No Free TRIPS Act
3/12/2024, 12:04 PMSummary of Bill S 1834
The No Free TRIPS Act, also known as Bill 118 s 1834, is a piece of legislation currently being considered by the US Congress. The bill aims to address the issue of intellectual property rights and access to essential medicines during public health emergencies, such as the COVID-19 pandemic.The bill specifically focuses on the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement, which is a global agreement that sets out minimum standards for intellectual property protection in trade. The No Free TRIPS Act seeks to ensure that during public health emergencies, countries have the flexibility to waive certain intellectual property rights in order to increase access to essential medicines, vaccines, and medical technologies.
The bill recognizes that intellectual property rights can sometimes hinder access to life-saving treatments, especially in developing countries where affordability is a major concern. By allowing countries to waive certain intellectual property rights during emergencies, the No Free TRIPS Act aims to promote global health equity and ensure that everyone has access to the medical resources they need. Overall, the No Free TRIPS Act is a bipartisan effort to balance the need for intellectual property protection with the need for global health equity. It is currently being debated in Congress and has the potential to have a significant impact on how intellectual property rights are managed during public health emergencies.
Congressional Summary of S 1834
No Free TRIPS Act
This bill prohibits the U.S. government from negotiating or concluding any withdrawal from or modification to the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) without explicit authorization from Congress.
The TRIPS Agreement is one of several international agreements that led to the creation of the World Trade Organization (WTO). In October 2020, in response to the COVID-19 pandemic, several WTO members proposed a waiver of some TRIPS obligations, including obligations related to national patent laws.
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Current Status of Bill S 1834
Bill S 1834 is currently in the status of Bill Introduced since June 6, 2023. Bill S 1834 was introduced during Congress 118 and was introduced to the Senate on June 6, 2023. Bill S 1834's most recent activity was Read twice and referred to the Committee on Finance. as of June 6, 2023Bipartisan Support of Bill S 1834
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
6Democrat Cosponsors
0Republican Cosponsors
6Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1834
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 1834
No Free TRIPS ActNo Free TRIPS ActA bill to prohibit the President from negotiating or concluding any withdrawal, suspension, waiver, or modification to the Agreement on Trade-Related Aspects of Intellectual Property Rights without explicit authorization from Congress.Comments
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Sponsors and Cosponsors of S 1834
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