HR 7535 United States House · 118th Congress

Prescription Drug Supply Chain Pricing Transparency Act

The Prescription Drug Supply Chain Pricing Transparency Act requires the Government Accountability Office (GAO) to study how compensation and payment structures affect prescription drug prices within the supply chain. The GAO will examine how intermediaries like pharmacy benefit managers, drug wholesalers, and manufacturers set fees based on drug prices - including potential conflicts of interest - and analyze trends over time. This study must be completed within two years, with findings and recommendations submitted to Congress. The bill does not change current laws but aims to increase transparency for future policy decisions.
Tags: Government Transparency
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 5, 2024 Last action Dec 17, 2024
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
3
Dec 17, 2024
Committee
Referred to the Subcommittee on Health.
lower
Mar 8, 2024
Committee
Referred to the Subcommittee on Health.
lower
Mar 5, 2024
Committee
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Mar 5, 2024
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors