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91st General Assembly · Funnel one-pager · Monday, November 9, 2026

SF 264: Relating to prescription drug affordability, including the creation of a prescription drug affordability board

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

What it does

This bill relates to prescription drug affordability measures, including the creation of a prescription drug affordability board. The bill provides definitions used in the bill. The bill creates the prescription drug affordability board (board) for the purpose of protecting stakeholders within the health care system from the high costs of prescription drug products (product or products). The bill provides for the membership and functioning of the board; the hiring of an executive director and other staff for the board; salaries, per diems, and reimbursement of expenses of the executive director, general counsel, staff, and members; and other provisions that apply to the meetings of the board.

Sponsors

Sen. Liz Bennett (D), Sen. Matt Blake (D), Sen. Molly Donahue (D), Sen. William A. Dotzler Jr. (D), Sen. Sarah Trone Garriott (D), Sen. Janet Petersen (D), Sen. Art Staed (D), Sen. Thomas Townsend (D), Sen. Cindy Winckler (D), Sen. Mike Zimmer (D)

Cost

No fiscal note

Senate subcommittee · named February 18, 2025

  • Sen. Mike Klimesh (R) · mike.klimesh@legis.iowa.gov
  • Sen. Claire Celsi (D)
  • Sen. Mark Costello (R) · mark.costello@legis.iowa.gov

Lobbying · 2 for, 0 against

For: Iowa Integrated Health Planning and Advisory Council; Wellmark, Inc.

In plain words

  1. February 11, 2025Filed in the Senate and sent to the Health and Human Services committee
  2. February 18, 2025Senate subcommittee named: Klimesh, Celsi and Costello

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/91/SF264