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- S.1369
S.1369: Stop Price Gouging Act
About This Bill
- Introduced June 15, 2017
- Latest Major Action June 15, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (7 Democrats, 1 Independent Democrat)
Bill Version
- Introduced in Senate - June 15, 2017
Bill Summary
Stop Price Gouging Act This bill amends the Internal Revenue Code to impose an excise tax on pharmaceutical companies that sell prescription drugs that are subject to price spikes that exceed the annual percentage increase in the medical care consumer price index detailed expenditure category for all urban consumers (U.S. city average). For each taxable prescription drug, the excise tax ranges from 50% to 100% of price spike revenue received...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
June 15, 2017 |
Read twice and referred to the Committee on Finance.
|
June 15, 2017 |
Introduced in the Senate by Sherrod Brown (D-Ohio) |