340B Covered Entity Commitment to Good Stewardship Principles Annual Report; definition of covered entity; report. Directs the nonprofit organization, as defined by § 32.1-276.3 of the Code of Virginia, to create a standardized reporting form that requires each covered each hospital described in § 340B(a)(4) of the federal Public Health Service Act, 42 U.S.C. § 256B(a)(4), to disclose certain information about its 340B Drug Pricing Program savings and the use of such savings. Under the bill, each hospital that participates in the 340B Drug Pricing Program shall submit such form, to be known as the 340B Covered Entity Commitment to Good Stewardship Principles Annual Report, to the nonprofit organization annually by February 1 for the previous calendar year. The bill directs the nonprofit organization to post such annual reports on its website.