H.R.3434 - Americans Saving Through Health Research Bonds Act of 2007

To provide for the issuance of bonds for the benefit of the National Institutes of Health. view all titles (2)

All Bill Titles

  • Short: Americans Saving Through Health Research Bonds Act of 2007 as introduced.
  • Official: To provide for the issuance of bonds for the benefit of the National Institutes of Health. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
08/03/07
 
 
 
 
 
 
 

Official Summary

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

Official Summary

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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