H.R. 4991: Affordable Pricing for Taxpayer-Funded Prescription Drugs Act of 2021

117th Congress · introduced 2021-08-10 · Health · Latest: Referred to the Subcommittee on Health.

federal

Follow this bill, step by step

Where it came from: introduced 2021-08-10 · official record
Who proposed it: Rep. DeFazio, Peter A. [D-OR-4] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Health. Not final yet: this can still change. We check for updates every day.
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

Affordable Pricing for Taxpayer-Funded Prescription Drugs Act of 2021

Plain summary

Affordable Pricing for Taxpayer-Funded Prescription Drugs Act of 2021 This bill requires companies that receive federal funding for research (or a license of the rights to a patent or regulatory test data) for a biomedical product or service to agree to set reasonable prices for the resulting biomedical product or service. The Department of Health and Human Services (HHS) must determine a reasonable price based on a formula that ensures the U.S. price for the product or service is not more than the median price for the product or service in Canada and six other reference countries with, based on specified criteria, large economies and high incomes. Companies entering these agreements also must report to HHS certain financial information related to the biomedical product or service involved.

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

Affordable Pricing for Taxpayer-Funded Prescription Drugs Act of 2021

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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

Officials and money

Sponsor: Rep. DeFazio, Peter A. [D-OR-4] · 11 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Lloyd Doggett (D-TX), Marcy Kaptur (D-OH), Steve Cohen (D-TN), Janice D. Schakowsky (D-IL), Mark Pocan (D-WI), Ro Khanna (D-CA), Chellie Pingree (D-ME), Jesús G. "Chuy" García (D-IL), Rosa L. DeLauro (D-CT), Melanie A. Stansbury (D-NM)

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

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr4991.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr4991 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117