[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 2948 Introduced in Senate (IS)]

113th CONGRESS
  2d Session
                                S. 2948

To extend the requirement that drug manufacturers that increase prices 
   faster than inflation pay an additional rebate to State Medicaid 
          programs to include manufacturers of generic drugs.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 20, 2014

  Mr. Sanders introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To extend the requirement that drug manufacturers that increase prices 
   faster than inflation pay an additional rebate to State Medicaid 
          programs to include manufacturers of generic drugs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Medicaid Generic Drug Price Fairness 
Act''.

SEC. 2. APPLYING THE MEDICAID ADDITIONAL REBATE REQUIREMENT TO 
              MANUFACTURERS OF GENERIC DRUGS.

    (a) In General.--Section 1927(c)(3)(A) of the Social Security Act 
(42 U.S.C. 1396r-8(c)(3)(A)) is amended--
            (1) in clause (ii), by striking the period and inserting 
        ``,''; and
            (2) by adding at the end the following flush text:
                ``and shall be increased by an amount determined in the 
                same manner as the increase in the amount of a rebate 
                for a single source drug or an innovator multiple 
                source drug is determined under paragraph (2).''.
    (b) Effective Date.--The amendments made by this section shall 
apply to rebate periods beginning on or after the date of enactment of 
this Act.
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