# 114-hr-6043: Fair Accountability and Innovative Research Drug Pricing Act of 2016

114-hr-6043, Fair Accountability and Innovative Research Drug Pricing Act of 2016, is a 114th Congress bill sponsored by Rep. Schakowsky, Janice D. [D-IL-9] (D-IL); status Referred to the House Committee on Energy and Commerce. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-6043
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-6043
- Congress: 114
- Title: Fair Accountability and Innovative Research Drug Pricing Act of 2016
- Status: Referred to the House Committee on Energy and Commerce.
- Introduced: 2016-09-15
- Sponsor: Rep. Schakowsky, Janice D. [D-IL-9] (D-IL)
- Cosponsors: 18
- Policy area: Health
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Fair Accountability and Innovative Research Drug Pricing Act of 2016 This bill amends the Public Health Service Act to require manufacturers of certain drugs and biological products to report to the Department of Health and Human Services (HHS) price increases that result in a 10% or more increase in the price of a drug over a 12-month period. Reports are required for prescription drugs and drugs commonly administered in hospitals, except vaccines, drugs for rare conditions, and drugs with annual sales for Medicare and Medicaid enrollees of less than $1. Manufacturers that do not submit a required report are subject to a civil penalty. The Inspector General of HHS must review drug price information to determine compliance. Collected penalty funds must be used to carry out activities related to this reporting requirement and to improve consumer and provider information about drug value and drug price transparency. HHS must publish manufacturer reports, a summary of those reports, and supporting analyses.

## Cosponsors (18)

- Rep. DeLauro, Rosa L. [D-CT-3] (D-CT), 2016-09-15T00:00:00.000Z
- JIM MCDERMOTT (D-WA), 2016-09-15T00:00:00.000Z
- ELIJAH CUMMINGS (D-MD), 2016-09-15T00:00:00.000Z
- Rep. Kirkpatrick, Ann [D-AZ-1] (D-AZ), 2016-09-15T00:00:00.000Z
- Rep. Doggett, Lloyd [D-TX-37] (D-TX), 2016-09-15T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2016-09-15T00:00:00.000Z
- Rep. Nadler, Jerrold [D-NY-12] (D-NY), 2016-09-20T00:00:00.000Z
- JOHN CONYERS (D-MI), 2016-09-20T00:00:00.000Z
- Rep. Castor, Kathy [D-FL-14] (D-FL), 2016-09-20T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2016-09-20T00:00:00.000Z
- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2016-09-20T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2016-09-20T00:00:00.000Z
- Rep. Yarmuth, John A. [D-KY-3] (D-KY), 2016-09-20T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2016-09-26T00:00:00.000Z
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2016-09-26T00:00:00.000Z
- Rep. Walz, Timothy J. [D-MN-1] (D-MN), 2016-09-26T00:00:00.000Z
- Rep. Lujan Grisham, Michelle [D-NM-1] (D-NM), 2016-11-14T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2016-11-14T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-4479: Families of Flint Act
- 114-hr-3268: PAST Act
- 114-hr-3185: Equality Act
- 114-hr-2902: Safe Schools Improvement Act of 2015

## Sources
- [114-hr-6043 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/6043)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-4479: Families of Flint Act](https://policyrisk.com/legislation/114-hr-4479)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-3185: Equality Act](https://policyrisk.com/legislation/114-hr-3185)
- [114-hr-2902: Safe Schools Improvement Act of 2015](https://policyrisk.com/legislation/114-hr-2902)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-6043 (as of 2025-11-18).