BillTrack50 logo
Free Signup Login
Bill

Bill > HB1227

CO HB1227

CO HB1227
Enforce Laws Against Pharmacy Benefit Managers

summary

Introduced
03/02/2023
In Committee
04/28/2023
Crossed Over
05/05/2023
Passed
05/05/2023
Dead
Signed/Enacted/Adopted
05/10/2023

Introduced Session

2023 Regular Session

Bill Summary

CONCERNING THE ENFORCEMENT OF REQUIREMENTS IMPOSED ON PHARMACY BENEFIT MANAGERS, AND, IN CONNECTION THEREWITH, MAKING AN APPROPRIATION.

AI Summary

This bill establishes a registration requirement for Pharmacy Benefit Managers (PBMs) doing business in Colorado, allowing the Insurance Commissioner to regulate and enforce compliance with existing laws governing PBM practices. The bill grants the Commissioner authority to impose penalties or other remedies against PBMs that fail to comply with requirements related to pharmacy contracts, pricing transparency, formulary changes, and audits. The bill also appropriates funds to the Division of Insurance to implement and enforce these provisions.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (37)

Sonya Jaquez Lewis (D)*,  Iman Jodeh (D)*,  David Ortiz (D)*,  Perry Will (R)*,  Judy Amabile (D),  Jennifer Bacon (D),  Andrew Boesenecker (D),  Kyle Brown (D),  Janet Buckner (D),  Lisa Cutter (D),  Lindsey Daugherty (D),  Regina English (D),  Elisabeth Epps (D),  Rhonda Fields (D),  Serena Gonzales-Gutierrez (D),  Eliza Hamrick (D),  Leslie Herod (D),  Chris Kennedy (D),  Cathy Kipp (D),  Sheila Lieder (D),  Mandy Lindsay (D),  Javier Mabrey (D),  Bob Marshall (D),  Julie McCluskie (D),  Dominick Moreno (D),  Kevin Priola (D),  Robert Rodriguez (D),  Said Sharbini (D),  Emily Sirota (D),  Tammy Story (D),  Brianna Titone (D),  Alex Valdez (D),  Elizabeth Velasco (D),  Stephanie Vigil (D),  Michael Weissman (D),  Faith Winter (D),  Steven Woodrow (D), 

Last Action

Governor Signed (on 05/10/2023)

bill text

bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://leg.colorado.gov/bills/hb23-1227
Fiscal Note FN4 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1227_f1.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1227_enr.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1227_rer.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1227_rev.pdf
Fiscal Note/Analysis - Budget Staff Analysis SA2 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1227_sen.pdf
Fiscal Note FN3 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1227_r2.pdf
Senate Health & Human Services Amendment L.006 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/974E2CEC208E7D128725899700785264/HB1227_L.006.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1227_ren.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1227_eng.pdf
Second Reading Amendment L.003 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/32B6741826549A838725897A0075D87A/HB1227_L.003.pdf
Second Reading Amendment L.004 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/5ADD92F267DB655C8725898E0002DC4B/HB1227_L.004.pdf
Second Reading Amendment L.002 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/D3B4000CBA21F8A58725897B0050F29D/HB1227_L.002.pdf
House Appropriations Amendment J.001 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/B05290CA7E1A7B7B87258980005FF6FC/HB1227_J.001.pdf
Fiscal Note/Analysis - Budget Staff Analysis SA1 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1227_hse.pdf
Fiscal Note FN2 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1227_r1.pdf
House Health & Insurance Amendment L.001 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2023A/amendments/54E27E0FD9FEDB7B8725896F00806984/HB1227_L.001.pdf
Fiscal Note FN1 https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1227_00.pdf
BillText https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1227_01.pdf
Loading...