Revise laws relating to pharmacies, pharmacy benefit managers, and other entities
HB 740 revises laws affecting pharmacies, pharmacy benefit managers (PBMs), and other entities involved in prescription drug dispensing and reimbursement. The bill establishes new restrictions on how PBMs can audit pharmacies and recoup funds, such as prohibiting recoupment for clerical errors without actual financial harm and banning the use of extrapolation in calculations. It also updates regulations for Maximum Allowable Cost (MAC) lists and reference pricing, requiring PBMs to ensure drugs on MAC lists are available and to frequently update and disclose pricing information to pharmacies.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
Apr 2025
House Passage
Apr 2025
Senate Passage
Apr 2025
Signed into Law
May 2025
Introduced Feb 25, 2025
Signed May 8, 2025
Maddy AI version diff · 8 comparisons
What changed between versions
HB0740_X(1).pdf
→
HB0740_X(2).pdf
·
2 edits
MINOR
The bill title was updated to remove the phrase 'DEFINITIONS; REVISING LAWS RELATED TO MAXIMUM ALLOWABLE COST OR THE REFERENCE', likely because the specific definitions or cost revisions are no longer included in this version. The list of amended statutes was expanded to include section 33-22-171, ensuring the bill covers a broader range of existing regulations related to maximum allowable costs and fee prohibitions.
Scope change
The scope of the bill was expanded to include amendments to section 33-22-171, which was not listed in the previous version.
SCOPE
The bill title was shortened by removing references to 'DEFINITIONS' and 'REVISING LAWS RELATED TO MAXIMUM ALLOWABLE COST OR THE REFERENCE', suggesting a narrowing of the stated purpose or a shift in where those definitions are located.
REQUIREMENT
Section 33-22-171 was added to the list of statutes being amended, expanding the bill's applicability to regulations concerning maximum allowable costs or reference price lists.
Floor votes · Senate Apr 12, 2025 · House Apr 18, 2025
How they voted
39–11
Passed
Total votes 50
Apr 12, 2025
D
Democratic18
66% Yea
R
Republican32
84% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
61
Key actions
11
Committee
9
Amendments
1
May 5, 2025
Signed into law
(H) Signed by Governor
lower
Apr 28, 2025
Upper · Passed
(S) Signed by President
upper
Apr 25, 2025
Lower · Passed
(H) Signed by Speaker
lower
Apr 18, 2025
House · Passed
House Vote: pass (63-35-2)
house
Apr 12, 2025
Senate · Passed
Senate Vote: pass (39-11)
senate
Apr 12, 2025
Introduced
(S) Returned to House with Amendments
upper
Apr 11, 2025
Upper · Passed
(S) Committee Report - (S) Finance and Claims
upper
Apr 11, 2025
Upper · Passed
(S) Committee Executive Action - (S) Finance and Claims
upper
Apr 11, 2025
Committee
(S) Rereferred to Committee - (S) Finance and Claims
upper
Apr 8, 2025
Upper · Passed
(S) Committee Report - (S) Judiciary
upper
Apr 8, 2025
Upper · Passed
(S) Committee Executive Action - (S) Judiciary
upper
Mar 18, 2025
Committee
(S) Referred to Committee - (S) Judiciary
upper
Mar 4, 2025
Lower · Passed
(H) Committee Report - (H) Business and Labor
lower
Mar 1, 2025
Lower · Passed
(H) Committee Executive Action - (H) Business and Labor
lower
Feb 25, 2025
Committee
(H) Referred to Committee - (H) Business and Labor
lower
Feb 25, 2025
Introduced
(H) Introduced
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
MB
Marta Bertoglio
RRepublican
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