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Affordable Prices for Taxpayer-Funded Medicines Act

This bill aims to lower prices for drugs and other medical products developed with taxpayer money. It ensures Americans won't pay more than people in other wealthy countries for these products.
Key points
Requires fair prices for medical products developed with government support.
Prices cannot be higher than the median in Canada and six other wealthy countries.
Companies must disclose research costs and sales revenues.
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Status:
Expired
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Additional Information
Affordable Pricing for Taxpayer-Funded Prescription Drugs Act of 2021
Print number: HR 4991
Sponsor: Rep. DeFazio, Peter A. [D-OR-4]
Process start date: 2021-08-10
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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Summary & Status

Key Questions about Affordable Prices for Taxpayer-Funded Medicines Act

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 4991.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-08-10.

What are the main provisions?

Key points include:

  • Requires fair prices for medical products developed with government support.
  • Prices cannot be higher than the median in Canada and six other wealthy countries.
  • Companies must disclose research costs and sales revenues.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. DeFazio, Peter A. [D-OR-4].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

Analysis and Potential Impact of HR 4991

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Health