This legislation amends the Public Health Service Act to establish a new competitive grant program. The Assistant Secretary will award grants to various eligible entities , such as community-based health providers, crisis centers, and public health agencies, to implement models for providing stabilization services to individuals experiencing serious thoughts of suicide. Applicants must submit a plan detailing how they will ensure the continued financing of these services beyond the grant period. Funds from these grants must be used for suicide-specific , evidence-based or evidence-informed stabilization services, delivered in the least-restrictive setting appropriate for the individual. These services can encompass outpatient care, virtual care, and peer support. The bill authorizes $30,000,000 annually for fiscal years 2027 through 2031, with grants lasting up to five years, and mandates evaluations, training, and technical assistance for grantees.