,,ii  #aai? ,,congress  #b;d ,session   
,s4 #cgbi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,janu>y #bi1 #bjbf,mr4 
,w>n] 7= himself1 ,mr4 ,tillis1 ,ms4    
,cortez ,ma/o1 & ,mr4 ,m>%all7 introduc$
 ! foll[+ bill2 :i* 0 read twice &      
ref]r$ to ! ,committee on ,f9ance  ,a   
,,bill  ,to require ! ,m$ic>e ,paym5t   
,advisory ,commission 7,med,p,a,c7      
submit to ,congress two reports on      
agreem5ts ) ph>macy b5efit manag]s )    
respect to prescription drug plans &    
,,ma-,,pd plans4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,,pbm ,report+     
,transp>5cy ,act4  #b4 ,med,p,a,c       
reports on agreem5ts ) ph>macy b5efit   
manag]s ) respect to prescription drug  
plans & ,,ma-,,pd plans ,! ,m$ic>e      
,paym5t ,advisory ,commission %all      
submit to ,congress ! foll[+ reports3   
7#a7 ,initial report ,n lat] ?an ! fir/ 
,m>* #ae occurr+ aft] ! date t is #b    
ye>s aft] ! date on :i* ! ,secret>y     
makes ! data available to ! ,commission1
 a report reg>d+ agreem5ts ) ph>macy    

b5efit manag]s ) respect to prescription
 drug plans & ,,ma-,,pd plans4 ,su*     
report %all include1 to ! ext5t         
practicable-- 7,a7 a description ( tr5ds
 & patt]ns1 includ+ relevant av]ages1   
totals1 & o!r figures = ! types (       
in=mation submitt$2  7,b7 an analysis ( 
any diff]5ces 9 agreem5ts & _! effects  
on plan enrollee out-(-pocket sp5d+ &   
av]age ph>macy reimbursem5t1 & o!r      
impacts2 &  7,c7 any recomm5dations !   
,commission det]m9es appropriate4  7#b7 
,f9al report ,n lat] ?an #b ye>s aft] ! 
date on :i* ! ,commission submits !     
initial report "u p>agraph 7#a71 a      
report describ+ any *anges ) respect to 
! in=mation describ$ 9 p>agraph 7#a7 ov]
 "t1 toge!r ) any recomm5dations !      
,commission det]m9es appropriate4