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United States · Bill · S

S. 1348 (115th)

Stopping the Pharmaceutical Industry from Keeping Drugs Expensive (SPIKE) Act of 2017

referredUnited States· United States Congress· EN

Introduced

13 June 2017

Last action

13 June 2017 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Wyden, Ron [D-OR], Sen. Cardin, Benjamin L. [D-MD], Sen. Stabenow, Debbie [D-MI], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Carper, Thomas R. [D-DE], Sen. Coons, Christopher A. [D-DE], Sen. Tester, Jon [D-MT], Sen. Duckworth, Tammy [D-IL], Sen. Menendez, Robert [D-NJ], Sen. Heitkamp, Heidi [D-ND]

Subjects

Healthcare

Source updated

11 August 2025

Healthcare

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 13 June 2017

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 13 June 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 13 June 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 13 June 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 13 June 2017

    Open at official source

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Sponsors

Related records

Sources

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