S. 1250 · 118th Congress
Drug-price Transparency for Consumers Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsor8 cosponsors · 4 D, 3 R, 1 I
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Drug-price Transparency for Consumers Act of 2023 or the DTC Act of 202 3 This bill requires consumer advertisements for drugs and biologicals to include certain price information if the drug or biological is (1) covered under Medicare or Medicaid, and (2) required to include a risk summary under current law.
What it does: CRS summary · Introduced in Senate · Apr 20, 2023
Drug-price Transparency for Consumers Act of 2023 or the DTC Act of 2023
This bill requires consumer advertisements for drugs and biologicals to include certain price information if the drug or biological is (1) covered under Medicare or Medicaid, and (2) required to include a risk summary under current law. The requirement does not apply to advertisements for drugs or biologicals with a wholesale cost of less than $35 for a one-month supply.
Each violation of this requirement is subject to a civil penalty of not more than $100,000.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Drug-price Transparency for Consumers Act of 2023
Latest action (Apr 20, 2023): Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1297; text: CR S1297-1298)
Policy area: Health · Origin: Senate · Introduced: Apr 20, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.