Bills · 2017-2018 Regular Session
Relating to: the minimum sale price of prescription drugs. (FE)
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill exempts prescription drugs from the Unfair Sales Act. Under current
law, the Unfair Sales Act or “minimum markup law” prohibits “
loss leaders" or
wholesale and retail sales of merchandise at a price below the cost of the merchandise
to the seller. Under the bill, that prohibition does not apply to prescription drugs.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 21, 2017 · Senate
Introduced by Senators Carpenter and Risser; cosponsored by Representatives Bernier, Kolste, Zamarripa, Jacque, Anderson, Berceau, Billings, Young, C. Taylor and Sargent
- Feb 21, 2017 · Senate
Read first time and referred to Committee on Agriculture, Small Business and Tourism
- Mar 15, 2017 · Senate
Fiscal estimate received
- Mar 28, 2018 · Senate
Failed to pass pursuant to Senate Joint Resolution 1