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H.R. 1492
U.S. House•In House Committee
Summary
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, was introduced in the House on Feb 21, 2025 by Rep. Greg Murphy (R) with 68 co-sponsors. It was referred to Energy And Commerce, and last saw action on Feb 21, 2025: 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.
Record
Text
H.R. 1492 has 68 co-sponsors.
hb1492/introduced-in-house.txt119 HR 1492 IH: 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.U.S. House of Representatives2025-02-21text/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.I 119th CONGRESS 1st Session H. R. 1492 IN THE HOUSE OF REPRESENTATIVES February 21, 2025 Mr. Murphy (for himself, Mr. Davis of North Carolina , and Mr. Hudson ) introduced the following bill; which was 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 A BILLTo 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.1.Equalizing the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program(a)In generalSection 1192(e)(1)(A)(ii) of the Social Security Act ( 42 U.S.C. 1320f–1(e)(1)(A)(ii) ) is amended by striking 7 years and inserting 11 years .(b)Effective dateThe amendment made by subsection (a) shall take effect as if included in the enactment of Public Law 117–169 .
Tracker
The tracker indicates the progress of this legislation as it moves through the legislative process.
- Introduced2025-02-21
- Passed House
- Passed Senate
- Conference
- To President
- Became Law
CRS Summary
The summaries are the Congressional Research Service’s, one per stage. Read them in full.
Introduced in House Feb 21, 2025
hb1492/introduced-in-house.mdShown Here:
Introduced in House (02/21/2025)
This bill lengthens the amount of time for which drug products must have market approval in order for the products to qualify for negotiation under the Medicare Drug Price Negotiation Program.
The Medicare Drug Price Negotiation 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.
The bill modifies these provisions so as to require drug products to also have had at least 11 years of market approval in order to qualify for negotiation.
The bill's changes apply retroactively.
Sponsors
Rep. Greg Murphy (R) sponsors H.R. 1492, and 68 members have co-sponsored it, 2 of them from the day it was introduced.

Rep. · R–NC-3 · Sponsor
Introduced Feb 21, 2025

Rep. · D–NC-1 · Co-sponsor
Joined Feb 21, 2025 · Original

Rep. · R–NC-9 · Co-sponsor
Joined Feb 21, 2025 · Original

Rep. · R–FL-16 · Co-sponsor
Joined Mar 24, 2025

Rep. · R–TX-2 · Co-sponsor
Joined Mar 24, 2025

Rep. · R–FL-2 · Co-sponsor
Joined Mar 24, 2025

Rep. · R–NJ-7 · Co-sponsor
Joined Mar 24, 2025

Rep. · R–NY-11 · Co-sponsor
Joined Mar 24, 2025

Rep. · R–WV-1 · Co-sponsor
Joined Mar 24, 2025

Rep. · R–IA-1 · Co-sponsor
Joined Mar 24, 2025
Committees
H.R. 1492 went before 2 committees: Ways and Means and Energy and Commerce.
Actions
H.R. 1492 has taken 2 actions since Feb 21, 2025.
| Chamber | Action | |||
|---|---|---|---|---|
Feb 21, 2025 | House | Introduced in House | ||
Feb 21, 2025 | House | 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.Energy and Commerce Committee |
Votes
H.R. 1492 has not gone to a roll call.
Titles
H.R. 1492 goes by 2 titles.
- 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. — Display Title
- 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. — Official Title as Introduced
Lobbying
54 clients hired 53 firms and 303 registered lobbyists who named H.R. 1492 in 312 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.
Filed under Health Issues, Medicare/Medicaid, Trade (domestic/foreign), Taxation/Internal Revenue Code, Copyright/Patent/Trademark, Budget/Appropriations, Pharmacy, Labor Issues/Antitrust/Workplace.
Clients
Who paid to be heard, by how many filings named the bill. The 20 that filed most often, of 54.
| Client | Business | State | Firms | Filings | Reported |
|---|---|---|---|---|---|
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | Trade association representing the nation's leading biopharmaceutical research companies. | District of Columbia | 8 | 40 | $1.6M |
| NOVARTIS | Innovative medicines company. | District of Columbia | 2 | 13 | $280K |
| PHRMA | Represents country's leading pharmaceutical research and biotechnology companies | District of Columbia | 3 | 11 | $630K |
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA (PHRMA) | trade group representing U.S. pharmaceutical research and biotechnology companies | District of Columbia | 2 | 11 | $410K |
| BAYER CORPORATION (CONSOLIDATED REPORT) | — | District of Columbia | 1 | 9 | — |
| GILEAD SCIENCES, INC. | Client is a biopharmaceutical company that develops medicines in areas of unmet need. | California | 2 | 8 | $480K |
| SANOFI U.S. SERVICES, INC. | Multinational Pharmaceutical Company. | District of Columbia | 2 | 8 | $460K |
| BOEHRINGER INGELHEIM USA CORPORATION | Lobbyists | District of Columbia | 1 | 8 | — |
| PHARMACEUTICAL INDUSTRY LABOR MANAGEMENT ASSOCIATION | Pharmaceutical Industry Labor Management Association. | Virginia | 2 | 7 | $350K |
| SOLENO THERAPEUTICS, INC. | Soleno is focused on development of novel therapeutics for treatment of rare diseases. | California | 2 | 7 | $170K |
| AMGEN INC | — | District of Columbia | 1 | 7 | — |
| GSK (FKA GLAXOSMITHKLINE INC.) | — | District of Columbia | 1 | 7 | — |
| LUNDBECK LLC | — | District of Columbia | 1 | 7 | — |
| PTC THERAPEUTICS, INC. | Biopharmaceutical company. | New Jersey | 2 | 7 | — |
| PUBLIC CITIZEN | — | District of Columbia | 1 | 7 | — |
| NOVO NORDISK, INC. | Pharmaceutical company. | District of Columbia | 1 | 6 | $480K |
| AMGEN USA INC. | Biotechnology company. | District of Columbia | 1 | 6 | $360K |
| GENENTECH, INC. | Biotechnology company. | District of Columbia | 1 | 6 | $360K |
| PFIZER, INC. | Biopharmaceutical manufacturing. | District of Columbia | 1 | 6 | $360K |
| PFIZER INC. | Biopharmaceutical company. | District of Columbia | 2 | 6 | $80K |
Firms
Registrants who filed on the bill, by filings.
Lobbyists
Named on the filings that cite the bill. The 20 named most often, of 303.
| Lobbyist | Firms | Clients | Filings |
|---|---|---|---|
| HAZEN MARSHALL | 1 | 6 | 31 |
| MONICA POPP | 1 | 6 | 31 |
| JOHN MCMANUS | 1 | 5 | 22 |
| BRETT BAKER | 1 | 2 | 11 |
| DARREN WILLCOX | 1 | 5 | 11 |
| GREG D'ANGELO | 1 | 2 | 11 |
| MARY SAVARY TAYLOR | 1 | 2 | 11 |
| RACHEL JONES HENSLER | 1 | 2 | 11 |
| ALEX WHALEN | 1 | 2 | 9 |
| BRIAN NAGLE | 1 | 1 | 9 |
| ERICK LUTT | 1 | 1 | 9 |
| JIM TRAVIS | 1 | 1 | 9 |
| MICHAEL HOLLAND | 1 | 1 | 9 |
| MICHAEL PARRISH | 1 | 1 | 9 |
| STEPHANIE MURPHY | 1 | 1 | 9 |
| COURTNEY LEE-ASHLEY | 1 | 1 | 8 |
| COURTNEY PIRON | 1 | 1 | 8 |
| JOSEPH MCGOWAN | 1 | 1 | 8 |
| KATHARINE BOND | 1 | 1 | 8 |
| SARAH DURR | 1 | 1 | 8 |
Filings
The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.
| Client | Registrant | Period | Reported | Document |
|---|---|---|---|---|
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | 2025 first_quarter | $12.9M | 1st Quarter - Report |
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | 2026 first_quarter | $12.2M | 1st Quarter - Report |
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | 2025 third_quarter | $9M | 3rd Quarter - Report |
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | 2025 fourth_quarter | $8.4M | 4th Quarter - Report |
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | 2025 second_quarter | $7.6M | 2nd Quarter - Report |
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | 2026 second_quarter | $7.4M | 2nd Quarter - Report |
| AARP | AARP | 2025 fourth_quarter | $5.3M | 4th Quarter - Report |
| AARP | AARP | 2025 second_quarter | $5.1M | 2nd Quarter - Report |
| MERCK & CO INC | MERCK & CO, INC. | 2025 second_quarter | $5M | 2nd Quarter - Amendme… |
| MERCK & CO INC | MERCK & CO, INC. | 2025 second_quarter | $5M | 2nd Quarter - Report |
| BRISTOL-MYERS SQUIBB COMPANY | BRISTOL-MYERS SQUIBB COMPANY | 2025 second_quarter | $4.8M | 2nd Quarter - Report |
| PFIZER INC. | PFIZER INC. | 2025 first_quarter | $4.2M | 1st Quarter - Report |
| NOVARTIS | NOVARTIS | 2025 first_quarter | $4.2M | 1st Quarter - Report |
| NOVARTIS | NOVARTIS | 2026 first_quarter | $3.9M | 1st Quarter - Report |
| AARP | AARP | 2025 third_quarter | $3.8M | 3rd Quarter - Report |
| PFIZER INC. | PFIZER INC. | 2025 second_quarter | $3.7M | 2nd Quarter - Amendme… |
| PFIZER INC. | PFIZER INC. | 2025 second_quarter | $3.7M | 2nd Quarter - Amendme… |
| AMGEN INC | AMGEN, INC. | 2025 first_quarter | $3.6M | 1st Quarter - Report |
| AMGEN INC | AMGEN, INC. | 2025 fourth_quarter | $3.6M | 4th Quarter - Report |
| AMGEN INC | AMGEN, INC. | 2025 third_quarter | $3.6M | 3rd Quarter - Report |
Classification
The Congressional Research Service files H.R. 1492 under Health, one of its 31 policy areas, and gives it 3 legislative subjects.
CRS Subjects
CRS assigns every bill one policy area from its 31; H.R. 1492’s is Health.
hr1492/policy-areas.txtLegislative Subjects
H.R. 1492 carries 3 of CRS’s legislative subjects, from Health care costs and insurance to Prescription drugs.
hr1492/subjects.txtConstitutional authority
The clause the sponsor cites as Congress’s power to enact H.R. 1492, as entered in the Congressional Record.
[Congressional Record Volume 171, Number 35 (Friday, February 21, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MURPHY:H.R. 1492.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H730]
Source: congress.gov · legiscan.com