,,ii #aaith ,,congress #b;d ,session ,s4 #edfi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #bc1 #bjbf ,mr4 ,tillis 7for himself and ,mr4 ,padilla7 introduced the following bill2 which was read twice and referred to the ,committee on the ,judiciary ,a ,,bill ,to establish the ,heart ,security ,foundation1 a federally chartered charitable and nonprofit corporation4 #a4 ,short title ,this ,act may be cited as the ,heart ,event ,avoidance1 ,research1 and ,treatment ,foundation ,act or the ,,heart ,foundation ,act4 #b4 ,establishment of and grant of federal charter for heart security foundation ,title ,,iv of the ,public ,health ,service ,act 7#db ,u4,s4,c4 #bha et seq47 is amended by adding at the end the following3 ,k ,heart ,security ,foundation #dii;,b4 ,establishment of and grant of ,federal charter for ,heart ,security ,foundation 7a7 ,in general ,the ,secretary1 acting through the ,director of ,,nih1 shall establish a nonprofit corporation to be known as the ,heart ,security ,foundation 7referred to in this section as the ,foundation74 ,the ,foundation shall be organized under the laws of the ,district of ,columbia and is a federally chartered corporation1 but is not an agency or instrumentality of the ,united ,states4 ,the ,foundation is fully responsible for its own obligations and liabilities4 7b7 ,purposes ,the purposes of the ,foundation are-- 7#a7 to raise and administer private capital to accelerate cardiovascular research2 7#b7 to provide targeted grant support to research institutions in the ,united ,states2 7#c7 to prioritize high-impact biomarker research linked to early-onset cardiovascular events2 7#d7 to coordinate1 if appropriate and practicable1 with the ,director of the ,centers for ,disease ,control and ,prevention for data alignment and reporting2 and 7#e7 to improve accessibility of validated research findings consistent with ,federal ethics standards4 7c7 ,board of directors 7#a7 ,in general ,the ,foundation shall have a ,board of ,directors 7referred to in this subsection as the ,board74 7#b7 ,membership 7,a7 ,in general ,the ,board shall consist of #e members to be appointed by the ,director of ,,nih1 at least #c of whom shall have demonstrated expertise in one or more of the following areas3 7i7 ,cardiovascular research4 7ii7 ,genetic biomarker science4 7iii7 ,longitudinal cohort studies4 7iv7 ,translational medicine4 7v7 ,clinical epidemiology4 7,b7 ,nonvoting member ,the ,director of ,,nih shall serve as an ex officio1 nonvoting member of the ,board4 7,c7 ,compensation ,members of the ,board shall serve without compensation1 but may receive reimbursement for reasonable travel expenses4 7#c7 ,period of appointment2 vacancies 7,a7 ,in general ,a member of the ,board shall serve for a #d-year term and may not serve more than #b consecutive terms4 7,b7 ,vacancies ,a vacancy in the ,board-- 7i7 shall not affect the powers of the ,board2 and 7ii7 shall be filled in the same manner as the original appointment4 7#d7 ,chair ,the ,director of ,,nih shall appoint the initial ,chair from among the members of the ,board4 ,the ,board shall select subsequent ,chairs from among the members of the ,board4 7#e7 ,conflicts of interest standards ,the members of the ,board shall comply with all applicable conflict of interest standards4 7#f7 ,audits ,the ,board shall ensure that annual independent financial audits are carried out with respect to the activities of the ,foundation4 7#g7 ,duties of board ,the ,board shall-- 7,a7 complete the organization of the ,foundation2 7,b7 adopt bylaws for the ,foundation that are consistent with purposes described in subsection 7b72 7,c7 appoint an executive director and such other personnel as may be necessary to enable the ,foundation to perform its duties2 and 7,d7 establish procedures for awarding grants and contracts4 7d7 ,restrictions ,the ,foundation shall not-- 7#a7 engage in political advocacy2 7#b7 fund community organizing2 7#c7 conduct lifestyle or public messaging campaigns that are unrelated to research2 or 7#d7 operate as a health care provider or insurance entity4 7e7 ,funding ,the ,foundation may-- 7#a7 accept and use private donations2 and 7#b7 apply for ,federal research grants4 7f7 ,no federal employment ,officers1 employees1 and members of the ,board of the ,foundation shall not be considered officers or employees of the ,federal ,government4 7g7 ,reports ,the ,foundation shall submit to ,congress and the ,secretary an annual report that describes-- 7#a7 funds raised during the preceding year2 7#b7 grants awarded during the preceding year2 and 7#c7 outcomes and measurable impact of research supported by the ,foundation4 7h7 ,relief ,if the ,foundation acts outside its statutory purpose1 the ,attorney ,general may seek equitable relief4 7i7 ,process for establishment of ,foundation ,the ,secretary1 acting through the ,director of ,,nih1 shall carry out such activities as are necessary to incorporate the ,foundation under the laws of the ,district of ,columbia and to otherwise provide for the establishment of the ,foundation1 including the following activities3 7#a7 ,ensuring that the articles of incorporation for the ,foundation require that the ,foundation be established and operated in accordance with this section4 7#b7 ,ensuring that the ,foundation is established as an organization that is described in section #eja7;c77#c7 of the ,internal ,revenue ,code of #aihf1 and is exempt from taxation under section #eja7;a7 of such ,code4 7#c7 ,providing for the initial operation of the ,foundation1 including providing for quarters1 equipment1 and staff4 4