Matheo Lassiter

egulated under Medicare. The bill proposes amending title XVIII of the Social Security Act to require drug manufacturers to provide inflation rebates for drugs sold in the commercial market, in addition to those sold through Medicare. One of the key provisions of the bill is changing the base year for calculating these rebates. Currently, drug manufacturers are required to provide rebates based on the average manufacturer price of drugs in 2016. The Prescription Drug Pricing Reform Act seeks to update this base year to reflect more recent pricing data, in order to ensure that rebates accurately reflect current market conditions. By applying inflation rebates to drugs sold in the commercial market, the bill aims to address rising prescription drug costs and ensure that Medicare beneficiaries are not paying more for their medications than necessary. This change could potentially lead to lower drug prices for consumers and reduce overall healthcare spending. Overall, the Prescription Drug Pricing Reform Act seeks to increase transparency and accountability in the pharmaceutical industry, while also working to make prescription drugs more affordable for all Americans.

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

A bill to amend title XVIII of the Social Security Act to apply prescription drug inflation rebates to drugs furnished in the commercial market and to change the base year for rebate calculations.

A bill to amend title XVIII of the Social Security Act to apply prescription drug inflation rebates to drugs furnished in the commercial market and to change the base year for rebate calculations.

Associated Legislation

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Policy Areas

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Potential Impact

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Sponsors and Supporters

Sen. Cortez Masto, Catherine [D-NV]

Sen. Cortez Masto, Catherine [D-NV]

Cosponsors and Supporters

Sen. Klobuchar, Amy [D-MN]

Sen. Wyden, Ron [D-OR]

Sen. Baldwin, Tammy [D-WI]

Sen. Reed, Jack [D-RI]

Sen. Smith, Tina [D-MN]

Sen. Blumenthal, Richard [D-CT]

Sen. King, Angus S., Jr. [I-ME]

Sen. Welch, Peter [D-VT]

Sen. Hickenlooper, John W. [D-CO]

Sen. Slotkin, Elissa [D-MI]

Sen. Gallego, Ruben [D-AZ]

Sen. Klobuchar, Amy [D-MN]

Sen. Wyden, Ron [D-OR]

Sen. Baldwin, Tammy [D-WI]

Sen. Reed, Jack [D-RI]

Sen. Smith, Tina [D-MN]

Sen. Blumenthal, Richard [D-CT]

Sen. King, Angus S., Jr. [I-ME]

Sen. Welch, Peter [D-VT]

Sen. Hickenlooper, John W. [D-CO]

Sen. Slotkin, Elissa [D-MI]

Sen. Gallego, Ruben [D-AZ]

Sen. Lujan, Ben Ray [D-NM]

Committees and Subcommittees

Finance Committee

Variations and Revisions

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ng in foreign adversary and sanctioned entities. The bill also requires disclosure of any existing investments in such entities. The main goal of this legislation is to ensure that retirement funds are not being used to support entities that are considered to be adversaries of the United States or that have been sanctioned by the government. By prohibiting investments in these entities and requiring disclosure of any current investments, the bill seeks to protect the interests of American workers and retirees. In addition to these provisions, the bill also includes other purposes related to the management and oversight of retirement funds. Overall, Bill 119 s 928 is focused on promoting transparency and accountability in the investment decisions made by retirement plans, with the ultimate goal of safeguarding the financial security of American workers.

Recent Activity

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Alternative Names

A bill to amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes.

A bill to amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes.

PARSA

PARSA

Protecting Americans’ Retirement Savings Act

A bill to amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes.

Associated Legislation

PARSA

Policy Areas

Labor and Employment

Potential Impact

Sponsors and Supporters

Sen. Banks, Jim [R-IN]

Sen. Banks, Jim [R-IN]

Sen. Banks, Jim [R-IN]

Sen. Banks, Jim [R-IN]

Sen. Banks, Jim [R-IN]

Cosponsors and Supporters

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Committees and Subcommittees

Health, Education, Labor, and Pensions Committee

Variations and Revisions

gross income limitation for above-the-line deduction of expenses for performing artist employees. This bill seeks to provide tax relief for performing artists by allowing them to deduct more of their work-related expenses from their taxable income. The current adjusted gross income limitation for above-the-line deductions for performing artists is set at $16,000. This bill proposes to increase that limitation, allowing performing artists to deduct a greater amount of their expenses from their taxable income. This change would provide financial relief for performing artists who often incur significant expenses related to their work, such as travel, costumes, and training. In addition to increasing the adjusted gross income limitation, the bill also includes provisions for other purposes related to tax relief for performing artists. These provisions aim to support the financial stability of performing artists and recognize the unique challenges they face in their line of work. Overall, the Performing Artist Tax Parity Act seeks to provide tax relief for performing artists by increasing the adjusted gross income limitation for above-the-line deductions of expenses. This bill aims to support the financial well-being of performing artists and recognize the important contributions they make to the cultural landscape of the United States.

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

A bill to amend the Internal Revenue Code of1986 to increase the adjusted gross income limitation for above-the-line deduction of expenses of performing artist employees, and for other purposes.

A bill to amend the Internal Revenue Code of1986 to increase the adjusted gross income limitation for above-the-line deduction of expenses of performing artist employees, and for other purposes.

A bill to amend the Internal Revenue Code of 1986 to increase the adjusted gross income limitation for above-the-line deduction of expenses of performing artist employees, and for other purposes.

A bill to amend the Internal Revenue Code of 1986 to increase the adjusted gross income limitation for above-the-line deduction of expenses of performing artist employees, and for other purposes.

Associated Legislation

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Policy Areas

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Potential Impact

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Sponsors and Supporters

Sen. Warner, Mark R. [D-VA]

Sen. Warner, Mark R. [D-VA]

Cosponsors and Supporters

Sen. Tillis, Thomas [R-NC]

Committees and Subcommittees

Finance Committee

Variations and Revisions

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er programs administered by the Social Security Administration or the Centers for Medicare and Medicaid Services. The bill seeks to ensure that these vital benefits remain intact and protected from any potential cuts or reductions. The legislation is designed to provide peace of mind to seniors and individuals who rely on these programs for their financial security and healthcare needs. By preventing any changes that could negatively impact these benefits, the bill aims to uphold the commitment made to seniors and vulnerable populations who depend on these programs for their well-being. Overall, Bill 119 HR 1950 is focused on preserving and protecting the benefits provided under Social Security, Medicare, and other programs administered by the Social Security Administration or the Centers for Medicare and Medicaid Services. It underscores the importance of ensuring that these essential benefits remain stable and accessible to those who rely on them for their livelihood and healthcare.

Recent Activity

Referred to the House Committee on Rules.

Alternative Names

To protect benefits provided under Social Security, Medicare, and any other program of benefits administered by the Social Security Administration or the Centers for Medicare and Medicaid Services.

To protect benefits provided under Social Security, Medicare, and any other program of benefits administered by the Social Security Administration or the Centers for Medicare and Medicaid Services.

Protect Social Security and Medicare Act

Protect Social Security and Medicare Act

To protect benefits provided under Social Security, Medicare, and any other program of benefits administered by the Social Security Administration or the Centers for Medicare and Medicaid Services.

Associated Legislation

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Policy Areas

Social Welfare

Potential Impact

Sponsors and Supporters

Rep. Pocan, Mark [D-WI-2]

Rep. Pocan, Mark [D-WI-2]

Rep. Pocan, Mark [D-WI-2]

Rep. Pocan, Mark [D-WI-2]

Rep. Pocan, Mark [D-WI-2]

Cosponsors and Supporters

Rep. Doggett, Lloyd [D-TX-37]

Rep. Frost, Maxwell [D-FL-10]

Rep. Doggett, Lloyd [D-TX-37]

Rep. Frost, Maxwell [D-FL-10]

Del. Norton, Eleanor Holmes [D-DC-At Large]

Committees and Subcommittees

Rules Committee

Variations and Revisions