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.
Bill: S.2101 | Sponsor: Sen. Blumenthal, Richard (D-CT)
Policy area: Taxation

Summary:
This bill establishes the Alzheimer's Research and Caregiving Trust Fund to pay for research regarding the treatment or cure of Alzheimer's disease and for education, counseling, respite, and other supportive services for individuals with Alzheimer's disease and their families, caregivers, and health care professionals.
The bill allows taxpayers an election to contribute a whole dollar amount to the trust fund when they file their tax returns.

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 
credited 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.--
            ``(1) In general.--Subject to paragraph (2), amounts in the 
        Trust Fund shall be available, without further appropriation, 
        as follows:
                    ``(A) 50 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.
                    ``(B) 50 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 
                their families, caregivers, and health care 
                professionals.
            ``(2) Additional funding.--The amounts made available under 
        paragraph (1) shall be--
                    ``(A) in addition to any other amounts appropriated 
                to the National Institutes of Health or the 
                Administration on Aging for any purposes described in 
                such paragraph under any other provisions of law, and
                    ``(B) used to supplement and not supplant such 
                other amounts.''.
    (b) Clerical Amendment.--The table of sections for subchapter A of 
chapter 98 of the Internal Revenue Code of 1986 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 subchapter A of 
chapter 61 of the Internal Revenue Code of 1986 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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