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PRICE Act

Introduced: May 1, 2020 See on congress.gov
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 4, 2020
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
May 1, 2020
Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, Energy and Commerce, and Rules, 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.
May 1, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Pandemic Response and Interstate Cost Equity Act or the PRICE Act

This bill establishes the Federal Emergency Management Agency (FEMA) as the sole buyer, vendor, owner, and distributor of certain medical equipment obtained by the federal government in the event of a national health emergency and establishes a process for the pricing and distribution of such equipment.

Specifically, in the event of such an emergency, the Department of Health and Human Services shall assess available medical equipment and FEMA shall (1) become the sole owner and distributor of medical equipment obtained by the federal government for which the prevailing market price exceeds the fair market price by more than 15%, (2) contract with all persons capable of producing such equipment to produce such equipment, and (3) establish a price for such equipment and sell or otherwise distribute the equipment to the states or to persons that request it.

The bill establishes in Congress a Joint Committee on Defense Production.

What's happening now May 4, 2020

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6662: PRICE Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6662/
MLA
"H.R. 6662: PRICE Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6662/.
Bluebook (legal)
H.R. 6662, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6662/.
Markdown link
[H.R. 6662: PRICE Act](https://openamerica.io/bill/116-HR-6662/)
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