US HB7482

Authorizes $5,000,000 to the Secretary of Health and Human Services to fund prize competitions for accelerating innovation in Lyme disease prevention, diagnosis, and treatment

Establishes U.S. policy to engage stakeholders including academia, nonprofits, industry, small businesses, entrepreneurs, and government to facilitate patient-centered Lyme disease innovations

Directs efforts to foster breakthroughs in health education and public awareness initiatives focused on Lyme disease patients

Prioritizes accelerating development of next-generation rapid, patient-focused diagnostics for Lyme disease

Prize competitions would operate under the framework established in section 24 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3719)