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SAVE Act of 2023

Source: Congress.gov  ·  1,698 words in original text
This bill changes the Defense Production Act of 1950 to allow the government to ensure there is enough supply of medical materials (like drugs, devices, and vaccines) that are important for national defense. The bill requires the President to create a plan to secure and protect the supply chains (the networks that get products to people) for these medical materials. ##
Companies organized under U.S. law that produce medical materials, drugs, devices, vaccines, or parts needed for medical supply chains. The President and these departments: Health and Human Services, Commerce, Homeland Security, and Defense. Congress members on certain financial and banking committees. ##
- The President must create a detailed strategy within 180 days to ensure medical materials essential to national defense are available, which includes a plan to address supply chain weaknesses and diversify where materials come from (Sec. 2(c)). - The President must submit yearly progress reports to Congress until September 30, 2027, about how the strategy is being carried out, with the option to update the strategy as needed (Sec. 2(c)). - The President can give payments to eligible companies to increase the security of supply chains if the President certifies (formally confirms) to Congress at least 30 days ahead that the payment is critical for national defense (Sec. 3). - The President must write regulations within 90 days defining what "supply chain" and "supply chain activities" mean for purposes of this law (Sec. 3). ##
The government gets new authority to use the Defense Production Act to protect medical material supply chains. Companies can now receive government payments to improve supply chain security if national defense requires it. The President must develop and report on a strategy to reduce risks that foreign governments could control important parts of America's medical supply chains. ##
The bill defines "medical materials" to include drugs, devices, and biological products (products made from living organisms) used to diagnose, cure, lessen, treat, or prevent disease that are essential to national defense. "Supply chain" and "supply chain activities" are to be defined by the President through regulations. Not specified in bill text how these terms will be defined specifically. ##
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.