Creation of Trust Fund
There is established in the Treasury of the United States a trust fund to be known as the “Patient-Centered Outcomes Research Trust Fund” (hereafter in this section referred to as the “PCORTF”), consisting of such amounts as may be appropriated or credited to such Trust Fund as provided in this section and section 9602(b).
Transfers to Fund
Appropriation
Trust Fund transfers
In addition to the amounts appropriated under paragraph (1), there shall be credited to the PCORTF the amounts transferred under section 1183 of the Social Security Act.
Limitation on transfers to PCORTF
Applicable amount defined
Trustee
The Secretary of the Treasury shall be a trustee of the PCORTF.
Expenditures from Fund
Amounts available to the Patient-Centered Outcomes Research Institute
Subject to paragraph (2), amounts in the PCORTF are available, without further appropriation, to the Patient-Centered Outcomes Research Institute established under section 1181(b) of the Social Security Act for carrying out part D of title XI of the Social Security Act (as in effect on the date of enactment of such Act).
Transfer of funds
In general
The trustee of the PCORTF shall provide for the transfer from the PCORTF of 20 percent of the amounts appropriated or credited to the PCORTF for each of fiscal years 2011 through 2029 to the Secretary of Health and Human Services to carry out section 937 of the Public Health Service Act.
Availability
Amounts transferred under subparagraph (A) shall remain available until expended.
Requirements
Net revenues
Termination
No amounts shall be available for expenditure from the PCORTF after , and any amounts in such Trust Fund after such date shall be transferred to the general fund of the Treasury.
Pub. L. 111–148, title VI, § 6301(e)(1)(A)124 Stat. 742Pub. L. 116–59, div. B, title IV, § 1403133 Stat. 1107Pub. L. 116–69, div. B, title IV, § 1403133 Stat. 1139Pub. L. 116–94, div. N, title I, § 104(a)133 Stat. 3097(Added , , ; amended , , ; , , ; , , .)
Editorial Notes
References in Text
act Aug. 14, 1935, ch. 53149 Stat. 620section 1305 of Title 42The Social Security Act, referred to in subsecs. (b)(2) and (d)(1), is , . Part D of title XI of the Act is classified generally to part D (§ 1320e et seq.) of subchapter XI of chapter 7 of Title 42, The Public Health and Welfare. Sections 1181(b) and 1183 of the Act are classified to sections 1320e(b) and 1320e–2, respectively, of Title 42. For complete classification of this Act to the Code, see and Tables.
Pub. L. 111–148The date of enactment of such Act, referred to in subsec. (d)(1), probably means the date of enactment of , which enacted part D of title XI of the Social Security Act and was approved .
section 299b–37 of Title 42Section 937 of the Public Health Service Act, referred to in subsec. (d)(2)(A), (C), is classified to , The Public Health and Welfare.
Prior Provisions
Pub. L. 102–240, title VIII, § 8003(a)105 Stat. 2205Pub. L. 105–130, § 9(c)111 Stat. 2561Pub. L. 105–178, title IX, § 9011(a)112 Stat. 508A prior section 9511, added , , ; amended , , , related to National Recreational Trails Trust Fund, prior to repeal by , , .
Amendments
Pub. L. 116–94, § 104(a)(1)(A)(ii)2019—Subsec. (b)(1). , substituted “(E)(ii), and (F)(ii)” for “and (E)(ii)” in concluding provisions.
Pub. L. 116–94, § 104(a)(1)(A)(i)Subsec. (b)(1)(F). , added subpar. (F).
Pub. L. 116–94, § 104(a)(1)(B)Subsec. (b)(4). , added par. (4).
Pub. L. 116–94, § 104(a)(2)Subsec. (d)(2)(A). , substituted “2029” for “2019”.
Pub. L. 116–94, § 104(a)(3)Subsec. (f). , substituted “” for “”.
Pub. L. 116–69 substituted “December 20” for “November 21”.
Pub. L. 116–59 substituted “November 21” for “September 30”.