HR 6660
LOSS Act of 202
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Limit Ongoing Shortages and Stabilize Supply Act of 2020 (LOSS Act) requires drug manufacturers to proactively address potential drug shortages. Specifically, it mandates that companies producing approved medications conduct risk assessments to identify vulnerabilities in their supply chains and develop plans to mitigate disruptions. Failure to comply with these requirements could result in penalties, and the law also aims to improve transparency regarding the discontinuation or interruption of drug production. This legislation is intended to bolster the stability of the drug supply.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Lisa [D-DE-At Large] Blunt Rochester
Cosponsors
John Katko
Sheila Jackson Lee
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.