Bill Sponsor
Senate Bill 3858
116th Congress(2019-2020)
PRICE Act
Introduced
Introduced
Introduced in Senate on Jun 1, 2020
Overview
Text
Introduced
Jun 1, 2020
Latest Action
Jun 1, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3858
Congress
116
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
Massachusetts
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Pandemic Response and Interstate Cost Equity Act or the PRICE 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.

Text (1)
Actions (2)
06/01/2020
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
06/01/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:19 PM