Legislation - SB0357

Title: Prescription Drug Affordability Board - Authority for Upper Payment Limits (Lowering Prescription Drug Costs for All Marylanders Now Act)
Sponsored by: Senators Gile and Feldman
Status: In the Senate - First Reading Finance
Analysis

Synopsis

Requiring the Prescription Drug Affordability Board, under certain circumstances, to establish a process for setting upper payment limits for all purchases and payor reimbursements of prescription drug products in the State that the Board determines have led or will lead to affordability challenges; authorizing the Board to reconsider an upper payment limit for a drug that becomes a current shortage; altering requirements related to the setting of upper payment limits by the Board; etc.

Committees

Original:: Finance

Details

Cross-filed with: HB0424

Bill File Type: Regular

Effective Date(s): October 1, 2025

Contingency - on a contingency described in Sec. 3 of the bill

History

Legislation History
Chamber Senate Calendar Date 1/16/2025 Legislative Date 1/16/2025 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Prescription Drug Affordability Board - Authority for Upper Payment Limits (Lowering Prescription Drug Costs for All Marylanders Now Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/16/2025	1/16/2025	First Reading Finance
			Text - First - Prescription Drug Affordability Board - Authority for Upper Payment Limits (Lowering Prescription Drug Costs for All Marylanders Now Act)

File Code

Subjects

Statutes