Corporate Crimes Against Health Care Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill creates loosens a appropriation, grant, loan guarantee provision: 2, adds or tightens a compliance mandate, definition change provision: 671. Unjust enrichment clawback and criminal penalty, and adds or tightens a compliance mandate provision: 672. Criminal penalty Whoever violates section 671(b) shall be imprisoned for not less than 1 year or greater than 6 years. It relies on compliance mandates, definition changes, loan guarantees, and reporting requirements. The main policy areas are Healthcare.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Creates loosens a appropriation, grant, loan guarantee provision: 2.
- Adds or tightens a compliance mandate, definition change provision: 671. Unjust enrichment clawback and criminal penalty.
- Adds or tightens a compliance mandate provision: 672. Criminal penalty Whoever violates section 671(b) shall be imprisoned for not less than 1 year or greater than 6 years.
- Adds or tightens a compliance mandate provision: 673. Civil penalty Whoever violates section 671(b) shall be subject to a civil penalty in an amount of not more than 5 times the amount of any clawback authorized under...
- Creates loosens a appropriation, grant, loan guarantee provision: 674. Clawback It shall be unlawful for any covered party to acquire from a target firm covered compensation by unjust enrichment, and any such covered...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill creates loosens a appropriation, grant, loan guarantee provision: 2, adds or tightens a compliance mandate, definition change provision: 671. Unjust enrichment clawback and criminal penalty, and adds or tightens a compliance mandate provision: 672. Criminal penalty Whoever violates section 671(b) shall be imprisoned for not less than 1 year or greater than 6 years.
Key Policy Areas
Healthcare
Primary Purpose
The bill creates loosens a appropriation, grant, loan guarantee provision: 2, adds or tightens a compliance mandate, definition change provision: 671. Unjust enrichment clawback and criminal penalty, and adds or tightens a compliance mandate provision: 672. Criminal penalty Whoever violates section 671(b) shall be imprisoned for not less than 1 year or greater than 6 years.
Policy Domains
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Ms. Warren (for herself, Mr. Blumenthal, Mr. Markey, Mr. Merkley, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
a corporation that— would be considered an investment company under section 3 of the Investment Company Act of 1940 (15 U.S.C. 80a–3) but for the application of paragraph (1) or (7) of subsection (c) of such section 3
a corporation that— would be considered an investment company under section 3 of the Investment Company Act of 1940 (15 U.S.C. 80a–3) but for the application of paragraph (1) or (7) of subsection (c) of that section
a corporation that— would be considered an investment company under section 3 of the Investment Company Act of 1940 (15 U.S.C. 80a–3) but for the application of paragraph (1) or (7) of subsection (c) of such section 3
a corporation that— would be considered an investment company under section 3 of the Investment Company Act of 1940 (15 U.S.C. 80a–3) but for the application of paragraph (1) or (7) of subsection (c) of that section
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