119-s3019

S
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No Big Blockbuster Bailouts Act

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Introduced:
Oct 21, 2025

Bill Statistics

2
Actions
2
Cosponsors
0
Summaries
0
Subjects
1
Text Versions
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Latest Action

Oct 21, 2025
Read twice and referred to the Committee on Finance.

Actions (2)

Read twice and referred to the Committee on Finance.
Type: IntroReferral | Source: Senate
Oct 21, 2025
Introduced in Senate
Type: IntroReferral | Source: Library of Congress | Code: 10000
Oct 21, 2025

Cosponsors (2)

Text Versions (1)

Introduced in Senate

Oct 21, 2025

Full Bill Text

Length: 2,725 characters Version: Introduced in Senate Version Date: Oct 21, 2025 Last Updated: Nov 14, 2025 6:05 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3019 Introduced in Senate

(IS) ]

<DOC>

119th CONGRESS
1st Session
S. 3019

To amend title XI of the Social Security Act to provide for the
treatment of orphan drugs under the Medicare Drug Price Negotiation
Program.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

October 21, 2025

Mr. Welch (for himself, Mr. Wyden, and Ms. Cortez Masto) introduced the
following bill; which was read twice and referred to the Committee on
Finance

_______________________________________________________________________

A BILL

To amend title XI of the Social Security Act to provide for the
treatment of orphan drugs under the Medicare Drug Price Negotiation
Program.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``No Big Blockbuster Bailouts Act''.
SEC. 2.
NEGOTIATION PROGRAM.

(a) In General.--
Section 1192 (e) of the Social Security Act (42 U.

(e) of the Social Security Act (42
U.S.C. 1320f-1

(e) ) is amended--

(1) in paragraph

(1) , in the matter preceding subparagraph
(A) , by striking ``through

(4) '' and inserting ``and

(3) '';

(2) in paragraph

(3) --
(A) by striking subparagraph
(A) ;
(B) by redesignating subparagraphs
(B) and
(C) as
subparagraphs
(A) and
(B) , respectively; and
(C) in subparagraph
(A)
(iii) , as redesignated by
subparagraph
(B) of this paragraph, by striking ``with
respect to'' and inserting ``subject to paragraph

(4) ,
with respect to''; and

(3) by striking paragraph

(4) and inserting the following
new paragraph:
``

(4) Treatment of orphan drugs.--In the case of a drug
that is designated as a drug for one or more rare diseases or
conditions and for which the only approved indication (or
indications) is for one or more such rare diseases or
conditions (as such term is defined in
section 526 (a) (2) of the Federal Food, Drug, and Cosmetic Act), paragraph (3) (A) shall be applied by substituting `$400,000,000' for `$200,000,000' in clause (i) of such paragraph.

(a)

(2) of the
Federal Food, Drug, and Cosmetic Act), paragraph

(3)
(A) shall
be applied by substituting `$400,000,000' for `$200,000,000' in
clause
(i) of such paragraph.''.

(b) Application.--The amendments made by subsection

(a) shall apply
with respect to initial price applicability years (as defined in
section 1191 (b) of the Social Security Act (42 U.

(b) of the Social Security Act (42 U.S.C. 1320f

(b) ))
beginning on or after January 1, 2028.
<all>