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    <updateDate>2025-04-21T12:24:17Z</updateDate>
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    <introducedDate>2023-03-22</introducedDate>
    <congress>118</congress>
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        <name>Health, Education, Labor, and Pensions Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred To</name>
            <date>2023-03-22T19:17:56Z</date>
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          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Health, Education, Labor, and Pensions.</text>
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        <actionDate>2023-03-22</actionDate>
        <text>Introduced in Senate</text>
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          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>B001230</bioguideId>
        <fullName>Sen. Baldwin, Tammy [D-WI]</fullName>
        <firstName>Tammy</firstName>
        <lastName>Baldwin</lastName>
        <party>D</party>
        <state>WI</state>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>B001310</bioguideId>
        <fullName>Sen. Braun, Mike [R-IN]</fullName>
        <firstName>Mike</firstName>
        <lastName>Braun</lastName>
        <party>R</party>
        <state>IN</state>
        <sponsorshipDate>2023-03-22</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001203</bioguideId>
        <fullName>Sen. Smith, Tina [D-MN]</fullName>
        <firstName>Tina</firstName>
        <lastName>Smith</lastName>
        <party>D</party>
        <state>MN</state>
        <sponsorshipDate>2023-03-22</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001046</bioguideId>
        <fullName>Sen. Heinrich, Martin [D-NM]</fullName>
        <firstName>Martin</firstName>
        <lastName>Heinrich</lastName>
        <party>D</party>
        <state>NM</state>
        <middleName>T.</middleName>
        <sponsorshipDate>2024-04-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Health</name>
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    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Health</name>
        <updateDate>2023-04-06T14:15:22Z</updateDate>
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    <summaries>
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        <versionCode>00</versionCode>
        <actionDate>2023-03-22</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-10-03T18:51:28Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;Fair Accountability and Innovative Research Drug Pricing Act of &lt;/b&gt;&lt;strong&gt;&lt;/strong&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires manufacturers to report about certain price increases for prescription drugs and biological products with a wholesale cost of at least $100 per month. &lt;/p&gt; &lt;p&gt;Such reports must include, among other information (1) the percentage price increase, (2) a justification for such increase, (3) the price history of the drug, (4) the total cost to develop the drug, and (5) the total revenue and net profit generated from the drug. Manufacturers are subject to civil penalties for failing to comply with the bill's requirements. Additionally, the Food and Drug Administration must post the information on its website. &lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>Fair Accountability and Innovative Research Drug Pricing Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Fair Accountability and Innovative Research Drug Pricing Act of 2023</title>
        <updateDate>2024-07-24T15:23:17Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Fair Accountability and Innovative Research Drug Pricing Act of 2023</title>
        <updateDate>2024-05-24T13:41:35Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to require reporting regarding certain drug price increases, and for other purposes.</title>
        <updateDate>2024-05-01T06:11:30Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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    </titles>
    <textVersions>
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        <type>Introduced in Senate</type>
        <date>2023-03-22T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118s935is/xml/BILLS-118s935is.xml</url>
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    <latestAction>
      <actionDate>2023-03-22</actionDate>
      <text>Read twice and referred to the Committee on Health, Education, Labor, and Pensions.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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