To amend the Internal Revenue Code of 1986 to allow taxpayers to designate any portion of their income tax overpayments, and to make other contributions, for the benefit of victims of the terrorist attacks on September 11, 2001, and for counter-terrorism efforts.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit a taxpayer to designate into the Terrorism Relief and Counter-Terrorism Trust Fund: (1) a specified portion (but not less than $1) of any overpayment of tax for such taxable year; and (2) any cash contribution which the taxpayer includes with a tax return. Establishes such fund and permits expenditures for: (1) providing assistance to the victims of the terrorists attacks against the United States on September 11, 2001, and to the families of such victims; and (2) making expenditures for counter-terrorism efforts by the United States.…