Prescription drug price transparency; penalties.Requires pharmaceutical drug manufacturers, pharmacy benefits managers, andhealth carriers to submit reports containing certain information concerningprescription drug costs to the Commissioner of the Bureau of Insurance (theCommissioner). The measure requires pharmaceutical drug manufacturers' reportsto include information on the current wholesale acquisition cost informationfor FDA-approved drugs sold in or into the Commonwealth by the pharmaceuticaldrug manufacturer. The bill also requires such manufacturers to submit a reportfor drugs with a wholesale acquisition cost of at least $50 for a 30-day supplywhen their wholesale acquisition cost increases by 25 percent or more over thepreceding three calendar years or 10 percent or more over the precedingcalendar year. The measure requires pharmacy benefits managers to report dataon the aggregated rebates, fees, price protection payments, and any otherpayments collected from pharmaceutical drug manufacturers and the aggregateddollar amount of rebates, fees, price protection payments, and any otherpayments collected from pharmaceutical drug manufacturers that were healthbenefit plan issuers or enrollees at the point of sale of a prescription drug.The measure requires health carriers to report the names of the 25 mostfrequently prescribed drugs across all plans, percent increase in annual netspending for drugs across all plans, percent increase in premiums attributableto drugs across all plans, percentage of specialty drugs with utilizationmanagement requirements across all plans, and premium reductions that wereattributable to specialty drug utilization management. The measure requires theCommissioner to publish the aggregated data from these reports on a website.The measure authorizes the State Corporation Commission (the Commission) to (i)call public hearings and to subpoena prescription drug manufacturers, pharmacybenefits managers, and health carriers to explain their reports; (ii) conductaudits of data submitted to it; (iii) require these entities to submit acorrective action plan to correct deficiencies in reporting; and (iv) imposepenalties of $30,000 per day on any prescription drug manufacturer, pharmacybenefits manager, or health carrier that fails to make a good faith effort tosubmit a required report within two weeks after receiving written notice fromthe Commission.
Sponsored bills
Prescription drug price transparency. Requiresevery health carrier, pharmacy benefits manager, wholesale drug distributer, and drug manufacturer to report information about prescription drugprices and related information to the Department of Health and requiresthe Department to make such information available on its website.
Project labor agreements; public procurement. Authorizes any state or local government, when engaged in procuring products or services or letting contracts for construction, manufacture, maintenance, or operation of public works, to require bidders to enter into or adhere to project labor agreements on the public works projects. This bill was incorporated into HB 358.
Commending Virginia Organizing.
Custody and visitation arrangements; fostercare; adoption; use of cannabidiol oil or THC-A oil. Providesthat the use of cannabidiol oil or THC-A oil by a parent in a custodyor visitation case shall not serve as the sole basis for the denialor restriction of custody or visitation, if such parent has a writtencertification by a practitioner attesting to the benefit of suchuse. The bill further provides that such use by a foster parent shallnot be the sole reason a child is removed from a foster parent andthat such use by a prospective foster parent shall not be the solereason to deny such prospective foster parent eligibility to becomea foster parent. The bill also provides that such use by a petitionerfor adoption shall not be the sole reason for the denial of a finalorder of adoption by a circuit court.
Constitution of the United States; Equal RightsAmendment. Ratifies the Equal Rights Amendment to the Constitutionof the United States that was proposed by Congress in 1972. The jointresolution advocates the position that the 1972 Equal Rights Amendmentremains viable and may be ratified notwithstanding the expirationof the 10-year ratification period set out in the resolving clause,as amended, in the proposal adopted by Congress.
Commending The American Legion Auxiliary.
Commending the United States Women's NationalSoccer Team.
Creates a procedure by which any attorney for the Commonwealth or any law-enforcement officer may apply to a general district court, circuit court, or juvenile and domestic relations district court judge or magistrate for an emergency substantial risk order to prohibit a person who poses a substantial risk of injury to himself or others from purchasing, possessing, or transporting a firearm. If an emergency substantial risk order is issued, a judge or magistrate may issue a search warrant to remove firearms from such person. An emergency substantial risk order shall expire on the fourteenth day following issuance of the order. The bill requires a court hearing in the circuit court for the jurisdiction where the order was issued within 14 days from issuance of an emergency substantial risk order to determine whether a substantial risk order should be issued. Seized firearms shall be retained by a law-enforcement agency for the duration of an emergency substantial risk order or a substantial risk order or, for a substantial risk order and with court approval, may be transferred to a third party 21 years of age or older chosen by the person from whom they were seized. The bill allows the complainant of the original warrant to file a motion for a hearing to extend the substantial risk order prior to its expiration. The court may extend the order for a period not longer than 180 days. The bill provides that persons who are subject to a substantial risk order, until such order has been dissolved by a court, are guilty of a Class 1 misdemeanor for purchasing, possessing, or transporting a firearm; are disqualified from having a concealed handgun permit; and may not be employed by a licensed firearms dealer. The bill also provides that a person who transfers a firearm to a person he knows has been served with a warrant or who is the subject of an order is guilty of a Class 4 felony. The bill creates a computerized substantial risk order registry for the entry of orders issued pursuant to provisions in the bill. The bill establishes an appropriation for the fiscal impact of the bill and authorizes the Director of the Department of Planning and Budget to allocate such appropriation among the agencies and programs impacted by the bill.
Makes the provisions of the Campaign Finance Disclosure Act (the Act) applicable to any candidate for a town office in a town with a population of less than 25,000 if such candidate accepts contributions or makes expenditures in excess of $25,000 within the candidate's election cycle. Currently, the Act does not apply to town elections in a town with a population of less than 25,000 unless an ordinance in that town provides otherwise.