3.0.0 2157 2024-07-24T15:21:28Z 2024-07-24T15:21:28Z Senate S S 2023-06-22 118 ssfi00 Finance Committee Senate Standing Referred to 2023-06-22T18:12:06Z 2023-06-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2023-06-22 Introduced in Senate IntroReferral 10000 9 Library of Congress L000577 Sen. Lee, Mike [R-UT] Mike Lee R UT N R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2023-06-22 True Health Health 2023-07-21T12:15:20Z 00 2023-06-22 Introduced in Senate 2024-07-19T20:52:32Z

Protect Drug Innovation Act

This bill repeals several programs and requirements that were enacted under the Inflation Reduction Act of 2022 relating to the prices of prescription drugs, including (1) the Medicare Drug Price Negotiation Program, (2) provisions that require drug manufacturers to issue rebates for certain drugs under Medicare for which prices increase faster than inflation, and (3) provisions that cap annual out-of-pocket spending under the Medicare prescription drug benefit.

]]> Protect Drug Innovation Act Display Title 45 Protect Drug Innovation Act 2024-07-24T15:21:28Z Short Title(s) as Introduced 101 Protect Drug Innovation Act 2024-05-24T13:38:31Z Introduced in Senate IS Official Title as Introduced 6 A bill to repeal prescription drug price control provisions of the Inflation Reduction Act. 2023-07-20T03:29:02Z Introduced in Senate IS Introduced in Senate 2023-06-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s2157is/xml/BILLS-118s2157is.xml 2023-06-22 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.