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Glossary of Legislative Terms

SB 1412: Prescription Drugs

GENERAL BILL by Fasano

Prescription Drugs; Citing this act as the "Prescription Drug Access and Pricing Protection Act"; prohibiting a person engaged in distribution of prescription drugs from selling prescription drugs below wholesale cost to a pharmacy provider at an outlet if such sale injures competition; prohibiting a prescription drug wholesaler or distributor from selling a prescription drug to a retail pharmacy at a price that is below the price charged by the wholesaler or distributor under written contract of a like brand and quality of the prescription drug under certain circumstances; prohibiting a person engaged in distributing prescription drugs from reselling or knowingly receiving for resale any prescription drugs at a price lower than the price at which the seller contemporaneously sells prescription drugs of like brand and quality to another retail outlet on the same level of distribution, in the same class of trade, and within the same relevant geographic market as the purchaser, etc.

Effective Date: 7/1/2012
 Last Action: 3/9/2012 Senate - Died in Health Regulation
Bill Text: Web Page | PDF
Senate Committee References:
  1. Health Regulation (HR)
  2. Judiciary (JU)
  3. Budget (BC)


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Bill History

Date Chamber Action
1/3/2012 Senate • Filed
1/13/2012 Senate • Referred to Health Regulation; Judiciary; Budget -SJ 152
• Introduced -SJ 152
3/9/2012 Senate • Died in Health Regulation