THE SENATE
THE THIRTIETH LEGISLATURE
REGULAR SESSION OF 2020
COMMITTEE
ON COMMERCE, CONSUMER PROTECTION, AND HEALTH
Senator Rosalyn H. Baker, Chair
Senator Stanley Chang, Vice-Chair
MEASURES DEFERRED TO FRIDAY, JANUARY 31, 2020
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DATE:
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Friday, January 31, 2020
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TIME:
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9:30 AM
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PLACE:
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Conference Room 229
State Capitol
415 South Beretania Street
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DECISION MAKING ON THE
FOLLOWING MEASURE(S):
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SB2226
Status and Testimony
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RELATING TO PHARMACY BENEFIT MANAGERS.
Establishes business practice and transparency reporting requirements for
pharmacy benefit managers. Replaces the registration requirement for
pharmacy benefit managers with a licensing requirement. Increases penalties
for violations of the pharmacy benefit managers law. Effective 1/1/2021.
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CPH, JDC
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SB2280
Status and Testimony
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RELATING TO PHARMACY BENEFIT MANAGERS.
Prohibits pharmacy benefit managers from engaging in self-serving business
practices. Replaces registration requirement with license requirement for
pharmacy benefit managers. Increases pharmacy benefit manager reporting
requirements to the insurance commissioner. Increases application and
renewal fees and penalties for failure to renew a license.
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CPH, JDC
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SB2276
Status and Testimony
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RELATING TO PRESCRIPTION DRUGS.
Requires drug manufacturers to notify prescription drug benefit plans and
pharmacy benefit managers if a proposed increase in the wholesale price of
certain drugs would result in a sixteen per cent or more price increase over
a two year period. Requires the drug manufacturer to identify and report to
the insurance commissioner information on certain drugs whose wholesale
acquisition cost increases by a certain amount during a specified time
frame. Imposes fines.
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CPH, JDC
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No testimony will be accepted.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and
measures that have been added are underscored. If a measure is both
underscored and stricken through, that measure has been deleted from the
agenda.
FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-6070.