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Sixty-ninth Legislative Assembly of North Dakota In Regular Session Commencing Tuesday, January 7, 2025 HOUSE BILL NO. 1543 (Representatives Meier, K. Anderson, Bolinske, Dobervich, Frelich, Heinert, Holle, Rohr, Weisz) (Senators Cleary, Dever, Hogan) AN ACT to provide for a legislative management study regarding prescription drug pricing and the maximum fair price as determined by the federal government. BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA: SECTION 1. LEGISLATIVE MANAGEMENT STUDY - PRESCRIPTION DRUG PRICING. 1. During the 2025-26 interim, the legislative management shall consider studying prescription drug pricing and the maximum fair price for a drug as published by the secretary of the United States department of health and human services. 2. The study must include consideration of federal drug price negotiations under the Federal Inflation Reduction Act of 2022 [Pub. L. 117-169; 26 U.S.C. 55 et seq.] and overlap with current drugs paid for by the public employees retirement system to determine usage and potential cost-savings to the state and consumers. 3. The study must include input from: a. The public employees retirement system; b. The insurance commissioner; c. The state board of pharmacy; and d. Other stakeholders. 4. The legislative management shall report its findings and recommendations, together with any legislation necessary to implement the recommendations, to the seventieth legislative assembly. H. B. NO. 1543 - PAGE 2 ____________________________ Speaker of the House ____________________________ President of the Senate ____________________________ Chief Clerk of the House ____________________________ Secretary of the Senate This certifies that the within bill originated in the House of Representatives of the Sixty-ninth Legislative Assembly of North Dakota and is known on the records of that body as House Bill No. 1543. House Vote: Senate Vote: Yeas 89 Yeas 44 Nays 4 Nays 1 Absent 1 Absent 2 ____________________________ Chief Clerk of the House Received by the Governor at ________M. on _____________________________________, 2025. Approved at ________M. on __________________________________________________, 2025. ____________________________ Governor Filed in this office this ___________day of _______________________________________, 2025, at ________ o’clock ________M. ____________________________ Secretary of State
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