S. 2115Senate113th Congress (2013-2015)In Committee

American Cures Act

Introduced March 12, 2014

Legislative Activity

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SenateIntro Referral Latest Action

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S1586-1587)

March 12, 2014

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SenateIntro Referral

Introduced in Senate

March 12, 2014

SenateIntro Referral

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S1586-1587)

March 12, 2014

Floor Debate

2 members

What members said about S. 2115 on the floor

1 Republican1 Democrat
John McCain
Sen. John McCainR-AZ · Mar 12, 2014

Mr. President, I am please to introduce legislation that would reauthorize the Yuma Crossing National Heritage Area located in Yuma, AZ. A companion bill is being introduced in the House of…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Mar 12, 2014

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Mar 12, 2014

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

Latest available legislative text

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Introduced in SenateIssued March 12, 2014

II

113th CONGRESS

2d Session

S. 2115

IN THE SENATE OF THE UNITED STATES

March 12, 2014

Mr. Durbin (for himself, Mr. Reed, Ms. Hirono, Mr. Brown, Mrs. Feinstein, Mr. Markey, Mr. Casey, Mr. Cardin, Mrs. Boxer, and Mrs. Hagan) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions

A BILL

To provide for the establishment of a fund to provide for an expanded and sustained national investment in biomedical research.

1.

Short title

This Act may be cited as the American Cures Act.

2.

Biomedical Research Fund

(a)

Purpose

It is the purpose of this section to establish a Biomedical Research Fund (referred to in this section as the Fund), to be administered by the Secretary of the Treasury, to provide for an expanded and sustained national investment in biomedical research through the programs and agencies described in subsection (b)(2).

(b)

Use of fund

(1)

In general

For each fiscal year, amounts shall be transferred from the Fund to the accounts related to the programs and agencies described in paragraph (2) to ensure that funding for such programs and agencies for such fiscal year does not fall below 105 percent of the level of funding provided for the fiscal year immediately preceding the fiscal year for which the determination is being made and an additional amount to account for any increases in the Gross Domestic Product for the year involved.

(2)

Agencies

The programs and agencies described in this paragraph are the following:

(A)

The National Institutes of Health.

(B)

The Centers for Disease Control and Prevention.

(C)

The Department of Defense health program.

(D)

The medical and prosthetics research program of the Department of Veterans Affairs.

(c)

Minimum continued funding requirement

Amounts appropriated for each of the programs and agencies described in subsection (b)(2) for a fiscal year shall not be less than the amounts appropriated for such programs and agencies for fiscal year 2014.

(d)

Funding

There are hereby authorized to be appropriated, and appropriated, to the Fund, out of any monies in the Treasury not otherwise appropriated, such sums as may be necessary in each fiscal year to enable the transfers to be made in accordance with subsection (b)(1).

(e)

Transfer authority

The Committee on Appropriations of the Senate and the Committee on Appropriations of the House of Representatives may provide for the transfer of funds in the Fund to eligible programs and agencies under this section, subject to subsection (b).

(f)

Exemption of certain payments from sequestration

(1)

In general

Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act (2 U.S.C. 905(g)(1)(A)) is amended by inserting after Advances to the Unemployment Trust Fund and Other Funds (16–0327–0–1–600). the following:

Biomedical Research Fund.

.

(2)

Applicability

The amendment made by this section shall apply to any sequestration order issued under the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 900 et seq.) on or after the date of enactment of this Act.