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    <number>476</number>
    <updateDate>2025-12-05T09:14:25Z</updateDate>
    <updateDateIncludingText>2025-12-05T09:14:25Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2023-02-16</introducedDate>
    <congress>118</congress>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred To</name>
            <date>2023-02-16T18:23:07Z</date>
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    <relatedBills>
      <item>
        <title>Maintaining Investments in New Innovation Act</title>
        <congress>118</congress>
        <number>5547</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-12-17</actionDate>
          <text>Referred to the Subcommittee on Health.</text>
        </latestAction>
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        <actionDate>2023-02-16</actionDate>
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            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Finance.</text>
        <type>IntroReferral</type>
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      <item>
        <actionDate>2023-02-16</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>M000639</bioguideId>
        <fullName>Sen. Menendez, Robert [D-NJ]</fullName>
        <firstName>Robert</firstName>
        <lastName>Menendez</lastName>
        <party>D</party>
        <state>NJ</state>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
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        <bioguideId>B001243</bioguideId>
        <fullName>Sen. Blackburn, Marsha [R-TN]</fullName>
        <firstName>Marsha</firstName>
        <lastName>Blackburn</lastName>
        <party>R</party>
        <state>TN</state>
        <sponsorshipDate>2023-02-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001305</bioguideId>
        <fullName>Sen. Budd, Ted [R-NC]</fullName>
        <firstName>Ted</firstName>
        <lastName>Budd</lastName>
        <party>R</party>
        <state>NC</state>
        <sponsorshipDate>2023-11-14</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000618</bioguideId>
        <fullName>Sen. Daines, Steve [R-MT]</fullName>
        <firstName>Steve</firstName>
        <lastName>Daines</lastName>
        <party>R</party>
        <state>MT</state>
        <sponsorshipDate>2024-06-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Health</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Genetics</name>
          <updateDate>2023-06-30T20:15:18Z</updateDate>
        </item>
        <item>
          <name>Medicare</name>
          <updateDate>2023-06-30T20:15:18Z</updateDate>
        </item>
        <item>
          <name>Prescription drugs</name>
          <updateDate>2023-06-30T20:15:18Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Health</name>
        <updateDate>2023-03-14T15:45:17Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-02-16</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-06-02T15:03:33Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;Maintaining Investments in New Innovation Act&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires drug products with genetically targeted technology to have had market approval for at least 11 years in order to qualify for the Medicare Drug Price Negotiation Program. (The program requires the Centers for Medicare &amp;amp; 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.)&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>Maintaining Investments in New Innovation Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Maintaining Investments in New Innovation Act</title>
        <updateDate>2024-06-19T11:03:15Z</updateDate>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to amend title XI of the Social Security Act to protect access to genetically targeted technologies.</title>
        <updateDate>2024-06-18T10:56:22Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Maintaining Investments in New Innovation Act</title>
        <updateDate>2024-05-24T13:42:22Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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    </titles>
    <textVersions>
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        <type>Introduced in Senate</type>
        <date>2023-02-16T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s476is/xml/BILLS-118s476is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2023-02-16</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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