Legislation - SB0626

Title: Pharmacy Benefits Managers - Definition of Purchaser and Alteration of Application of Law
Sponsored by: Senators Ready, Hershey, Lam, and Mautz
Status: In the Senate - Hearing 2/28 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering the definition of "purchaser" for the purpose of certain provisions of State insurance law governing pharmacy benefits managers to exclude certain nonprofit health maintenance organizations; and repealing certain provisions that restrict applicability of certain provisions of law to pharmacy benefits managers that provide pharmacy benefits management services on behalf of a carrier.

Committees

Original:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0726

Introduced in a prior session as: HB0357 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): January 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/26/2024 Legislative Date 1/26/2024 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Pharmacy Benefits Managers - Definition of Purchaser and Alteration of Application of Law Proceedings
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action Hearing 2/28 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/26/2024	1/26/2024	First Reading Finance
			Text - First - Pharmacy Benefits Managers - Definition of Purchaser and Alteration of Application of Law
Senate	2/02/2024	2/02/2024	Hearing 2/28 at 1:00 p.m.

File Code

Subjects

Statutes