Page:116th United States Congress H. Res.4663 (1st session) - Freedom from Price Gouging Act.pdf/3

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“(iii) The rebate amount specified under such paragraph for such part B rebatable drug and calendar quarter.

“(B) Manufacturer requirement.—For each calendar quarter beginning on or after July 1, 2021, the manufacturer of a part B rebatable drug shall, for such drug, not later than 30 days after the date of receipt from the Secretary of the information described in sub-paragraph (A) for such calendar quarter, provide to the Secretary a rebate that is equal to the amount specified in paragraph (3) for such drug for such calendar quarter.

“(2) Part b rebatable drug defined.—

“(A) In general.—In this subsection, the term ‘part B rebatable drug’ means a single source drug or biological (as defined in sub-paragraph (D) of section 184TA(c)(6)), including a biosimilar biological product (as defined in subparagraph (H) of such section), paid for under this part, except such term shall not include such a drug or biological—

“(i) if the average total allowed charges for a year per individual that uses such a drug or biological, as determined by

·HR 4663 TH