S.1287: REFUND Act of 2021

About This Bill

  • This bill was introduced in the 117th Congress
  • This bill is primarily about health
  • Introduced April 21, 2021
  • Latest Major Action April 21, 2021

Bill Cosponsor

Bill Version

Bill Summary

Recovering Excessive Funds for Unused and Needless Drugs Act of 2021 or the REFUND Act of 2021 This bill requires drug manufacturers to issue rebates to the Centers for Medicare & Medicaid Services (CMS) in relation to discarded amounts (i.e., amounts remaining after administration) of single-dose vial drugs that are covered under Medicare. Manufacturers that fail to comply are subject to civil penalties. The CMS must determine rebate amounts...

(Source: Library of Congress)

Bill Actions

Date Description
April 21, 2021
Read twice and referred to the Committee on Finance.
April 21, 2021
Read twice and referred to the Committee on Finance. (text: CR S2126-2127)
April 21, 2021

Introduced in the Senate by Richard J. Durbin (D-Ill.)

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