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H.R. 2439: Fair Accountability and Innovative Research Drug Pricing Act of 2017

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H.R. 2439: Fair Accountability and Innovative Research Drug Pricing Act of 2017

115th Congress · introduced 2017-05-16 · Health · Latest: Referred to the Subcommittee on Health.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2017-05-16 · official record
  2. Who proposed it: Rep. Schakowsky, Janice D. [D-IL-9] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Health. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Fair Accountability and Innovative Research Drug Pricing Act of 2017

Plain summary

Fair Accountability and Innovative Research Drug Pricing Act of 2017 This bill amends the Public Health Service Act to require manufacturers of certain drugs and biological products with a wholesale cost of $100 or more per month to report to the Department of Health and Human Services (HHS) price increases that result in a 10% or more increase in the cost of a drug over a 12-month period or a 25% or more increase over a 36-month period. Reports are required for prescription drugs and drugs commonly administered in hospitals, except vaccines, drugs for rare conditions, and drugs with annual sales for Medicare and Medicaid enrollees of less than $1. Reports must contain specified information including pricing history and a justification for each price increase in the relevant period. Manufacturers that do not submit a required report are subject to a civil penalty. Collected penalty funds must be used to carry out activities related to this reporting requirement and to improve consumer and provider information about drug value and drug price transparency. HHS must publish manufacturer reports, a summary of those reports, and supporting analyses.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Fair Accountability and Innovative Research Drug Pricing Act of 2017

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Schakowsky, Janice D. [D-IL-9] · 24 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Rosa L. DeLauro (D-CT), Lloyd Doggett (D-TX), Peter Welch (D-VT), Kathy Castor (D-FL), Steve Cohen (D-TN), Chellie Pingree (D-ME), Mark Pocan (D-WI), Eleanor Holmes Norton (D-DC), Bennie G. Thompson (D-MS), Emanuel Cleaver (D-MO), Judy Chu (D-CA), Jamie Raskin (D-MD), Ro Khanna (D-CA), Betty McCollum (D-MN), Ted Lieu (D-CA)

Sponsor's campaign money: Rep. Schakowsky, Janice D. [D-IL-9] reported raising $415,385 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-hr2439 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115