This bill authorizes the Secretary of Health and Human Services to award grants to schools of nursing. The primary goals are to address nursing workforce shortages, enhance the nation's preparedness for and ability to respond to public health emergencies and pandemics, and modernize nursing education programs. Priority for these grants will be given to schools located in or preparing students to practice in medically underserved areas , health professional shortage areas , or rural and noncontiguous regions, with an emphasis on equitable geographic distribution of awards. Funds from these grants can be used for a variety of activities, including enhancing the enrollment and retention of students, particularly those from disadvantaged backgrounds or underrepresented groups, and retaining or hiring diverse faculty. Other permitted uses include partnering with healthcare facilities to expand clinical education, modernizing school infrastructure with advanced equipment and telehealth technologies, and developing or enhancing educational programs, including those for nurse researchers. Grant recipients must submit annual reports, and the Secretary is mandated to provide a comprehensive report to Congress within five years detailing the grants' impact on student enrollment, faculty diversity, infrastructure, and overall workforce development, with an authorized appropriation of $1,000,000,000 .