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Bill to Stop Government Drug Price Controls

This bill proposes to remove parts of a law that allow the government to control the prices of some prescription drugs. If passed, it would mean the government could no longer negotiate or set limits on these drug prices, potentially affecting what people pay for certain medications.
Key points
Aims to repeal government power to control drug prices.
Would restore previous rules regarding drug pricing.
Could impact the cost of some prescription drugs for patients.
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Status:
Expired
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Additional Information
Print number: 117_S_4953
Sponsor: Sen. Lee, Mike [R-UT]
Process start date: 2022-09-27