7862DEAB7F4DF89B8725899D00017D63 Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For HB23-1227SENATE COMMITTEE ON FINANCEDate Apr 25, 2023 Location SCR 357 HB23-1227 - Referred to Senate Appropriations 06:16:22 PM The committee took a brief recess. 06:20:41 PM The committee came back to order. Sens. Will and Jaquez Lewis introduced House Bill 23-1227. The bill allows the Commissioner of Insurance to enforce existing state laws regulating pharmacy benefit managers and impose penalties, and establishes a fee-based registration program for these entities. 06:28:07 PM Mr. Tony Gagliardi, representing the National Federation of Independent Business, testified in support of the bill. 06:29:22 PM The sponsors gave some closing remarks. 06:30:01 PM Motion Refer House Bill 23-1227 to the Committee on Appropriations. Moved Kolker Seconded Hansen Yes Priola Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS