S 1450 118th Congress Senate Health

Cutting Medicare Prescription Drug Prices in Half Act

Introduced: May 4, 2023 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 4, 2023

Introduced in Senate

May 4, 2023

Read twice and referred to the Committee on Finance.

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Plain-English summary Congressional Research Service

Cutting Medicare Prescription Drug Prices in Half Act

This bill caps the cost of prescription drugs under Medicare at the amount that the Department of Veterans Affairs or the General Services Administration pays for the drug, whichever is lower.

What's happening now May 4, 2023

Read twice and referred to the Committee on Finance.

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Finance Committee
Senate

Cosponsors 1

Klobuchar, Amy

Minnesota · May 4, 2023

Cite this page click to expand

APA

U.S. Congress. (2026). S. 1450: Cutting Medicare Prescription Drug Prices in Half Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-1450/

MLA

"S. 1450: Cutting Medicare Prescription Drug Prices in Half Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-1450/.

Bluebook (legal)

S. 1450, 118th Cong. (2026), https://openamerica.io/bill/118-S-1450/.

Markdown link

[S. 1450: Cutting Medicare Prescription Drug Prices in Half Act](https://openamerica.io/bill/118-S-1450/)