# Virginia HB1724: Prescription Drug Affordability Board; established, drug cost affordability review, report.

Virginia HB1724, Prescription Drug Affordability Board; established, drug cost affordability review, report., is a 2025 Regular Session House bill sponsored by Karrie K. Delaney (Democratic); status to governor, last action 2025-04-02 (House sustained Governor's veto) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB1724-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1724
- State: Virginia
- Session: 2025 Regular Session
- Title: Prescription Drug Affordability Board; established, drug cost affordability review, report.
- Status: to governor
- Chamber: House
- Introduced: 2025-01-04
- Last action: 2025-04-02, House sustained Governor's veto
- Sponsor: Karrie K. Delaney (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 11 (284 yes, 148 no in all)
- Economic provisions PRIA read: 0

## Summary

Prescription Drug Affordability Board established; drug cost affordability review. Establishes the Prescription Drug Affordability Board for the purpose of protecting the citizens of the Commonwealth and other stakeholders within the health care system from the high costs of prescription drug products. The bill requires the Board to meet in open session at least four times annually, with certain exceptions and requirements enumerated in the bill. Members of the Board are required to disclose any conflicts of interest, as described in the bill. The bill also creates a stakeholder council for the purpose of assisting the Board in making decisions related to drug cost affordability. The bill tasks the Board with identifying prescription, generic, and other drugs, as defined in the bill, that are offered for sale in the Commonwealth and, at the Board's discretion, conducting an affordability review of any prescription drug product. The bill lists factors for the Board to consider that indicate an affordability challenge for the health care system in the Commonwealth or high out-of-pocket costs for patients. The bill also provides that any person aggrieved by a decision of the Board may request an appeal of the Board's decision and that the Attorney General has authority to enforce the provisions of the bill. The bill provides that the Board shall establish no more than 12 upper payment limit amounts annually between July 1, 2026, and January 1, 2029.The bill requires the Board to annually report its findings and recommendations to the General Assembly, beginning on December 31, 2026. Provisions of the bill apply to state-sponsored and state-regulated health plans and health programs and obligate such policies to limit drug payment amounts and reimbursements to an upper payment limit amount set by the Board, if applicable, following an affordability review. The bill specifies that Medicare Part D plans are not bound by such decisions of the Board.The bill also requires the nonprofit organization contracted by the Department of Health to provide prescription drug price transparency to provide the Board access to certain data reported by manufacturers. The bill has a delayed effective date of July 1, 2026.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Karrie K. Delaney (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-19 | House | Senate substitute agreed to by House | pass | 52 | 45 |   |
| 2025-02-18 | Senate | Passed Senate with substitute | pass | 26 | 14 |   |
| 2025-02-18 | Senate | Reconsideration of Senate passage agreed to by Senate | pass | 40 | 0 |   |
| 2025-02-18 | Senate | Passed Senate with substitute | pass | 24 | 16 |   |
| 2025-02-17 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 39 | 0 |   |
| 2025-02-14 | Senate | Reported from Finance and Appropriations with substitute | pass | 10 | 4 |   |
| 2025-02-10 | Senate | Reported from Commerce and Labor and rereferred to Finance and Appropriations | pass | 10 | 5 |   |
| 2025-01-31 | House | Read third time and passed House | pass | 52 | 44 |   |
| 2025-01-27 | House | Reported from Appropriations | pass | 14 | 8 |   |
| 2025-01-24 | House | Subcommittee recommends reporting | pass | 5 | 2 | 1 |
| 2025-01-14 | House | Reported from Labor and Commerce and referred to Appropriations | pass | 12 | 10 |   |

## Actions (35)

- 2025-04-02: House sustained Governor's veto (House)
- 2025-03-24: Vetoed by Governor (Governor)
- 2025-03-11: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor)
- 2025-03-11: Enrolled Bill communicated to Governor on March 11, 2024 (House)
- 2025-03-10: Signed by President (Senate)
- 2025-03-07: Fiscal Impact Statement from Department of Planning and Budget (HB1724) (House)
- 2025-03-07: Enrolled (House)
- 2025-03-07: Signed by Speaker (House)
- 2025-02-19: Fiscal Impact Statement from Department of Planning and Budget (HB1724) (House)
- 2025-02-19: Senate substitute agreed to by House (52-Y 45-N) (House)
- 2025-02-18: Passed Senate with substitute (26-Y 14-N) (Senate)
- 2025-02-18: Reconsideration of Senate passage agreed to by Senate (Senate)
- 2025-02-18: Passed Senate with substitute (24-Y 16-N) (Senate)
- 2025-02-18: Engrossed by Senate - committee substitute (Senate)
- 2025-02-18: Finance and Appropriations Substitute agreed to (Senate)
- 2025-02-18: Read third time (Senate)
- 2025-02-18: Reading of substitute waived (Senate)
- 2025-02-17: Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N) (Senate)
- 2025-02-17: Passed by for the day (Senate)
- 2025-02-17: Rules suspended (Senate)
- 2025-02-14: Reported from Finance and Appropriations with substitute (10-Y 4-N) (Senate)
- 2025-02-14: Committee substitute printed 25107574D-S1 (Senate)
- 2025-02-10: Reported from Commerce and Labor and rereferred to Finance and Appropriations (10-Y 5-N) (Senate)
- 2025-02-03: Referred to Committee on Commerce and Labor (Senate)
- 2025-02-03: Constitutional reading dispensed (on 1st reading) (Senate)
- 2025-01-31: Read third time and passed House (52-Y 44-N) (House)
- 2025-01-30: Read second time and engrossed (House)
- 2025-01-29: Read first time (House)
- 2025-01-27: Reported from Appropriations (14-Y 8-N) (House)
- 2025-01-24: Subcommittee recommends reporting (5-Y 2-N) (House)
- 2025-01-21: Fiscal Impact Statement from Department of Planning and Budget (HB1724) (House)
- 2025-01-15: Assigned Approps sub: Health & Human Resources (House)
- 2025-01-14: Reported from Labor and Commerce and referred to Appropriations (12-Y 10-N) (House)
- 2025-01-04: Referred to Committee on Labor and Commerce (House)
- 2025-01-04: Prefiled and ordered printed; Offered 01-08-2025 25100998D (House)

## Bill text

- Veto Explanation, 2025-03-24: [HTML](https://lis.blob.core.windows.net/files/1072865.HTML)
- Enrolled, 2025-03-07: [HTML](https://lis.blob.core.windows.net/files/1064301.HTML), [PDF](https://lis.blob.core.windows.net/files/1064300.PDF)
- Substitute, 2025-02-17: [HTML](https://lis.blob.core.windows.net/files/1054375.HTML), [PDF](https://lis.blob.core.windows.net/files/1054374.PDF)
- Introduced, 2025-01-04: [HTML](https://lis.blob.core.windows.net/files/1012893.HTML), [PDF](https://lis.blob.core.windows.net/files/1012892.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Veto Explanation (HTML)](https://lis.blob.core.windows.net/files/1072865.HTML)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1064301.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1064300.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1054375.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1054374.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1012893.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1012892.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB1724-2025 (as of 2026-10-17).
