S.1131: Fair Accountability and Innovative Research Drug Pricing Act of 2017

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Bill Summary

Fair Accountability and Innovative Research Drug Pricing Act of 2017 This bill amends the Public Health Service Act to require manufacturers of certain drugs and biological products with a wholesale cost of $100 or more per month to report to the Department of Health and Human Services (HHS) price increases that result in a 10% or more increase in the cost of a drug over a 12-month period or a 25% or more increase over a 36-month period....

(Source: Library of Congress)

Bill Actions

Date Description
May 16, 2017
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 16, 2017

Introduced in the Senate by Tammy Baldwin (D-Wis.)

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