summary
Introduced
02/02/2026
02/02/2026
In Committee
02/10/2026
02/10/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Creates the 340B Drug Pricing Program Reporting Act. On or before April 1, 2027 and each April 1 thereafter, requires a 340B covered entity to report the specified information and transactions to the Department of Public Health concerning the 340B covered entity's participation in or participation on behalf of the 340B covered entity in the federal 340B Program for the previous calendar year. On or before November 15, 2027 and each November 15 thereafter, requires the Department to prepare a report that aggregates the data submitted; submit the report to the General Assembly in an electronic format; and post the report on the Department's website. Provides that pharmaceutical manufacturers may request a 340B covered entity to provide specified information concerning the dispensation of 340B drugs. Sets forth provisions concerning penalties, exemptions for pharmaceutical manufacturers, and rulemaking. Provides that the Act is repealed on January 1, 2031. Effective immediately.
AI Summary
This bill, the 340B Drug Pricing Program Reporting Act, mandates that entities participating in the federal 340B Program, which provides discounted prescription drugs to certain healthcare organizations serving vulnerable populations, must report detailed financial and operational data to the Illinois Department of Public Health annually. Specifically, by April 1st each year starting in 2027, these "340B covered entities" (defined as eligible organizations with a service address in Illinois, including their associated sites) must submit information on their drug acquisition costs, patient payments, payments to contract pharmacies (pharmacies that dispense 340B drugs on behalf of a covered entity), how savings are used for charity care or community benefits, and overall operating and charity care costs. The Department will then compile this data into a public report by November 15th each year, which will be submitted to the General Assembly and posted online. The bill also allows pharmaceutical manufacturers to request specific dispensing information from 340B covered entities to verify proper use of 340B drugs and prevent issues like duplicate discounts or diversion, and sets penalties for non-compliance with reporting requirements. This Act is set to expire on January 1, 2031.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Added as Chief Co-Sponsor Sen. Mattie Hunter (on 02/19/2026)
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