Makes it a felony to price gouge prescriptions or pharmaceuticals in time of a shortage.

RI Bill Summary: Price Gouging of Prescription Drugs

This bill would make it illegal — and specifically a felony crime — for anyone to dramatically raise the prices of prescription drugs or other pharmaceutical products during a shortage. The idea is to prevent sellers, manufacturers, or distributors from taking advantage of situations where medications are scarce by charging prices that are far higher than normal. If passed, this law would apply during officially recognized shortage periods when certain drugs are harder to find or obtain.

People who could be affected include pharmacies, drug distributors, wholesalers, and manufacturers operating in Rhode Island. Everyday Rhode Islanders who depend on prescription medications — particularly during public health emergencies or supply chain disruptions — would be the intended beneficiaries of this protection. Because violators would face felony charges, the penalties would be more serious than a simple fine, potentially including prison time, though the exact penalties would depend on how the final law is written.

Currently, the bill has been introduced in the Rhode Island House and referred to the House Judiciary Committee, which has recommended it be held for further study. This means lawmakers are not yet ready to move it forward and want more time to examine the details. A hearing is scheduled for January 29, 2026, where it may receive additional consideration and public input before any further action is taken.