Clinical Trial Modernization Act

This bill aims to increase participation in clinical trials among underrepresented populations - including racial/ethnic minorities, rural residents, and other historically excluded groups - by addressing financial and logistical barriers. It creates federal grants to fund community outreach, training for diverse clinical trial staff, and partnerships with community organizations. The bill also allows sponsors to cover participants' out-of-pocket costs (like travel and meals) and provide necessary digital tools without violating fraud laws, while making such payments tax-free up to $2,000 per year. These changes directly affect drug/device manufacturers, clinical trial sites, and underserved communities seeking equitable access to medical research.