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7862DEAB7F4DF89B8725899D00017D63 Hearing Summary




PUBLIC
BILL SUMMARY For HB23-1227

SENATE COMMITTEE ON FINANCE
Date Apr 25, 2023      
Location SCR 357



HB23-1227 - Referred to Senate Appropriations


06:16:22 PM  
The committee took a brief recess.
06:20:41 PM  
The committee came
back to order.  Sens. Will and Jaquez Lewis introduced House Bill
23-1227. The bill allows the Commissioner of Insurance to enforce existing
state laws regulating pharmacy benefit managers and impose penalties, and
establishes a fee-based registration program for these entities.  
06:28:07 PM  
Mr. Tony Gagliardi, representing the National Federation of Independent Business, testified in support of the bill.
06:29:22 PM  
The sponsors gave some closing remarks.


06:30:01 PM
Motion Refer House Bill 23-1227 to the Committee on Appropriations.
Moved Kolker
Seconded
Hansen Yes
Priola Yes
Simpson No
Smallwood No
Van Winkle No
Kolker Yes
Mullica Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details