Laws: Cases and Codes : U.S. Code : Title 26 : Section 9510


   
U.S. Code as of: 01/19/04
Section 9510. Vaccine Injury Compensation Trust Fund

    (a) Creation of Trust Fund
      There is established in the Treasury of the United States a trust
    fund to be known as the "Vaccine Injury Compensation Trust Fund",
    consisting of such amounts as may be appropriated or credited to
    such Trust Fund as provided in this section or section 9602(b).
    (b) Transfers to Trust Fund
      (1) In general
        There are hereby appropriated to the Vaccine Injury
      Compensation Trust Fund amounts equivalent to the net revenues
      received in the Treasury from the tax imposed by section 4131
      (relating to tax on certain vaccines).
      (2) Net revenues
        For purposes of paragraph (1), the term "net revenues" means
      the amount estimated by the Secretary based on the excess of - 
          (A) the taxes received in the Treasury under section 4131
        (relating to tax on certain vaccines), over
          (B) the decrease in the tax imposed by chapter 1 resulting
        from the tax imposed by section 4131.
      (3) Limitation on transfers to Vaccine Injury Compensation Trust
        Fund
        No amount may be appropriated to the Vaccine Injury
      Compensation Trust Fund on and after the date of any expenditure
      from the Trust Fund which is not permitted by this section. The
      determination of whether an expenditure is so permitted shall be
      made without regard to - 
          (A) any provision of law which is not contained or referenced
        in this title or in a revenue Act, and
          (B) whether such provision of law is a subsequently enacted
        provision or directly or indirectly seeks to waive the
        application of this paragraph.
    (c) Expenditures from Trust Fund
      (1) In general
        Amounts in the Vaccine Injury Compensation Trust Fund shall be
      available, as provided in appropriation Acts, only for - 
          (A) the payment of compensation under subtitle 2 of title XXI
        of the Public Health Service Act (as in effect on October 18,
        2000) for vaccine-related injury or death with respect to any
        vaccine - 
            (i) which is administered after September 30, 1988, and
            (ii) which is a taxable vaccine (as defined in section
          4132(a)(1)) at the time compensation is paid under such
          subtitle 2, or

          (B) the payment of all expenses of administration (but not in
        excess of $9,500,000 for any fiscal year) incurred by the
        Federal Government in administering such subtitle.
      (2) Transfers for certain repayments
        (A) In general
          The Secretary shall pay from time to time from the Vaccine
        Injury Compensation Trust Fund into the general fund of the
        Treasury amounts equivalent to amounts paid under section
        4132(b) and section 6416 with respect to the taxes imposed by
        section 4131.
        (B) Transfers based on estimates
          Transfers under subparagraph (A) shall be made on the basis
        of estimates by the Secretary, and proper adjustments shall be
        made in the amounts subsequently transferred to the extent
        prior estimates were in excess of or less than the amounts
        required to be transferred.
    (d) Liability of United States limited to amount in Trust Fund
      (1) General rule
        Any claim filed against the Vaccine Injury Compensation Trust
      Fund may be paid only out of such Trust Fund.
      (2) Coordination with other provisions
        Nothing in the National Childhood Vaccine Injury Act of 1986
      (or in any amendment made by such Act) shall authorize the
      payment by the United States Government of any amount with
      respect to any such claim out of any source other than the
      Vaccine Injury Compensation Trust Fund.
      (3) Order in which unpaid claims to be paid
        If at any time the Vaccine Injury Compensation Trust Fund has
      insufficient funds to pay all of the claims out of such Trust
      Fund at such time, such claims shall, to the extent permitted
      under paragraph (1) be paid in full in the order in which they
      are finally determined.



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