KY SB117 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 6-0)
Status: Passed on April 9 2016 - 100% progression
Action: 2016-04-09 - signed by Governor (Acts, ch. 79)
Text: Latest bill text (Draft #3) [PDF]

Summary

Create a new section of Subtitle 9 of KRS Chapter 304 to require a pharmacy benefit manager to obtain a license; amend KRS 304.17A-161 to define maximum allowable cost and amend the definition of pharmacy benefit manager; amend KRS 304.17A-162 to provide for an appeal process, price updates, and administrative regulations; require review of the maximum allowable cost at least every 7 instead of 14 days; create new sections of Subtitle 17A of KRS Chapter 304 to establish licensure and application requirements for pharmacy benefit managers; require administrative regulations for the licensing process; provide for fees to cover the costs of enforcement; require adherence to other subtitles of KRS Chapter 304.

Tracking Information

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Title

AN ACT relating to pharmacy benefit management.

Sponsors


History

DateChamberAction
2016-04-09Senatesigned by Governor (Acts, ch. 79)
2016-03-29Senatedelivered to Governor
2016-03-29Senateenrolled, signed by Speaker of the House
2016-03-28Senateenrolled, signed by President of the Senate
2016-03-25Senatereceived in Senate
2016-03-25House3rd reading, passed 97-0
2016-03-24Housefloor amendment (1) withdrawn
2016-03-24Houseposted for passage in the Consent Orders of the Day for Friday, March 25, 2016
2016-03-24House2nd reading, to Rules
2016-03-23Housereported favorably, 1st reading, to Consent Calendar
2016-03-21Houseposted in committee
2016-03-18Housefloor amendment (1) filed
2016-03-16Houseposting waived
2016-03-16Houseto Banking & Insurance (H)
2016-03-15Housereceived in House
2016-03-14Senate3rd reading, passed 38-0 with Committee Substitute (1)
2016-03-11Senateposted for passage in the Consent Orders of the Day for Monday, March 14, 2016 as a Consent Bill
2016-03-11Senatereported favorably, to Rules with Committee Substitute (1)
2016-02-11Senaterecommitted to Appropriations & Revenue (S)
2016-02-11Senatetaken from Rules
2016-02-04Senate2nd reading, to Rules
2016-02-03Senatereported favorably, 1st reading, to Calendar
2016-01-25Senateto Health & Welfare (S)
2016-01-21Senateintroduced in Senate

Kentucky State Sources


Bill Comments

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