2018 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Nosse, Noble, Senator Beyer, Linthicum|
|Regular Sponsors:||Representative Alonso Leon, Barnhart, Fahey, Holvey, Keny-Guyer, Kotek, Lively, Salinas, Smith DB, Senator Boquist, Monnes Anderson (Presession filed.)|
|Bill Title:||Relating to the price of prescription drugs.|
Requires prescription drug manufacturer to report annually information to Department of Consumer and Business Services regarding prices of prescription drugs and costs associated with developing and marketing prescription drugs.
Authorizes department to impose civil penalties on manufacturer for failing to comply with reporting requirements. Requires health insurers that offer prescription drug benefit to report to department specified information about prescription drug prices and impact of prescription drug prices on premium rates. Authorizes department to adopt by rule fees on manufacturers. Requires department to conduct annual public hearing on prescription drug prices and related information reported by manufacturers.
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||Joint Committee On Ways and Means|