Vote Smart's Synopsis:

Vote to pass a bill that repeals the ban on conducting research using cells or tissues that were known to be obtained by the destruction of human embryos, by subjecting human embryos to "substantial" risk, or by the sale or transfer of human embryos, and limits human embryonic stem cell research to the use of stem cell lines that were derived prior to 9:00 p.m. EDT on August 9, 2001 and are listed on the National Institutes of Health's human embryonic stem cell registry.

Full Bill Text