Kyle Brown
- Democratic
- Representative
- District 12
Primary
Beginning January 1, 2027, the act: Allows a pharmacy benefit manager (PBM) to earn income derived from the assessment of a flat-dollar service fee for the provision of a prescription drug; Prohibits a PBM from earning income based on the price or cost of a prescription drug; Prohibits a PBM from designing a formulary to favor a certain branded pharmaceutical or biologic; Requires a PBM to be reimbursed by a health benefit plan for lowering the plan's prescription drug spending over a given period of time and for the direct services the PBM provides to the plan; Sets the amount that a PBM shall reimburse an unaffiliated pharmacy or a PBM-affiliated retail, mail order, or specialty pharmacy for a prescription drug; and Requires a contract between a PBM and a health benefit plan to contain a provision where the PBM discloses prescription drug cost information to the health benefit plan and a provision authorizing the health benefit plan to execute an audit to validate compliance with the contract.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
House Considered Senate Amendments - Result was to Concur - Repass
House Considered Senate Amendments - Result was to Laid Over Daily
Senate Third Reading Passed - No Amendments
Senate Third Reading Laid Over Daily - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Health & Human Services Refer Amended to Appropriations
Introduced In Senate - Assigned to Health & Human Services
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee, Floor
House Second Reading Laid Over Daily - No Amendments
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House Committee on Health & Human Services Refer Amended to Appropriations
Introduced In House - Assigned to Health & Human Services
| Bill Text Versions | Format |
|---|---|
| Signed Act (05/30/2025) | |
| Final Act (05/13/2025) | |
| Rerevised (05/06/2025) | |
| Revised (05/02/2025) | |
| Reengrossed (03/17/2025) | |
| Engrossed (03/14/2025) | |
| Introduced (01/27/2025) | |
| PA2 (04/25/2025) | |
| PA1 (02/20/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (03/06/2025) | |
| Fiscal Note SA2 (04/29/2025) | |
| Fiscal Note FN1 (02/07/2025) | |
| Fiscal Note FN2 (02/25/2025) | |
| Fiscal Note FN3 (08/13/2025) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.