An original bill to amend titles XI, XVIII, and XIX of the Social Security Act to lower prescription drug prices in the Medicare and Medicaid programs, to improve transparency related to pharmaceutical prices and transactions, to lower patients' out-of-pocket costs, and to ensure accountability to taxpayers, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Senior Senator for Iowa. Republican.
Last Updated: Sep 25, 2019
Length: 232 pages
116th Congress (2019–2021)
This bill was introduced on September 25, 2019, in a previous session of Congress, but it did not receive a vote.
What legislators are saying
“Grassley Statement on House Prescription Drug Bill CBO Score”
— Sen. Charles “Chuck” Grassley [R-IA] (Sponsor) on Oct 11, 2019
What stakeholders are saying
Sep 25, 2019
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Sep 25, 2019
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee. The Senate Committee on Finance issued the report which may provide insight into the purpose of the legislation.
S. 2543 (116th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number S. 2543. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2021). S. 2543 — 116th Congress: Prescription Drug Pricing Reduction Act of 2019. Retrieved from https://www.govtrack.us/congress/bills/116/s2543
“S. 2543 — 116th Congress: Prescription Drug Pricing Reduction Act of 2019.” www.GovTrack.us. 2019. August 6, 2021 <https://www.govtrack.us/congress/bills/116/s2543>
Prescription Drug Pricing Reduction Act of 2019, S. 2543, 116th Cong..
|title=S. 2543 (116th)
|accessdate=August 6, 2021
|author=116th Congress (2019)
|date=September 25, 2019
|quote=Prescription Drug Pricing Reduction Act of 2019
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.