S 351 New York Senate · 2025 Regular Session

Adopts the solemn covenant of the states to award prizes for curing diseases interstate compact

This bill creates an interstate compact allowing states to join together to fund prizes for medical treatments that successfully cure diseases. It establishes a commission to award these prizes, set pricing for cures, and collect royalty fees from non-participating states based on estimated five-year public health savings. The royalties are capped at the actual healthcare cost savings the cure would generate, ensuring fees align with real public health benefits. Only states that formally join the compact ("compacting states") would directly manage the program, while non-participating states would pay royalties on cures developed under the system.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025 Last action Jan 7, 2026
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Total actions
2
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Committee
2
Jan 7, 2026
Committee
REFERRED TO HEALTH
upper
Jan 8, 2025
Committee
REFERRED TO HEALTH
upper
1 primary · 1 co-sponsor

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