In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Diverse Teachers Recruitment Act of 
2010''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) Department of Education statistics reveal a lack of 
        diversity among public schoolteachers. During the school year 
        of 2007 through 2008, an estimated 83.1 percent of public 
        schoolteachers were Caucasian, while 7.1 percent were Latino, 7 
        percent were African-American, and 1.2 percent were Asian. Of 
        all public schoolteachers, 24.1 percent were male and 75.9 
        percent were female.
            (2) Some experts believe the lack of diversity can leave 
        students in underrepresented groups without role models to whom 
        they can relate, which may lead to poorer performance in the 
        classroom. Statistics show that students in some 
        underrepresented groups have lower standardized test scores and 
        lower graduation rates.
            (3) Teacher demographics should better reflect those of the 
        population as a whole, ensuring that students have role models 
        from diverse backgrounds and racial and ethnic groups and of 
        different genders.

SEC. 3. RECRUITMENT, TRAINING, AND RETENTION OF TEACHERS FROM 
              UNDERREPRESENTED GROUPS.

    (a) In General.--Title II of the Elementary and Secondary Education 
Act of 1965 (20 U.S.C. 6601 et seq.) is amended by adding at the end 
the following new part:

    ``PART E--RECRUITMENT, TRAINING, AND RETENTION OF TEACHERS FROM 
                        UNDERREPRESENTED GROUPS

``SEC. 2501. GRANT PROGRAM.

    ``(a) Authorization.--From amounts appropriated under section 2505, 
the Secretary shall make grants on a competitive basis to eligible 
entities for recruiting, training, and retaining individuals from 
underrepresented groups as teachers at public elementary schools and 
secondary schools.
    ``(b) Eligibility.--The Secretary may only make a grant under 
subsection (a) to an eligible entity that--
            ``(1) serves schools that have difficulty recruiting, 
        training, and retaining individuals from underrepresented 
        groups as teachers; and
            ``(2) submits an application at such time, in such form, 
        and containing such information and assurances as the Secretary 
        may require, including--
                    ``(A) a description of how the activities the 
                eligible entity carries out with grant funds will 
                ensure the recruitment, training, and retention of a 
                significant number of individuals from underrepresented 
                groups; and
                    ``(B) a description of the difficulty recruiting, 
                training, and retaining individuals from 
                underrepresented groups experienced by the schools 
                served by the eligible entity.
    ``(c) Priority.--In making grants under subsection (a), the 
Secretary shall give priority to--
            ``(1) local educational agencies (or consortia of local 
        educational agencies) that serve the most high-need schools; 
        and
            ``(2) local educational agencies (or consortia of local 
        educational agencies) that serve schools with the highest 
        percentages of minority individuals in their student 
        populations.
    ``(d) Matching Funds.--
            ``(1) In general.--The Secretary may not make a grant to an 
        eligible entity under subsection (a) unless the eligible entity 
        agrees that, with respect to the costs to be incurred by the 
        eligible entity in carrying out the activities for which the 
        grant is awarded, the eligible entity will make available non-
        Federal contributions in an amount equal to not less than 10 
        percent of the Federal funds provided under the grant.
            ``(2) Satisfying matching requirement.--The non-Federal 
        contributions required under paragraph (1) may be--
                    ``(A) in cash or in-kind, including services, 
                fairly evaluated; and
                    ``(B) from--
                            ``(i) any private source; or
                            ``(ii) a State educational agency or local 
                        educational agency.
            ``(3) Waiver.--The Secretary may waive or reduce the non-
        Federal contribution required by paragraph (1) if the eligible 
        entity involved demonstrates that it cannot meet the 
        contribution requirement due to financial hardship.

``SEC. 2502. REPORTS TO SECRETARY.

    ``An eligible entity receiving a grant under section 2501(a) shall 
submit to the Secretary not later than 90 days after the end of each 
school year in which the entity receives grant funds a report that 
contains--
            ``(1) a description of the activities for which the entity 
        used grant funds during such school year;
            ``(2) data concerning, with respect to the schools served 
        by the entity--
                    ``(A) the number of individuals from 
                underrepresented groups that began teaching during such 
                school year;
                    ``(B) the retention rate of teachers who are 
                individuals from underrepresented groups;
                    ``(C) in the case of the report covering the last 
                school year in which the entity receives grant funds, 
                indicators of student academic achievement during such 
                school year as compared with previous school years, 
                disaggregated, if possible, by the achievement of--
                            ``(i) economically disadvantaged students;
                            ``(ii) students from major racial groups;
                            ``(iii) students with disabilities; and
                            ``(iv) students with limited English 
                        proficiency;
                    ``(D) student graduation rates for the school year 
                covered by the report as compared with previous school 
                years, if applicable in the case of the schools served 
                by the entity; and
                    ``(E) student attendance rates for the school year 
                covered by the report as compared with previous school 
                years; and
            ``(3) a description of and data regarding such 
        characteristics of the schools served by the entity, and the 
        students of such schools, as the Secretary considers 
        appropriate, including the number and percentage of students in 
        each of the groups listed in clauses (i) through (iv) of 
        paragraph (2)(C).

``SEC. 2503. BEST PRACTICES INFORMATION CLEARINGHOUSE.

    ``(a) In General.--The Secretary shall evaluate the success of the 
activities carried out by eligible entities using grant funds received 
under section 2501(a) and compile a database of best practices for 
recruiting, training, and retaining individuals from underrepresented 
groups as public elementary and secondary school teachers. The 
Secretary shall make such database available to eligible entities 
(regardless of whether such entities have received grants under such 
section) through an Internet Web site.
    ``(b) Funds Available.--Of the amounts appropriated to carry out 
this part for a fiscal year, the Secretary may use not more than 10 
percent to carry out this section during such fiscal year.

``SEC. 2504. DEFINITIONS.

    ``In this part, the following definitions apply:
            ``(1) Eligible entity.--The term `eligible entity' means--
                    ``(A) a local educational agency (or consortium of 
                local educational agencies); or
                    ``(B) an entity that--
                            ``(i) has entered into a partnership with a 
                        local educational agency (or consortium of 
                        local educational agencies) in which the local 
                        educational agency (or consortium of local 
                        educational agencies) is the primary partner; 
                        and
                            ``(ii) is a private nonprofit organization, 
                        educational service agency, institution of 
                        higher education, or State educational agency.
            ``(2) High-need high school.--The term `high-need high 
        school' means a secondary school--
                    ``(A) in which the entering grade of the school is 
                not lower than grade 9 and that includes grade 12; and
                    ``(B) that has a graduation rate of not more than 
                65 percent in each of the 2 academic years prior to the 
                submission of the grant application.
            ``(3) High-need middle school.--The term `high-need middle 
        school' means a secondary school--
                    ``(A) in which the entering grade is not lower than 
                grade 6 and the highest grade is not higher than grade 
                9; and
                    ``(B) from which not less than 35 percent of the 
                students who complete such school enroll in a high-need 
                high school.
            ``(4) High-need school.--The term `high-need school' means 
        a public school, including a charter school (as such term is 
        defined in section 5210(1))--
                    ``(A) in which not less than 40 percent of the 
                enrolled students are eligible to receive free or 
                reduced price lunches under section 9(b) of the Richard 
                B. Russell National School Lunch Act (42 U.S.C. 
                1758(b)); or
                    ``(B) that is a high-need high school or a high-
                need middle school.
            ``(5) Individual from an underrepresented group.--The term 
        `individual from an underrepresented group' means an individual 
        who is a member of a racial group or gender that has 
        historically been underrepresented among teachers in public 
        primary and secondary schools in the United States.
            ``(6) Minority individual.--The term `minority individual' 
        means an individual who is a member of a racial group that has 
        historically been underrepresented among teachers in public 
        primary and secondary schools in the United States.

``SEC. 2505. AUTHORIZATION OF APPROPRIATIONS.

    ``There are authorized to be appropriated to carry out this part 
such sums as are necessary for fiscal years 2010 through 2015.''.
    (b) Clerical Amendment.--The table of contents in section 2 of the 
Elementary and Secondary Education Act of 1965 is amended by adding 
after the item related to section 2441 the following:

     Part E--Recruitment, Training, and Retention of Teachers From 
                        Underrepresented Groups

Sec. 2501. Grant program.
Sec. 2502. Reports to Secretary.
Sec. 2503. Best practices information clearinghouse.
Sec. 2504. Definitions.
Sec. 2505. Authorization of appropriations.

Ex Output:
Diverse Teachers Recruitment Act of 2010 - Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to award competitive matching grants to local educational agencies (LEAs) or nonprofits, educational service agencies, institutions of higher education, or states that enter into partnerships with such LEAs, for recruiting, training, and retaining individuals from underrepresented groups as public elementary and secondary school teachers.

Gives priority to LEAs that serve the most high-need schools and those that serve schools with the highest percentages of minorities in their student bodies.

Requires the Secretary to evaluate the success of the grantees and compile a database of best practices for recruiting, training, and retaining individuals from underrepresented groups as public elementary and secondary school teachers.


Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Space Tourism Promotion Act of 
2001''.

SEC. 2. FINDINGS.

    The Congress finds that--
            (1) humans have long had a yearning to travel in space and 
        experience conditions beyond Earth's atmosphere;
            (2) forty years of human space flight experience have 
        demonstrated the feasibility of safe travel to and from space 
        as well as the ability of humans to live and work in space;
            (3) the Nation's human space flight program has developed 
        technologies and operational procedures that the private sector 
        could make use of to enable American citizens to experience 
        space travel;
            (4) space tourism has the potential to become a significant 
        industry and a powerful stimulus for advances in space 
        transportation;
            (5) the Federal Government could play an important role in 
        stimulating the development of space tourism by means of 
        guaranteed loans, tax credits, expeditious establishment of a 
        straightforward and predictable regulatory structure, and 
        research and development in technologies that may enable the 
        private sector to develop operational passenger-carrying space 
        transportation systems and on-orbit habitations;
            (6) as the agency of the Federal Government primarily 
        responsible for the development of America's commercial sector, 
        the Department of Commerce, and in particular its Office of 
        Space Commercialization, should have the lead role in 
        encouraging the growth of space tourism;
            (7) as the agency of the Federal Government currently 
        responsible for regulating America's commercial space 
        transportation industry, the Federal Aviation Administration, 
        and in particular its Office of Commercial Space 
        Transportation, should have the lead role in establishing the 
        regulatory structure necessary to ensure the safety of United 
        States space tourism;
            (8) as the agency of the Federal Government responsible for 
        carrying out the major share of the Nation's civil space 
        activities, the National Aeronautics and Space Administration 
        should continue its traditional role of conducting research and 
        development related to new space technologies and systems and 
        facilitating their transfer to the private sector;
            (9) it is an appropriate role for the Federal Government to 
        undertake measures to encourage the development of space 
        tourism in the United States; and
            (10) at the same time, it is an inappropriate role and a 
        misallocation of taxpayer-provided resources for the Federal 
        Government to compete with the private sector in the provision 
        of transportation vehicles or facilities for space tourism.

SEC. 3. DEFINITIONS.

    In this Act--
            (1) terms that are defined in the Federal Credit Reform Act 
        of 1990 have the meaning given those terms in that Act; and
            (2) the term ``space tourism'' means travel to, from, or 
        within outer space, or to the surface of a body in space other 
        than Earth, or habitation in outer space, for the purpose of 
        recreation.

SEC. 4. LOAN GUARANTEES.

    (a) Authority.--
            (1) In general.--The Secretary of Commerce may guarantee up 
        to 85 percent of the value of loans for the purpose of 
        developing transportation systems, habitation facilities, or 
        other infrastructure required for space tourism.
            (2) Limitation.--The maximum aggregate amount of loan 
        commitments that may be guaranteed under this section by the 
        Secretary of Commerce at any one time shall be $2,000,000,000.
            (3) Administrative fee.--The Secretary of Commerce is 
        authorized to collect from any borrower, and to the extent 
        provided for in advance in appropriations Acts to use, an 
        amount not to exceed 0.5 percent of the amount borrowed, for 
        covering the administrative expenses and other annual costs to 
        the Department of Commerce of the loan guarantee.
    (b) Terms and Conditions.--A loan guaranteed under this section 
shall be on such terms and conditions as the Secretary of Commerce may 
prescribe.
    (c) Term of Loans.--Loans guaranteed under this section shall be 
for a term of not to exceed 20 years, or 100 percent of the useful life 
of the substantial portion of the physical assets to be financed by the 
loans, whichever is shorter, as determined by the Secretary of 
Commerce.
    (d) Lien on Interests in Assets.--Upon providing a loan guarantee 
to a borrower under this section, the Secretary of Commerce shall have 
liens which shall be superior to all other liens on assets of the 
borrower equal to 85 percent of the unpaid balance of the loan subject 
to the guarantee.
    (e) Protection.--No loan shall be guaranteed under this section 
unless the Secretary of Commerce determines that the borrower is 
responsible and that adequate provision is made for servicing the loan 
on reasonable terms and for protecting the interests of the United 
States.
    (f) Validity.--A loan guarantee under this section shall be 
conclusive evidence that such guarantee has been properly obtained, and 
that the underlying loan qualifies for such guarantee. In an action for 
fraud or material misrepresentation by the holder of a loan guaranteed 
under this section, such guarantee shall be presumed to be valid, 
legal, and enforceable.
    (g) Forbearance.--The Secretary of Commerce may approve an 
agreement, between the parties to a loan guaranteed under this section, 
that provides for forbearance for the benefit of the borrower if the 
forbearance will result in no cost to the Federal Government.
    (h) Administration and Oversight Responsibility.--The Office of 
Space Commercialization shall be responsible for the administration and 
oversight of this section on behalf of the Department of Commerce.

SEC. 5. CAPITAL GAINS EXCLUSION.

    (a) In General.--Part I of subchapter P of chapter 1 of the 
Internal Revenue Code of 1986 (relating to items specifically excluded 
from gross income) is amended by adding at the end the following new 
section:

``SEC. 1203. EXCLUSION OF GAINS FOR QUALIFIED SPACE TOURISM 
              CORPORATIONS.

    ``(a) In General.--Gross income shall not include gain on the sale 
or exchange of any stock of a qualified space tourism corporation held 
for more than one year.
    ``(b) Qualified Space Tourism Corporation.--For purposes of 
subsection (a), the term `qualified space tourism corporation' means, 
with respect to any taxable year, a domestic corporation which is a C 
corporation if--
            ``(1) such corporation is organized exclusively for 
        providing to unrelated persons any service of space tourism (as 
        defined in section 3 of the Space Tourism Promotion Act of 
        2001), and
            ``(2) such corporation derives at least 75 percent of its 
        gross receipts from the active conduct of a trade or business 
        of providing a service described in paragraph (1).
    ``(c) Certain Purchases by Corporations of Its Own Stock.--For 
purposes of this section, rules similar to the rules of section 
1202(c)(3) shall apply.
    ``(d) Related Person.--Persons shall be treated as related to each 
other if such persons would be treated as a single employer under the 
regulations prescribed under section 52(b). In the case of a 
corporation which is a member of an affiliated group of corporations 
filing a consolidated return, such corporation shall be treated as 
providing services related to space tourism to an unrelated person if 
such services are provided to such a person by another member of such 
group.
    ``(e) Termination.--This section shall not apply to sales or 
exchanges after December 31, 2011.''.
    (b) Clerical Amendment.--The table of sections for part I of 
subchapter P of such Code is amended by adding at the end the following 
new item:

                              ``Sec. 1203. Exclusion of gains for 
                                        qualified space tourism 
                                        corporations.''
    (c) Effective Date.--The amendments made by this section shall 
apply to sales and exchanges in taxable years beginning after December 
31, 2001.

SEC. 6. ESTABLISHMENT OF REGULATORY STANDARDS.

    (a) In General.--Not later than 2 years after the date of the 
enactment of this Act, the Secretary of Transportation shall issue 
regulations to govern--
            (1) activities necessary to ensure the safe operation of 
        passenger-carrying launch and reentry vehicles and spacecraft 
        for space tourism, to the extent to which regulatory procedures 
        have not previously been established by law; and
            (2) activities related to the provision of and safe 
        operation of habitable facilities in outer space for space 
        tourism purposes.
    (b) Orbital Debris Avoidance.--Not later than 2 years after the 
date of the enactment of this Act, the Secretary of Transportation 
shall issue regulations to prevent, to the extent practicable, the 
growth of orbital debris resulting from activities associated with 
space tourism.
    (c) Legal Regime.--Activities taking place on space tourism 
habitation facilities and passenger-carrying launch and reentry 
vehicles and spacecraft for space tourism licensed or otherwise 
regulated by the Secretary of Transportation shall be governed by the 
laws of the United States.

SEC. 7. USE OF FEDERAL FACILITIES.

    (a) Prohibition Against Certain Uses of Federal Facilities.--
            (1) In general.--Launch, reentry, and space travel vehicles 
        owned by the Federal Government shall not be used for the 
        transport of any individuals other than those engaged in or 
        supporting the conduct of official business of the United 
        States or the conduct of scientific or engineering research and 
        development, except in emergency situations.
            (2) International space station.--The United States portion 
        of the International Space Station shall not be visited or 
        occupied by any individuals other than those engaged in or 
        supporting the conduct of official business of the United 
        States or the conduct of scientific or engineering research and 
        development, and those authorized by relevant international 
        agreements, except in emergency situations.
    (b) Use of Other Federal Facilities.--The use of other Federal 
facilities and infrastructure, such as launch ranges and data relay 
satellites, shall be made available to commercial entities engaged in 
space tourism on a cost-reimbursable basis to the extent that excess 
capacity exists at the time the commercial entity requests the use of 
such facilities and infrastructure.

Ex Output:
Space Tourism Promotion Act of 2001 - Authorizes the Secretary of Commerce to guarantee up to 85 percent of the value of loans for developing transportation systems, habitation facilities, or other infrastructure required for space tourism.Amends the Internal Revenue Code of 1986 to exclude from gross income gain on the sale or exchange of any stock of a qualified space tourism corporation held for more than a year.Requires the Secretary of Transportation to issue regulations to: (1) govern activities necessary to ensure the safe operation of passenger-carrying launch and reentry vehicles and spacecraft for space tourism and activities related to the provision and safe operation of habitable facilities in outer space for space tourism; and (2) prevent the growth of orbital debris resulting from activities associated with space tourism.Prohibits: (1) the use of launch, reentry, and space travel vehicles owned by the Government for the transport of any individuals other than those engaged in or supporting the conduct of official business or scientific or engineering research and development (R&D), except in emergencies; and (2) the U.S. portion of the International Space Station from being visited or occupied by any individuals other than those engaged in or supporting the conduct of such business or R&D and those authorized by relevant international agreements, except in emergencies.Requires the use of other Federal facilities and infrastructure, such as launch ranges and data relay satellites, to be made available to commercial entities engaged in space tourism on a cost-reimbursable basis to the extent that excess capacity exists.


Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Affordable Prescription Drugs Act''.

SEC. 2. COMPULSORY LICENSING OF CERTAIN PATENTED MEDICAL INVENTIONS.

    (a) In General.--Chapter 14 of title 35, United States Code, is 
amended by adding at the end the following:
``Sec. 158. Compulsory licensing
    ``(a) Compulsory Licensing of Certain Patented Medical 
Inventions.--In the case of any subject invention relating to health in 
which a patent holder, contractor, exclusive licensee, or assignee has 
acquired title under this title, the Secretary of Health and Human 
Services shall have the right to establish other use of the subject 
matter of the patent without authorization of the right holder if the 
Secretary makes the determination described in subsection (b).
    ``(b) Determination.--The determination of the Secretary of Health 
and Human Services referred to in subsection (a) is a determination 
that--
            ``(1) the patent holder, contractor, licensee, or assignee 
        referred to in subsection (a) has not taken, or is not expected 
        to take within a reasonable time, effective steps to achieve 
        practical application of the subject invention in a field of 
        use;
            ``(2) such compulsory license is necessary to alleviate 
        health or safety needs which are not adequately satisfied by 
        the patent holder, contractor, licensee, or assignee; or
            ``(3) the patented material is priced higher than may be 
        reasonably expected based on criteria developed by the 
        Secretary of Commerce.
    ``(c) Factors in Authorizing Other Use.--In exercising the right 
under subsection (a) to authorize other use of the subject matter of a 
patent, the following shall apply:
            ``(1) Authorization of such use shall be considered on its 
        individual merits.
            ``(2) Such use may only be permitted if, prior to such use, 
        the proposed user has made efforts to obtain authorization from 
        the right holder on reasonable commercial terms and conditions 
        and that such efforts have not been successful within a 
        reasonable period of time. This requirement may be waived in 
        the case of a national emergency or other circumstances of 
        extreme urgency or in cases of public noncommercial use. In 
        situations of national emergency or other circumstances of 
        extreme urgency, the right holder shall, nevertheless, be 
        notified as soon as reasonably practicable. In the case of 
        public noncommercial use, where the Government or (if 
        applicable) a contractor of the Government, without making a 
        patent search, knows or has demonstrable grounds to know that a 
        valid patent is or will be used by or for the Government, the 
        right holder shall be informed promptly.
            ``(3) Such use shall be nonexclusive.
            ``(4) Such use shall be nonassignable, except with that 
        part of the enterprise or goodwill which enjoys such use.
            ``(5) Authorization for such use shall be liable, subject 
        to adequate protection of the legitimate interests of the 
        persons so authorized, to be terminated if and when the 
        circumstances which led to it cease to exist and are unlikely 
        to recur. The competent authority shall have the authority to 
        review, upon appropriate request, the continued existence of 
        such circumstances.
            ``(6) The right holder shall be paid adequate remuneration 
        in the circumstances of each case, taking into account the 
        economic value of the authorization.
            ``(7) The legal validity of any decision relating to the 
        authorization of such use shall be subject to judicial review 
        or other independent review by a distinct Federal authority.
            ``(8) Any decision relating to the remuneration provided in 
        respect of such use shall be subject to judicial review or 
        other independent review by a distinct Federal authority.
            ``(9) The condition set forth in paragraph (2) is not 
        applicable where such use is permitted to remedy a practice 
        determined after judicial or administrative process to be 
        anticompetitive. The need to correct anticompetitive practices 
        may be taken into account in determining the amount of 
        remuneration in such cases. The competent authorities shall 
        have the authority to refuse termination of authorization if 
        and when the conditions which led to such authorization are 
        likely to recur.
            ``(10) Where such use is authorized to permit the 
        exploitation of a patent (`the 2nd patent') which cannot be 
        exploited without infringing another patent (`the 1st patent'), 
        the following additional conditions shall apply:
                    ``(A) The invention claimed in the 2nd patent shall 
                involve an important technical advance of considerable 
                economic significance in relation to the invention 
                claimed in the 1st patent.
                    ``(B) The owner of the 1st patent shall be entitled 
                to a cross-license on reasonable terms to use the 
                invention claimed in the 2nd patent.
                    ``(C) The use authorized in respect of the 1st 
                patent shall be nonassignable except with the 
                assignment of the 2nd patent.
    ``(d) Consistency With TRIPS.--Regulations adopted under subsection 
(a) shall be consistent with provisions of the Agreement on Trade-
Related Aspects of Intellectual Property Rights referred to in section 
101(d)(15) of the Uruguay Round Agreements Act.''.
    (b) Conforming Amendment.--the table of contents for chapter 14 of 
title 35, United States Code, is amended by adding at the end the 
following new item:

``158. Compulsory licensing.''.

SEC. 3. REPORT ON PHARMACEUTICAL COSTS AND SALES.

    (a) Report Requirement.--Any person engaged in the manufacture and 
sale of any drug approved under section 505 or 512 of the Federal Food, 
Drug, and Cosmetic Act (21 U.S.C. 355, 360b) for which a patent is 
still in effect shall report to the Congress annually an audit of all 
financial information relevant to the pricing of that drug nationally 
and internationally, including the costs of research and development, 
sufficient to assess the reasonableness of that pricing, in accordance 
with specifications developed by the Secretary of Commerce in 
consultation with the Commissioner of Food and Drugs.
    (b) Disqualification From Participation in Federal Programs as 
Penalty for Noncompliance.--In the case of a person who the Secretary 
of Commerce determines has failed to submit a report required under 
subsection (a) on a timely basis, the person shall be ineligible to 
receive payment from the Federal Government or under any Federal 
program (including under the medicare and medicaid programs) for any 
prescription drug or biologic it manufactures or sells until the date 
the Secretary determines that such failure has ceased.

Ex Output:

Requires any person engaged in the manufacture and sale of any new drug or new animal drug approved under the Federal Food, Drug, and Cosmetic Act, for which a patent is still in effect, to report annually to Congress an audit of all financial information relevant to that drug's pricing nationally and internationally, including research and development costs, sufficient to assess the reasonableness of that pricing. Requires disqualification from participation in Federal programs as a penalty for noncompliance with this reporting requirement.