US SB3858 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 1 2020 - 25% progression
Action: 2020-06-01 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

PRICE Act Pandemic Response and Interstate Cost Equity Act This bill establishes the Federal Emergency Management Agency (FEMA) as the sole buyer, vendor, owner, and distributor of certain medical equipment obtained by the federal government in the event of a national health emergency and establishes a process for the pricing and distribution of such equipment. Specifically, in the event of such an emergency, the Department of Health and Human Services shall assess available medical equipment and FEMA shall (1) become the sole owner and distributor of medical equipment obtained by the federal government for which the prevailing market price exceeds the fair market price by more than 15%, (2) contract with all persons capable of producing such equipment to produce such equipment, and (3) establish a price for such equipment and sell or otherwise distribute the equipment to the states or to persons that request it. The bill establishes in Congress a Joint Committee on Defense Production.

Tracking Information

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Title

PRICE Act Pandemic Response and Interstate Cost Equity Act

Sponsors


History

DateChamberAction
2020-06-01SenateRead twice and referred to the Committee on Homeland Security and Governmental Affairs.

Same As/Similar To

HB6662 (Same As) 2020-05-04 - Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Subjects


US Congress State Sources


Bill Comments

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