S5637-118

Introduced

To establish the Biomedical Innovation Fund, and for other purposes.

118th Congress Introduced Dec 19, 2024

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

This bill, To establish the Biomedical Innovation Fund, and for other purposes., changes federal law or congressional policy affecting health care providers and patients. The main policy domain is Healthcare, Finance, Government Operations.

Who Benefits and How

health care providers and patients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, health care providers and patients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the National Biomedical Research Act.
  • Section idab0cf436ade744ad9c7ddd4a16e8a8f3: 2. Definitions In this Act: The term discretionary appropriations has the meaning given such term in section 250 of the Balanced Budget and Emergency Deficit...
  • Section id31384282535944D8A332D3C1534B5DC3: 3. Biomedical Innovation Fund There is established in the Treasury of the United States a fund to be known as the Biomedical Innovation Fund, to be...
  • Section id3e96421933b945d4affc72ba09f1269d: 4. Budgetary provisions The Office of Management and Budget shall not include amounts distributed under section 3(c)(2) during a fiscal year in determining...
  • Section id16E1C3B6B67E4AF58B8232BB7C5E39DD: 5. Offsets It is the sense of the Senate that the amounts transferred under section 3(b) should be offset completely.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To establish the Biomedical Innovation Fund, and for other purposes., changes federal law or congressional policy affecting health care providers and patients.

Key Policy Areas

Healthcare, Finance, Government Operations

Primary Purpose

This bill, To establish the Biomedical Innovation Fund, and for other purposes., changes federal law or congressional policy affecting health care providers and patients.

Policy Domains

Healthcare Finance Government Operations

Whole bill

Identified Gains
  • health care providers and patients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
health care providers and patients: ,
Identified Costs
  • federal implementing agencies
  • health care providers and patients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
health care providers and patients: ,

Legislative Progress

Introduced
Introduced Committee Passed
Dec 19, 2024

Ms. Warren (for herself, Ms. Baldwin, Mr. Blumenthal, Mr. Booker, …

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?

Domains
Healthcare Finance Government Operations
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_health_and_human_services"
→ Secretary of Health and Human Services

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