To require certain civil penalties to be transferred to a fund through which amounts are made available for the Gabriella Miller Kids First Pediatric Research Program at the National Institutes of Health, and for other purposes.
Sponsors
Legislative Progress
ReportedReported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Reported by Mr. Sanders, with an amendment and an amendment …
Summary
What This Bill Does
Requires SEC civil penalties from drug, device, dietary supplement, and cosmetic companies for Foreign Corrupt Practices Act violations to be transferred to the Pediatric Research Initiative Fund.
Who Benefits and How
Pediatric research receives dedicated funding stream. Children benefit from medical research advances. FCPA enforcement contributes to child health.
Who Bears the Burden and How
Drug and cosmetic companies face penalty transfers to research. SEC enforcement tied to pediatric funding. General Treasury receives less penalty revenue.
Key Provisions
- Transfers FCPA penalties from healthcare/cosmetic companies to pediatric fund
- Named after Gabriella Miller Kids First Research Act
- Applies to disgorgement, interest, and monetary sanctions
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Directs SEC penalties from drug and cosmetic companies to pediatric research fund
Policy Domains
Legislative Strategy
"Fund pediatric research from healthcare company penalties"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary"
- → Secretary of Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology