United States · Bill · S
S. 1348 (115th)
Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2017
Introduced
13 June 2017
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
11 August 2025
Summary
Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2017 This bill amends title XI (General Provisions) of the Social Security Act to require manufacturers of drugs with specified percentage increases in their wholesale costs to submit to the Centers for Medicare & Medicaid Services (CMS) written justification for certain increases in drug prices. The CMS shall publish each submission, together with an easily understandable summary, on its website. Certain proprietary information may be excluded from publication, as specified by the bill. A manufacturer that does not comply with the bill's requirements shall be subject to civil monetary penalties.
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Votes
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 13 June 2017
Introduced in Senate (PDF)
Introduced in Senate · EN · 13 June 2017
Introduced in Senate
summary · EN · 13 June 2017
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/1348
- Open data entity: https://api.congress.gov/v3/bill/115/s/1348