Joint Medical Facilities Fund Act of 2026

This bill establishes a new Joint Medical Facility Fund to support shared healthcare facilities operated by the Department of Defense and the Department of Veterans Affairs. The fund allows both departments to transfer money from their existing budgets and medical collections into a single pool, which can then be used for facility operations, equipment, maintenance, and minor construction projects at designated combined medical sites. The bill requires the two departments to create a joint methodology for determining transfer amounts and to administer the fund through an executive agreement that includes independent review of financial processes. Additionally, the legislation repeals an outdated provision and mandates that the departments submit a report within 180 days identifying which facilities should be designated as combined medical facilities.