CONGANALYTICS
Bills/HR 1672
HR 1672In Committee

Maintaining Investments in New Innovation Act

Legislative Progress
Introduced
Committee
Passed House
Passed Senate
Both Chambers
Enacted
SummaryIntroduced in House
2025-02-27

Maintaining Investments in New Innovation Act This bill requires drug products with genetically targeted technology to have had market approval for at least 11 years in order to qualify for the Medicare Drug Price Negotiation Program. (The program requires the Centers for Medicare & Medicaid Services to negotiate the prices of certain prescription drugs under Medicare beginning in 2026. Among other requirements, drugs must have had market approval for at least 7 years (for drug products) or 11 years (for biologics) to qualify for negotiation.)

Text Versions1 version
VersionDateFormats
Introduced in House2025-02-27T05:00:00Z
Introduced2025-02-27
119th Congress
Cosponsors0
Co-sponsoring members
Policy Area
Primary subject
Last Action2025-02-27
Referred to the Committee on Energy and
Legislative Subjects3 total
GeneticsMedicarePrescription drugs
Latest Action2025-02-27

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, 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.