Veterans Medical Research Assistance Voluntary Option Act of 2005
Summary
H.R. 1005, the Veterans Medical Research Assistance Voluntary Option Act of 2005, would allow taxpayers to donate all or a portion of their federal income tax refund to support medical research for veterans. These voluntary contributions would be directed to a newly established "Department of Veterans Affairs Medical and Prosthetic Research Gift Fund" within the U.S. Treasury. For citizens, this bill provides a direct way to fund advancements in veterans' healthcare and prosthetic technology through their annual tax filings without increasing their overall tax liability.
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