US HB5790 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 3 2014 - 25% progression, died in committee
Action: 2014-12-19 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 3 2014 - 25% progression, died in committee
Action: 2014-12-19 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Health Prizes Rewarding Innovation, Savings, and Effectiveness Act of 2014 - Amends the Public Health Service Act to require the Director of the National Institutes of Health (NIH) to design prize competitions open to competitors worldwide to realize innovations that improve health outcomes thereby reducing federal expenditures on health programs. Requires the NIH to identify as the subject of the competitions diseases or health conditions for which the federal government spends at least $5 billion per year on prevention and treatment, and the research investment is disproportionately small in comparison to other diseases with similar or greater federal expenditures on treatment and prevention. Directs the NIH to award contracts to perform a simulation of the designed prize competitions to assess the effectiveness of the design. Requires the NIH to contract with private entities to implement the competitions. Allows the Secretary of Health and Human Services (HHS) and the Food and Drug Administration (FDA) to provide competitors with guidance and access to testing facilities. Prohibits the federal government from gaining an interest in intellectual property development by a participant without the participant's written consent. Amends the Internal Revenue Code to exclude prizes from gross income.
Title
Health Prizes Rewarding Innovation, Savings, and Effectiveness Act of 2014
Sponsors
Sen. Todd Young [R-IN] |
History
Date | Chamber | Action |
---|---|---|
2014-12-19 | House | Referred to the Subcommittee on Health. |
2014-12-03 | House | Referred to House Ways and Means |
2014-12-03 | House | Referred to House Energy and Commerce |
2014-12-03 | House | 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. |
Subjects
Advanced technology and technological innovations
Drug therapy
Health
Health programs administration and funding
Health technology, devices, supplies
Income tax exclusion
Intellectual property
Medical research
Research administration and funding
Research and development
Drug therapy
Health
Health programs administration and funding
Health technology, devices, supplies
Income tax exclusion
Intellectual property
Medical research
Research administration and funding
Research and development
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/5790/all-info |
Text | https://www.congress.gov/113/bills/hr5790/BILLS-113hr5790ih.pdf |