No Free TRIPS Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 7, 2022)
No Free TRIPS Act
This bill prohibits the U.S. government from negotiating or concluding any withdrawal from or modification to the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) without explicit authorization from Congress.
The TRIPS Agreement is one of several international agreements that led to the creation of the World Trade Organization (WTO). In October 2020, in response to the COVID-19 pandemic, several WTO members proposed a waiver of some TRIPS obligations, including obligations related to national patent laws.
What just happenedApr 7, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateApr 7, 2022
- Apr 7, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Foreign Relations CommitteeFinance Committee - Apr 7, 2022IntroReferral10000
Introduced in Senate