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S. 366

FLAT Prices Act

Forcing Limits on Abusive and Tumultuous Prices or the FLAT Prices Act

This bill directs the Food and Drug Administration to reduce the market exclusivity of an approved prescription drug if the drug manufacturer increases the drug's price by more than a specified percentage. This reduction may be waived under specified circumstances.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S921-922)

Sen. Durbin, Richard J. [D-IL](D-IL)Sponsor
6 cosponsors6 D
6cosponsors1committees2actions1related bills7subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S921-922)

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

FLAT Prices Act — Informed