H.R. 5559: Independent Health Record Bank Act of 2006

109th Congress · introduced 2006-06-08 · Health · Latest: Referred to the Subcommittee on Health.

federal

Follow this bill, step by step

Where it came from: introduced 2006-06-08 · official record
Who proposed it: Rep. Ryan, Paul [R-WI-1] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Health. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Independent Health Record Bank Act of 2006

Plain summary

Independent Health Record Bank Act of 2006 - Requires the Board of Governors of the Federal Reserve System to prescribe standards for the establishment and certification of independent health record banks to store individual electronic health records. Gives an individual ownership over his/her entire health record with the right to review its contents at any time during normal business hours. Allows a bank to generate revenue through the sale of nonidentifiable and partially identifiable health information contained in the bank for research purposes, but requires that such revenue be shared with account holders and allows such revenue to be shared with health care providers and payers. Excludes any such revenue from the gross income of the bank, account holder, or health care provider or payer. Requires prior authorization by an individual before access can be given to his/her electronic health record. Permits access to a limited, authenticated information set concerning an individual for emergency response purposes without the individual's prior consent. Requires the Board of Governors, acting through the Under Secretary for Technology or other appropriate official, to: (1) develop a program to certify entities to operate independent health record banks; and (2) establish an interagency council to develop standards for federal security auditing for entities operating banks. Imposes fines and/or imprisonment for the wrongful disclosure of information collected, maintained, or made available by a record bank. Amends the Internal Revenue Code to allow a tax deduction for the cost paid by a taxpayer to maintain an independent health record bank account.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Independent Health Record Bank Act of 2006

Source: Congressional Research Service summary (Introduced in House)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Ryan, Paul [R-WI-1] · 5 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Pete Sessions (R-TX), Sam Graves (R-MO)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-109hr5559.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/109/hr>

Record fed-us-cong109-hr5559 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109