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Project BioShield Funding

The FY2004 Department of Homeland Security Appropriations Act. (PL 108-90) and supplement ( PL 108-106 Sec. 1201) signed by President Bush on October 1, 2003, created a discretionary reserve of $5.6 billion to fund the program through FY2013. An amount not to exceed $3.4 billion may be obligated during FY2004-2008.

Funding is available for countermeasures once production of licensable products is judged scientifically feasible. HHS will be the procuring authority.

Amounts appropriated become available only upon approval by the President.

On October 21, 2004, the President directed the Director of the Office of Management and Budget (OMB) to perform the functions vested in the President under Section 319F-2 of the Public Health Service Act.