Virginia Senate Bill 252 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 2 2020 - 25% progression, died in chamber
Action: 2020-01-27 - Incorporated by Commerce and Labor
Text: Latest bill text (Prefiled) [HTML]

Pharmacy benefit managers; licensure and regulation. Provides that, beginning January 1, 2021, no person is authorized to provide pharmacy benefit management services or otherwise act as a pharmacy benefit manager without first obtaining a license from the State Corporation Commission. Such licenses are to be renewed annually. The bill prohibits a pharmacy benefit manager from participating in spread pricing, defined in the bill, and provides that except for any agreed-upon administrative fee, all funds, including any rebates received by the pharmacy benefit manager in relation to providing pharmacy benefit management services for a carrier, will be distributed to the carrier.

Pharmacy benefit managers; licensure and regulation.

Sen. John Edwards [D]

2020-01-27 - Senate - Senate: Incorporated by Commerce and Labor (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2020-01-27	Senate	Incorporated by Commerce and Labor
2020-01-15	Senate	Assigned C&L sub: Health Insurance
2020-01-02	Senate	Referred to Committee on Commerce and Labor
2020-01-02	Senate	Prefiled and ordered printed; offered 01/08/20 20101087D

SB251 (Similar To) 2020-05-21 - Governor: Acts of Assembly Chapter text (CHAP1288)

Chapter	Article	Section	Citation Type	Statute Text
38	2	3465	(n/a)	See Bill Text
38	2	3467	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB252
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB252+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+S02V0051+SB0252