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

This bill establishes a multi-state agreement (compact) where participating states would create a commission to award prizes for medical treatments that successfully cure diseases. The commission would review submissions, set prices for cures based on manufacturing costs and estimated public health savings, and collect limited royalties from non-participating states or countries based on those savings. It directly affects participating states (which would fund the commission), medical researchers who develop cures, and public health systems by potentially lowering future treatment costs through prize-funded solutions. The framework focuses on creating standardized prize awards and pricing mechanisms across states, without directly funding research or altering existing healthcare programs.