SENATE BILL 434

Sponsored By:

Senator Frosh

Entitled:

Prescription Drug Discounts and Rebates - Additional Authority

Synopsis:

Authorizing the Secretary of Health and Mental Hygiene to negotiate discount prices or rebates for prescription drugs; authorizing drug manufacturers or labelers that sell prescription drugs in the State to negotiate supplemental rebates for the Maryland Medical Assistance Program over those required by federal law; requiring the Secretary when negotiating rebate terms to consider specified information on prescription drug prices, discounts, and rebates; etc.

History by Legislative Date

Senate Action

1/31

First Reading Finance

2/5

Hearing 2/27 at 1:00 p.m.

4/6

Unfavorable Report by Finance

House Action

No Action

Bill indexed under the following Subjects:

DISCLOSURE

DRUGS -see also- CONTROLLED DANGEROUS SUB; SUBSTANCE ABUSE

FEDERAL GOVERNMENT

HEALTH AND MENTAL HYGIENE, DEPARTMENT OF

MEDICAL ASSISTANCE

PRICES -see also- CONSUMER PRICE INDEX

RULES AND REGULATIONS

Bill affects the following Statute:

Health - General

( 15-124.3 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered