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HB 520 Illinois House · 93rd Regular Session

PHARMACY BENEFIT MGT REG ACT

Summary
Creates the Pharmacy Benefit Management Regulation Act. Establishes the standards and criteria for regulation and licensing of pharmacy benefit management companies. Requires pharmacy benefit management companies to obtain a license from the Director of Insurance and to obtain a certificate of authority from the State Board of Pharmacy. Provides for financial examination of those companies. Grants enforcement powers to the Director of Insurance and the State Board of Pharmacy. Imposes fees and assessments upon pharmacy benefit management companies. Provides for the fees and assessments to be deposited into the Pharmacy Benefit Company Regulation Fund, a special fund in the State treasury. Amends the State Finance Act to add the Fund to the list of special funds.
Bill status failed 1 of 4 stages cleared
Introduction
Mar 2003
Committee Review
Floor Vote
Governor
Introduced Mar 20, 2003 Last action Jan 11, 2005
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
18
Key actions
3
Committee
6
Amendments
2
Apr 4, 2003
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 13, 2003
Lower · Passed
Do Pass as Amended / Short Debate State Government Administration Committee; 011-000-000
lower
Mar 13, 2003
Lower · Passed
Remains in State Government Administration Committee
lower
Mar 13, 2003
Committee
Motion Do Pass as Amended - Lost State Government Administration Committee; 005-002-001
lower
Mar 13, 2003
Lower · Passed
House Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
lower
Mar 13, 2003
Introduced
House Committee Amendment No. 1 Filed with Clerk by State Government Administration Committee
lower
Feb 4, 2003
Committee
Assigned to State Government Administration Committee
lower
Jan 30, 2003
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.