S. 733Senate112th Congress (2011-2013)In Committee

A bill to amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare.

Introduced April 5, 2011

Legislative Activity

Stay on top of the latest movement without scrolling through every action

2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2140)

April 5, 2011

View full timeline
SenateIntro Referral

Introduced in Senate

April 5, 2011

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S2139-2140)

April 5, 2011

SenateIntro Referral

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2140)

April 5, 2011

Floor Debate

5 members

What members said about S. 733 on the floor

4 Republicans1 Democrat
Daniel Coats
Sen. Daniel CoatsR-IN · Apr 5, 2011

Mr. President, today, along with Senator Wyden, we introduce bipartisan tax reform legislation, a piece of legislation that we believe, and hopefully we can gather a consensus in this body to…

Lisa Murkowski
Sen. Lisa MurkowskiR-AK · Apr 5, 2011

Mr. President, the Tlingit and Haida people, the first people of Southeast Alaska, were perhaps the first group of Alaska Natives to organize for the purpose of asserting their aboriginal land…

David Vitter
Sen. David VitterR-LA · Apr 5, 2011

Mr. President, America's illegal immigration problem is clearly way out of control. We can all agree that we desperately need to better protect our borders, ensure that only citizens and legal…

Tom Udall
Sen. Tom UdallD-NM · Apr 5, 2011

Mr. President, cell phones today are becoming ubiquitous and more essential to our everyday lives. Americans today have over 300 million wireless phones. We use these phones in new and innovative…

Pat Roberts
Sen. Pat RobertsR-KS · Apr 5, 2011

Mr. President, I rise today to address a health care concern that impacts all of us--access to health care. When you or your loved one is sick--the most important thing on earth is to fight for the…

Show 1 more
Pat Roberts
Sen. Pat RobertsR-KS · Apr 5, 2011

Mr. President, I rise today to address a health care concern that impacts all of us--access to health care. When you or your loved one is sick--the most important thing on earth is to fight for the…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued April 5, 2011

II

112th CONGRESS

1st Session

S. 733

IN THE SENATE OF THE UNITED STATES

April 5, 2011

Mr. Roberts (for himself and Ms. Stabenow) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare.

1.

Excluding customary prompt pay discounts from manufacturers to wholesalers from the average sales price for Medicare payments for drugs and biologicals

(a)

In general

Section 1847A(c)(3) of the Social Security Act (42 U.S.C. 1395w–3a(c)(3)) is amended—

(1)

in the first sentence, by inserting (other than customary prompt pay discounts extended to wholesalers) after prompt pay discounts; and

(2)

in the second sentence, by inserting (other than customary prompt pay discounts extended to wholesalers) after other price concessions.

(b)

Effective date

The amendments made by this section shall apply to drugs and biologicals that are furnished on or after January 1, 2012.