MD HB340 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 17 2024 - 25% progression, died in committee
Action: 2024-01-26 - Hearing 2/08 at 1:00 p.m.
Pending: House Health and Government Operations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the Governor in fiscal year 2025 and each fiscal year thereafter to include in the annual budget bill an appropriation of at least $1,000,000 for the Prescription Drug Affordability Fund which provides funding for the Board; and requiring the Board, under certain circumstances, to establish a process for setting upper payment limits for all purchases and payor reimbursements of prescription drug products in the State that the Board determines have led or will lead to affordability challenges.

Tracking Information

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Title

Prescription Drug Affordability Board - Authority for Upper Payment Limits and Funding (The Lowering Prescription Drug Costs For All Marylanders Now Act)

Sponsors


History

DateChamberAction
2024-01-26HouseHearing 2/08 at 1:00 p.m.
2024-01-17HouseFirst Reading Health and Government Operations

Same As/Similar To

SB388 (Crossfiled) 2024-01-24 - Hearing 2/07 at 2:00 p.m. (Finance)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Health - General212C-11(n/a)See Bill Text
Health - General212C-13(n/a)See Bill Text
Health - General212C-14(n/a)See Bill Text
Health - General212C-16(n/a)See Bill Text

Maryland State Sources


Bill Comments

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