SB 2725 Rhode Island Senate · 2024 Regular Session

AN ACT RELATING TO BUSINESSES AND PROFESSIONS -- DEFENDING AFFORDABLE PRESCRIPTION DRUG COSTS ACT

This bill, known as the Defending Affordable Prescription Drug Costs Act, aims to protect pharmacies that participate in the federal 340B drug discount program from unfair treatment by insurance companies and drug manufacturers. It prohibits health insurers and pharmacy benefit managers from charging these pharmacies lower reimbursement rates, imposing extra fees, or creating different contract terms compared to other pharmacies. Additionally, the law prevents pharmaceutical manufacturers from stopping or interfering with these pharmacies from receiving discounted drugs. Any violations of these rules are treated as deceptive trade practices, though the bill does not allow for private lawsuits by individuals.
Bill status passed 3 of 5 stages cleared
Introduction
Mar 2024
Committee Review
May 2024
Senate Passage
May 2024
House Passage
Governor
Introduced Mar 5, 2024 Last action May 29, 2024
Floor votes · Senate May 28, 2024

How they voted

350
Passed
Total votes 35
May 28, 2024
D Democratic30
30 Yea
100% Yea
R Republican5
5 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
8
Key actions
2
Committee
3
May 29, 2024
Committee
05/29/2024 Referred to House Health & Human Services
lower
May 28, 2024
Upper · Passed
05/28/2024 Senate passed as amended (floor amendment)
upper
May 21, 2024
Legislature · Passed
05/21/2024 Committee recommends passage
legislature
Mar 19, 2024
Committee
03/19/2024 Committee recommended measure be held for further study
legislature
Mar 5, 2024
Introduced
03/05/2024 Introduced, referred to Senate Health and Human Services
upper
2 primary · 0 co-sponsors

Sponsors