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HR 2927 106th Congress House Commerce Auditing Congress Congressional reporting requirements Debarment of government contractors Drug industry Drugs Finance and Financial Sector Government Operations and Politics Health Intellectual property Inventions Medicaid Medical supplies Medical technology Medicare Patent licenses Patents Pharmaceutical research Prescription pricing

Affordable Prescription Drugs Act

Introduced: September 23, 1999 See on congress.gov
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 2000
Sponsor introductory remarks on measure. (CR H1127)
Nov 1, 1999
Sponsor introductory remarks on measure. (CR H11148)
Oct 18, 1999
Sponsor introductory remarks on measure. (CR H10154)
Oct 8, 1999
Referred to the Subcommittee on Health and Environment.
Oct 4, 1999
Referred to the Subcommittee on Courts and Intellectual Property.
Sep 30, 1999
Sponsor introductory remarks on measure. (CR H9176-9177)
Sep 23, 1999
Referred to the Committee on the Judiciary, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 23, 1999
Sponsor introductory remarks on measure. (CR H8622)
Sep 23, 1999
Introduced in House
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 Plain-English summary Congressional Research Service
Affordable Prescription Drugs Act - Amends Federal patent law to grant the Secretary of Health and Human Services the right to establish compulsory licensing (without authorization of the right holder) for nonexclusive, nonassignable use of certain patented medical inventions upon a determination that: (1) the patent holder, contractor, exclusive licensee, or assignee has not taken, or is not expected to take within a reasonable time, effective steps to achieve practical application of the subject invention in a field of use; (2) such compulsory license is necessary to alleviate health or safety needs which are not adequately satisfied by the patent holder, contractor, licensee, or assignee; or (3) the patented material is priced higher than may be reasonably expected based on criteria developed by the Secretary of Commerce.

Requires any person engaged in the manufacture and sale of any new drug or new animal drug approved under the Federal Food, Drug, and Cosmetic Act, for which a patent is still in effect, to report annually to Congress an audit of all financial information relevant to that drug's pricing nationally and internationally, including research and development costs, sufficient to assess the reasonableness of that pricing. Requires disqualification from participation in Federal programs as a penalty for noncompliance with this reporting requirement.

What's happening now March 21, 2000

Sponsor introductory remarks on measure. (CR H1127)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 3
All 3 Democratic 2 Independent 1
D
Davis, Danny K.
Illinois · Mar 14, 2000
 I
Sanders, Bernard
Vermont · Sep 23, 1999
 D
Schakowsky, Janice D.
Illinois · Sep 23, 1999
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2927: Affordable Prescription Drugs Act. 106th Congress. Open America. https://openamerica.io/bill/106-HR-2927/
MLA
"H.R. 2927: Affordable Prescription Drugs Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-2927/.
Bluebook (legal)
H.R. 2927, 106th Cong. (2026), https://openamerica.io/bill/106-HR-2927/.
Markdown link
[H.R. 2927: Affordable Prescription Drugs Act](https://openamerica.io/bill/106-HR-2927/)
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