SB 3117

  • Illinois Senate Bill
  • 101st Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Ins-Pharmacy Benefit Managers

Abstract

Amends the Illinois Insurance Code. Provides that a pharmacy benefit manager has a fiduciary duty to a third party with which the pharmacy benefit manager has entered into a contract to manage the pharmacy benefit plan of the third party and shall notify the third party in writing of an activity, policy, or practice of the pharmacy benefit manager that presents a conflict of interest that interferes with the ability of the pharmacy benefit manager to discharge its fiduciary duty. Allows the Director of Insurance to refuse to issue, suspend, or revoke a license or impose a fine if it is found that a pharmacy benefit manager has failed to adequately discharge its fiduciary duty to a third party. Effective immediately.

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May 15, 2020

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

May 07, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020

Senate

Rule 2-10 Committee Deadline Established As May 22, 2020

Apr 30, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020

Senate

Rule 2-10 Committee Deadline Established As May 15, 2020

Apr 23, 2020

Senate

Rule 2-10 Committee Deadline Established As May 7, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020

Apr 16, 2020

Senate

Rule 2-10 Committee Deadline Established As April 30, 2020

Apr 12, 2020

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Mar 25, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020

Senate

Rule 2-10 Committee Deadline Established As April 24, 2020

Mar 18, 2020

Senate

Rule 2-10 Committee Deadline Established As April 2, 2020

Feb 11, 2020

Senate

Assigned to Insurance

Feb 06, 2020

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Andy Manar

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