House
Aug 3, 2007

To provide for the issuance of bonds for the benefit of the National Institutes of Health.

Summary

Official

Americans Saving Through Health Research Bonds Act of 2007 - Authorizes the Secretary of the Treasury to designate one or more series of savings bonds or savings certificates for each institute of the National Institutes of Health (NIH). Requires the Secretary to: (1) deduct and withhold 10% of the amount of any interest payable under such a Health Research Bond; and (2) pay any withheld amount to the relevant NIH institute to carry out institute research activities. Terminates the program ten years after the date of enactment of this Act.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(8/3/07)
Committee
Passed House
Passed Senate
President
Law

Sponsor

SP

Mr. Pearce

(R) NM – 2

Cosponsors (4)

Topics

Latest Action

Referred to the House Committee on Ways and Means.

Aug 3, 2007