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Alzheimer's Research and Caregiving Trust Fund: New Support Opportunities

This act establishes a new fund where citizens can voluntarily contribute money when filing their taxes. Half of the collected funds will go towards Alzheimer's disease research, and the other half will support educational, counseling, and caregiving services for patients, their families, and caregivers. This allows everyone to contribute to fighting the disease and improving the lives of those affected.
Key points
Option to voluntarily contribute money to the Alzheimer's Fund when filing taxes.
50% of the fund's resources allocated to research on treating and curing Alzheimer's disease.
50% of the fund's resources for educational, counseling, and supportive services for patients and their families.
Changes apply to tax years ending after December 31, 2021.
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Additional Information
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.
Print number: HR 3880
Sponsor: Rep. Suozzi, Thomas R. [D-NY-3]
Process start date: 2021-06-14