[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 4953 Introduced in Senate (IS)]

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117th CONGRESS
  2d Session
                                S. 4953

 To repeal prescription drug price control provisions of the Inflation 
                             Reduction Act.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 27, 2022

    Mr. Lee (for himself, Ms. Lummis, Mr. Lankford, and Mr. Rubio) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To repeal prescription drug price control provisions of the Inflation 
                             Reduction Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protect Drug Innovation Act''.

SEC. 2. REPEAL OF PRESCRIPTION DRUG PRICE CONTROL PROVISIONS.

    Effective on the date of the enactment of this Act, the provisions 
of parts 1, 2, and 3 of subtitle B of title I of Public Law 117-169 are 
repealed and the provisions of law amended by such parts are restored 
as if such parts had never been enacted.
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