US SB1801 | 2019-2020 | 116th Congress

Status

Spectrum: Strong Partisan Bill (Democrat 15-1)
Status: Introduced on June 12 2019 - 25% progression, died in committee
Action: 2019-06-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Revises and expands various requirements relating to prescription-drug pricing and affordability. Specifically, the bill expands financial reporting requirements for drug manufacturers and establishes corresponding civil penalties for noncompliance; adds reporting requirements for certain nonprofit patient-assistance programs; requires the Centers for Medicare & Medicaid Services (CMS) to negotiate prices for certain prescription drugs under Medicare; requires the Centers for Medicare and Medicaid Innovation within the CMS to test specified models for negotiating drug prices; establishes reporting requirements, and corresponding civil penalties for noncompliance, for pharmaceutical companies with respect to spikes in prescription-drug prices; establishes an excise tax on prescription drugs subject to price spikes; lessens prescription-drug cost-sharing requirements under qualified health plans and group health plans; modifies requirements for the importation of prescription drugs; requires drug manufacturers to provide drug rebates for drugs dispensed to certain low-income individuals under the Medicare program; limits the time frame that trade agreements are required to provide market exclusivity for biological products; establishes an innovation incentive fund for new or more effective treatments of bacterial infections; establishes a Center for Clinical Research within the National Institutes of Health; revises certain time frames and conditions related to drug exclusivity; requires the Food and Drug Administration to establish a database of generic drugs; and modifies other provisions related to generic drugs, prescription-drug advertising, disclosure of wholesale acquisition prices, and patent-infringement proceedings.

Tracking Information

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Title

Affordable Medications Act

Sponsors


History

DateChamberAction
2019-06-12SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB447 (Related) 2019-01-25 - Referred to the Subcommittee on Health.
HB1093 (Related) 2019-02-07 - Referred to the Subcommittee on Health.
HB1506 (Related) 2019-04-08 - Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
SB73 (Related) 2019-01-10 - Read twice and referred to the Committee on Finance.
SB97 (Related) 2019-01-10 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
SB378 (Related) 2019-02-07 - Read twice and referred to the Committee on Finance.
SB1785 (Related) 2019-06-11 - Read twice and referred to the Committee on Finance.
SB64 (Related) 2019-01-09 - Read twice and referred to the Committee on the Judiciary.
HB1478 (Related) 2019-03-01 - Referred to the Subcommittee on Health.
HB8399 (Related) 2020-09-25 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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