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S 366
FLAT Prices Act
Introduced
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Bill overview
Forcing Limits on Abusive and Tumultuous Prices or the FLAT Prices Act This bill directs the Food and Drug Administration to reduce the market exclusivity of an approved prescription drug if the drug manufacturer increases the drug's price by more than a specified percentage. This reduction may be waived under specified circumstances.
Sponsors
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Primary sponsor
Richard J. Durbin
SenateILDemocrat
Cosponsors
Amy Klobuchar
SenateMNDemocrat
Gary C. Peters
SenateMIDemocrat
Kamala D. Harris
SenateCADemocrat
Richard Blumenthal
SenateCTDemocrat
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