Bills · 2019-2020 Regular Session
Relating to: regulating the sale of prescription drugs below cost. (FE)
Drugs Drugs — Criminal acts and law enforcement Trade practice
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, 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, also known as the “minimum markup law,” prohibits
retailers and wholesalers from selling merchandise, including prescription drugs,
for less than the cost of the merchandise to the seller. Under the bill, the prohibition
on below-cost sales does not apply to prescription drugs.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Apr 9, 2019 · Assembly
Introduced by Representatives Ott, Skowronski, Kolste, C. Taylor, Sinicki and Sargent; cosponsored by Senators Carpenter, Kooyenga, Bernier, Feyen, Risser, Jacque and L. Taylor
- Apr 9, 2019 · Assembly
Read first time and referred to Committee on Medicaid Reform and Oversight
- Apr 22, 2019 · Assembly
Fiscal estimate received
- Apr 1, 2020 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1