96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5474

 

Introduced 2/5/2010, by Rep. Mary E. Flowers

 

SYNOPSIS AS INTRODUCED:
 
410 ILCS 620/25.5 new

    Amends the Illinois Food, Drug and Cosmetic Act. Provides that notwithstanding any law to the contrary, no prescription drug that was manufactured in a country other the United States of America may be sold within this State at a price that exceeds 135% of the price for which that drug is sold within the country in which it was manufactured.


LRB096 19116 ASK 34507 b

CORRECTIONAL BUDGET AND IMPACT NOTE ACT MAY APPLY
FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5474 LRB096 19116 ASK 34507 b

1     AN ACT concerning drug prices.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Food, Drug and Cosmetic Act is
5 amended by adding Section 25.5 as follows:
 
6     (410 ILCS 620/25.5 new)
7     Sec. 25.5. Fair drug pricing. Notwithstanding any law to
8 contrary, no prescription drug that was manufactured in a
9 country other the United States of America may be sold within
10 this State at a price that exceeds 135% of the price for which
11 it is sold within the country in which it was manufactured.