Taxpayers can designate refund dollars to cancer research
LEXINGTON, Ky. (Aug. 13, 2015) — Gov. Steve Beshear held a ceremonial signing of Senate Bill 82 today at the University of Kentucky.
The measure aims to increase research dollars designated for the study and treatment of pediatric cancer by creating a “check-the-box” option for an individual’s tax refund to be diverted to a newly created Pediatric Cancer Research Trust Fund.
The legislation was sponsored by Sen. Max Wise, of Campbellsville, whose young son is a pediatric cancer survivor. Senate Bill 82 became law June 24.
“Every child deserves to live a healthy, active life, but many children in this state—and all across the country—are battling cancer,” Beshear said. “In fact, cancer is the second leading cause of death in children. This law will help us raise more funding for research for pediatric cancer in the hope that one day we can celebrate finding a cure.”
The Pediatric Cancer Research Trust Fund will be administered by the Cabinet for Health and Family Services. A board will be established to provide additional oversight and guidance.
“As the first pediatric cancer bill to be signed into law in the Commonwealth of Kentucky, this bill is dedicated to the families who have been affected or are dealing with pediatric cancer,” Wise said. “SB82 is a testament to our republican & democrat legislators working together to do what is right for Kentucky families.”
From 2008-2012, Kentucky had approximately 200 cases each year of cancer among children up to the age of 19, according to the National Cancer Institute. The American Cancer Society, meanwhile, reports that about 10,380 children in the United States under the age of 15 will be diagnosed with cancer in 2015.
“This legislation will fuel innovative pediatric cancer research being done here at the University of Kentucky and will directly benefit some of the sickest children in the Commonwealth,” said Dr. Michael Karpf, UK executive vice president for Health Affairs. “Thanks to this bill, now all Kentuckians will have the opportunity to advance pediatric cancer research.”
The bill also allows individuals to designate a portion of their tax refund to a new trust fund to support rape crisis centers throughout Kentucky.