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

HB23-1227 - Referred to Senate Appropriations

Colorado General Assembly