Legislation - SB0303

Title: Pharmacy Benefits Managers - Definition of Purchaser and Alteration of Application of Law
Sponsored by: Senator Lam
Status: In the Senate - First Reading Finance
Analysis

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

Details

Cross-filed with: HB0321

Introduced in a prior session as: HB0726 Session: 2024 Regular Session

Bill File Type: Regular

Effective Date(s): January 1, 2026

History

Legislation History
Chamber Senate Calendar Date 1/13/2025 Legislative Date 1/13/2025 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	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/13/2025	1/13/2025	First Reading Finance
			Text - First - Pharmacy Benefits Managers - Definition of Purchaser and Alteration of Application of Law

File Code

Subjects

Statutes