part IV of subchapter A of chapter 1 of the Internal Rev-
enue Code of 1986 (relating to nonrefundable personal 
credits) is amended by inserting after section 25B the fol-
lowing new section: 
‘‘SEC. 25C. QUALIFIED STEM CELL RESEARCH, STORAGE, 
AND DONATION CREDIT. 
‘‘(a) ALLOWANCE OF CREDIT.—There shall be al-
lowed as a credit against the tax imposed by this chap-
ter— 
‘‘(1) an amount equal to the qualified stem cell 
research and storage contribution paid by the tax-
payer during a taxable year, and 
‘‘(2) $2,000 for each qualified umbilical cord 
blood donation made by the taxpayer during a tax-
able year. 
‘‘(b) QUALIFIED STEM CELL RESEARCH AND STOR-
AGE CONTRIBUTION.—For purposes of this section— 
‘‘(1) IN GENERAL.—The term ‘qualified stem 
cell research and storage contribution’ means the 
amounts donated by the taxpayer to an eligible facil-
ity for the purpose of promoting qualified stem cell 
research or the storage of qualified stem cells. 
‘‘(2) QUALIFIED STEM CELL.—For purposes of 
this section, the term ‘qualified stem cell’ means a 
human stem cell obtained from a human placenta,
umbilical cord blood, an organ or tissue of a living 
or deceased human being who has been born, or an 
organ or tissue of unborn human offspring who died 
of natural causes (such as spontaneous abortion). 
‘‘(3) ELIGIBLE
FACILITY.—The term ‘eligible 
facility’ means a research institution or storage facil-
ity that does not engage in research relating to stem 
cells derived from human embryos and does not 
store stem cells derived from human embryos. 
‘‘(c) QUALIFIED UMBILICAL CORD BLOOD DONA-
TION.—For purposes of this section, the term ‘qualified 
umbilical cord blood donation’ means the donation by the 
taxpayer, on the occasion of the birth of a child of the 
taxpayer, of— 
‘‘(1) the neonatal blood remaining in the pla-
centa and umbilical cord after separation of the 
mother from the newborn baby, or 
‘‘(2) any other part of the umbilical cord. 
‘‘(d) FILING REQUIREMENTS.— 
‘‘(1) MARRIED INDIVIDUALS.—If the taxpayer 
is married at the close of the taxable year, the credit 
shall be allowed under subsection (a)(2) only if— 
‘‘(A) the taxpayer and his spouse file a 
joint return for the taxable year, or
‘‘(B) the taxpayer is the mother of the 
child referred to in subsection (c). 
‘‘(2) INDIVIDUALS WHO ARE NOT MARRIED.—If 
the taxpayer is not married at the close of the tax-
able year, the credit shall be allowed under sub-
section (a) only if the taxpayer is the mother of the 
child referred to in subsection (c). 
‘‘(3) MARITAL STATUS.—An individual legally 
separated from his spouse under a decree of divorce 
or of separate maintenance shall not be considered 
as married.’’. 
(b) BUSINESS RELATED CREDIT
FOR QUALIFIED 
RESEARCH AND STORAGE.—Subpart D of part IV of sub-
chapter 1 of such Code is amended by inserting after sec-
tion 45I the following new section: 
‘‘SEC. 45J. QUALIFIED STEM CELL RESEARCH AND STOR-
AGE CREDITS. 
‘‘(a) GENERAL RULE.—For purposes of section 38— 
‘‘(1) QUALIFIED STEM CELL RESEARCH CRED-
IT.—The qualified stem cell research credit deter-
mined under this paragraph for any taxable year is 
equal to 100 percent of the expenses paid or in-
curred by the taxpayer during the taxable year that 
are directly related to qualified stem cell research.
‘‘(2) QUALIFIED STEM CELL STORAGE CRED-
IT.—The qualified stem cell storage credit deter-
mined under this paragraph for any taxable year is 
equal to— 
‘‘(A) 50 percent of the expenses paid or in-
curred by the taxpayer during the taxable year 
to establish a storage facility for qualified stem 
cells, and 
‘‘(B) 20 percent of the expenses paid or in-
curred by the taxpayer during the taxable year 
to maintain the storage facility described in 
subparagraph (A). 
‘‘(b) LIMITATION.—With respect to a qualified stem 
cell storage facility for which an amount determined under 
subparagraph (A) of subsection (a)(2) has been allowed 
as a credit in a taxable year, the amount determined under 
such subparagraph with respect to such storage facility 
in a subsequent taxable year shall be zero. 
‘‘(c) QUALIFIED STEM CELL.—For purposes of this 
section, the term ‘qualified stem cell’ means a human stem 
cell obtained from a human placenta, umbilical cord blood, 
an organ or tissue of a living or deceased human being 
who has been born, or an organ or tissue of unborn human 
offspring who died of natural causes (such as spontaneous 
abortion).’’.