I 119THCONGRESS 1 STSESSION H. R. 1492 To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program. IN THE HOUSE OF REPRESENTATIVES FEBRUARY21, 2025 Mr. M URPHY(for himself, Mr. DAVISof North Carolina, and Mr. HUDSON) introduced the following bill; which was referred to the Committee on En- ergy 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 jurisdic- tion of the committee concerned A BILL To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and bio- logic candidates under the Drug Price Negotiation Pro- gram. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 VerDate Sep 11 2014 03:52 Mar 13, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H1492.IH H1492 kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 •HR 1492 IH SECTION 1. EQUALIZING THE NEGOTIATION PERIOD BE-1 TWEEN SMALL-MOLECULE AND BIOLOGIC 2 CANDIDATES UNDER THE DRUG PRICE NEGO-3 TIATION PROGRAM. 4 (a) I NGENERAL.—Section 1192(e)(1)(A)(ii) of the 5 Social Security Act (42 U.S.C. 1320f–1(e)(1)(A)(ii)) is 6 amended by striking ‘‘7 years’’ and inserting ‘‘11 years’’. 7 (b) E FFECTIVEDATE.—The amendment made by 8 subsection (a) shall take effect as if included in the enact-9 ment of Public Law 117–169. 10 Æ VerDate Sep 11 2014 03:52 Mar 13, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H1492.IH H1492 kjohnson on DSK7ZCZBW3PROD with $$_JOB