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MN SF4147

Bill

Status

Introduced

2/22/2024

Primary Sponsor

Alice Mann

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Amends Minnesota Statutes section 62J.84, subdivision 14 to require wholesale drug distributors to report prescription drug information by month rather than annually beginning January 1, 2024

  • Requires distributors to submit reports to the commissioner within 60 days of receiving a notification to report for drugs of substantial public interest

  • Mandates monthly reporting of units acquired, spending before rebates, rebates receivable, units sold, gross revenue from U.S. sales, and rebates payable for the 12-month period prior to notification

  • Requires detailed drug identification including national drug code, product name, dosage form, strength, and package size

  • Allows distributors to submit supporting documentation for the reported information

Legislative Description

Prescription Drug Price Transparency Act amendments and wholesale drug distributers to provide information by month in the annual report provisions

Last Action

Author added Pha

4/15/2024

Committee Referrals

Health and Human Services2/22/2024

Full Bill Text

No bill text available