[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 610 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 610

 To authorize the issuance of United States bonds to fund Alzheimer's 
                               research.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 10, 2011

 Mr. Burgess (for himself, Mr. Sessions, Mr. Fitzpatrick, Mr. King of 
  New York, Mr. McDermott, Mr. Markey, Mrs. Myrick, Mr. Smith of New 
 Jersey, Mr. Kline, Mr. Forbes, and Mr. Dold) introduced the following 
  bill; which was referred to the Committee on Ways and Means, and in 
 addition to the Committee on Energy and Commerce, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
 To authorize the issuance of United States bonds to fund Alzheimer's 
                               research.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Making Investments Now for Dementia 
Act of 2011''.

SEC. 2. AUTHORIZATION FOR THE ISSUANCE OF UNITED STATES BONDS TO FUND 
              ALZHEIMER'S RESEARCH.

    (a) Issuance of Bonds.--Section 3102 of title 31, United States 
Code, is amended by adding at the end the following:
    ``(f) Issuance of United States Alzheimer's Bonds.--
            ``(1) In general.--The Secretary may issue bonds under this 
        section to aid in the funding of Alzheimer's research. The 
        Secretary shall carry out this paragraph in consultation with 
        the Secretary of Health and Human Services and the Director of 
        the National Institutes of Health.
            ``(2) Form.--The bonds authorized by paragraph (1) shall be 
        in such form and denominations, and shall be subject to such 
        terms and conditions of issue, conversion, redemption, 
        maturation, payment, and rate of interest as the Secretary may 
        prescribe.
            ``(3) Annual report.--The Secretary, in consultation with 
        the Secretary of Health and Human Services and the Director of 
        the National Institutes of Health, shall submit an annual 
        report to the Congress describing the actions taken by the 
        Secretaries under this subsection during the year covered by 
        the report. The first such report shall describe the 
        implementation of the program under this subsection, and each 
        such report shall describe the use of funds and the status of 
        the program.''.
    (b) Use of Proceeds.--Amounts equal to the amounts received by the 
Secretary of the Treasury from the sale of bonds under section 3102(f) 
of title 31, United States Code, less amounts determined by the 
Secretary to be necessary for administration of such sales, are 
authorized to be appropriated to the Director of the National 
Institutes of Health for research under title IV of the Public Health 
Service Act and shall be used solely for Alzheimer's research.
    (c) Sense of Congress.--It is the sense of Congress that any funds 
collected pursuant to section 3102(f) of title 31, United States Code 
(as added by this Act) are in addition to yearly appropriated funds and 
not to be used to supplement current funding.
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