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HR. 1672 · 119th Congress

Maintaining Investments in New Innovation Act

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Bill details

Introduced: 2/27/2025
Status: 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.
Bill ID: 119hr1672
Latest action: 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.

Summary

Introduced in House

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.)

Source: BILLSUM · Summary date: 2/27/2025

District impact notes

1 notes
NEUTRAL
3/29/2026

The Maintaining Investments in New Innovation Act sets a requirement for drug products using genetically targeted technology to have market approval for at least 11 years to qualify for Medicare price negotiations. • This policy could affect local healthcare providers and patients by potentially influencing the availability and pricing of certain prescription drugs. • Local institutions involved in healthcare may need to adjust their strategies based on how drug pricing negotiations evolve under this program. • There may be questions about how this timeline could impact the introduction of new treatments and the balance between innovation and cost control in the healthcare system. AI-generated from official bill summary and plain-English note; verify with official text.

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Summary source label: BILLSUM
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About this data

Non-partisan by design
OurCongress provides plain-English context without endorsements, political interpretation, or advocacy.
Official sources
Data is sourced from official government records (e.g., Congress.gov, GovInfo, Clerk of the House, and the U.S. Senate).
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Last updated: 3/29/2026Source: BILLSUMBill: 119hr1672Learn more →