 In June 2019, Gillibrand was one of eight senators to cosponsor the Territories Health Equity Act of 2019, legislation that would remove the cap on annual federal Medicaid funding and increase federal matching rate for Medicaid expenditures of territories along with more funds being provided for prescription drug coverage to low-income seniors in an attempt to equalize funding for American territories Puerto Rico, the Virgin Islands, Guam, American Samoa and the Northern Mariana Islands with that of U.S. states.In June 2019, Gillibrand was one of fifteen senators to introduce the Affordable Medications Act, legislation intended to promote transparency through mandating pharmaceutical companies disclose the amount of money going toward research and development in addition to both marketing and executives' salaries.The bill also abolished the restriction that stopped the federal Medicare program from using its buying power to negotiate lower drug prices for beneficiaries and hinder drug company monopoly practices used to keep prices high and disable less expensive generics entering the market.