H.R. 10093: Cancer Research Trust Fund Act

This bill would create a new Cancer Research Trust Fund in the U.S. Treasury to support cancer research. The fund would receive money equal to 10% of the gross duties collected each year on imported tobacco and tobacco substitute products. In other words, part of the money the government collects from tariffs on those imports would be set aside for cancer research.

What the fund would be used for

The Department of Health and Human Services (HHS) would use money from the fund, with coordination from the Department of Defense’s health agency, to support research and development in:

• Early cancer screening
• Cancer prevention
• Treatments
• New or innovative therapies

Research priorities

The bill says HHS should give priority to:

• Rare cancers
• Cancers affecting children

How the money would move

The Secretary of the Treasury would transfer money from the fund to HHS when requested, as long as the money is needed for the fund’s purposes. The bill does not spell out a detailed grant program or specific projects; it mainly creates the funding source and directs the money toward cancer research uses.

Relevant Companies

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