HR9040Referred to Committee

To establish fair prices for prescription drugs, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-05-26
Introduced
0
Cosponsors
HR
ⓘ
Type

Sponsor

Brad Sherman
Brad Sherman
Democrat · CA · Representative
Votes with party: 97.6% (535 recorded votes)

Full profile: /officials/S000344

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, and Financial Services, 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.

2026-05-26

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The bill would give the federal government new powers to negotiate and set prices for prescription drugs, aiming to make medications more affordable for patients and reduce what Americans pay at the pharmacy. It would affect drug manufacturers, insurance companies, and anyone who takes prescription medications, potentially lowering out-of-pocket costs for patients while changing how pharmaceutical companies price their products. The proposal is currently being reviewed by three House committees to determine how it would work in practice.

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