TRACK Act of 2023

Hozzl · 2024-01-18T06:47:43Z

Explore the details of House Bill 885 TRACK Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Health. Stay informed on legislative developments.

1/18/2024, 6:47 AM

Congressional Summary of HR 885

Taxpayer Research and Contributions Knowledge Act of 2023 or the TRACK Act of 2023

This bill requires the Department of Health and Human Services (HHS) to work with other federal entities to compile a public database of federal contracts, tax benefits, and other support for biomedical research and development. HHS must develop the database within one month and update it every two weeks.

The bill sets out elements that must be in the database, including (1) the agency or other federal entity providing the support, (2) the entity receiving the support, (3) an itemized accounting of the support provided, (4) any associated clinical trial data, and (5) any medical products that were developed using the support and that are being brought to market.

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Current Status of Bill HR 885

Bill HR 885 is currently in the status of Bill Introduced since February 9, 2023. Bill HR 885 was introduced during Congress 118 and was introduced to the House on February 9, 2023. Bill HR 885's most recent activity was Referred to the Subcommittee on Oversight and Investigations. as of March 20, 2023

Bipartisan Support of Bill HR 885

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 885

Primary Policy Focus

Health

Potential Impact Areas

Cardiovascular and respiratory healthDrug safety, medical device, and laboratory regulationDrug therapyEmergency medical services and trauma careGeneticsGovernment information and archivesHealth information and medical recordsHealth programs administration and fundingHealth promotion and preventive careInfectious and parasitic diseasesIntellectual propertyLicensing and registrationsManufacturingMarketing and advertisingMedical researchPublic contracts and procurementResearch administration and fundingResearch and development

Alternate Title(s) of Bill HR 885

TRACK Act of 2023TRACK Act of 2023Taxpayer Research And Contributions Knowledge Act of 2023To direct the Secretary of Health and Human Services and other Federal officials to compile into a searchable database information relating to Federal support for biomedical research and development, and for other purposes.

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