To provide for a limitation on availability of funds for Department of Health and Human Services, National Institutes of Health Innovation Account, CURES Act for fiscal year 2024.
Source: Congress.gov ·
264 words in original text
What This Bill Does
This bill places a spending limit on a specific federal health research account. The Department of Health and Human Services cannot spend more than a set amount of money on the National Institutes of Health Innovation Account for one year.
Who It Affects
The Department of Health and Human Services and the National Institutes of Health are directly affected by this spending limit.
Key Provisions
• The Department of Health and Human Services cannot make available more than $496,000,000 for the National Institutes of Health Innovation Account, CURES Act for fiscal year 2024 (Sec. 1)
What Changes
If this bill becomes law, the National Institutes of Health Innovation Account will have a maximum spending cap that overrides any other law or authorization that might allow higher spending.
Important Definitions
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
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