H. R. 1463 is a bill that aims to stop the use of Federal funds to carry out a specific rule made by the Food and Drug Administration (FDA) about "Medical Devices; Laboratory Developed Tests." The bill, introduced by Mr. Finstad and Mr. Crenshaw, states that no Federal money...
Simple Explanation
H. R. 1463 is a rule that says the government shouldn't spend its money on a new plan about how some medical tests and gadgets are checked to make sure they're safe. This means they want to stop using government money to enforce that plan.