SB 555-FN (2024): relative to receipt of pharmaceutical rebates by insurers and pharmacy benefits managers.

SB 555-FN (2024)

relative to receipt of pharmaceutical rebates by insurers and pharmacy benefits managers.

• Status: Signed into law
• Term: 2023-2024
• House committee: Commerce and Consumer Affairs
• Senate committee: Health and Human Services
• Subject: Insurance
• Chapter law: 305

The Story

It was introduced on January 3, 2024 and referred to the Senate Health and Human Services committee. The committee held a public hearing on February 14, 2024. The committee voted unanimously, 5–0, to recommend that the Senate pass it with changes (amendment 2024-0832s), and the report was placed on the consent calendar. The committee's amendment (2024-0832s) was adopted on a voice vote on March 7, 2024, changing the text of the bill. On March 7, 2024 the Senate voted to pass it with changes on a voice vote, then referred it on to the Senate Finance committee. The committee voted 5–2 to recommend that the Senate pass it. A floor amendment (2024-0967s), offered by Sen. Cindy Rosenwald, was rejected on a voice vote on March 21, 2024. On March 21, 2024 the Senate voted to pass it and ordered it to a third reading. It crossed to the House on March 28, 2024 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 30, 2024, with 13 people signed in online: 12 in support and 1 in opposition. The committee held a work session on May 7, 2024. The committee met in executive session on May 15, 2024 to vote on its recommendation. The committee voted unanimously, 18–0, to recommend that the House pass it with changes (amendment 2024-1794h), and the report was placed on the consent calendar. The committee's amendment (2024-1794h) was adopted on a voice vote on May 23, 2024, changing the text of the bill. On May 23, 2024 the House voted to pass it with changes on a voice vote. On May 30, 2024 the Senate voted to reject the other chamber's changes on a voice vote, on a motion by Sen. Regina Birdsell. On May 30, 2024 the House adopted “House Accedes to Senate Request for CofC” on a voice vote, on a motion by Rep. John Hunt. The Senate adopted the conference report (2024-2239c) on a voice vote. On June 13, 2024 the House adopted the conference report (2024-2239c) on a voice vote. The bill was enrolled on June 13, 2024 — the final check of the text before it goes to the governor. The governor signed it on July 26, 2024, making it Chapter 305 of the session laws. It took effect on June 30, 2024.

Sponsors

• Sen. Kevin Avard (R - SD12) (prime sponsor)
• Sen. David Watters (D - SD4)
• Sen. Daniel Innis (R - SD7)
• Sen. Regina Birdsell (R - SD19)
• Sen. Donna Soucy (D - SD18)
• Sen. Jeb Bradley (R - SD3)
• Sen. Bill Gannon (R - SD23)
• Sen. Howard Pearl (R - SD17)
• Sen. Carrie Gendreau (R - SD1)
• Sen. Sharon Carson (R - SD14)
• Sen. Donovan Fenton (D - SD10)
• Rep. Diane Pauer (R - Hills 36)
• Rep. Maureen Mooney (R - Hills 12)

Hearings and Sessions

• February 14, 2024, 9:15 AM: hearing, Senate Health and Human Services, SH 100
• April 30, 2024, 10:00 AM: public hearing, House Commerce and Consumer Affairs, LOB 302-304
• May 7, 2024, 1:15 PM: work session, House Commerce and Consumer Affairs, LOB 302-304
• May 15, 2024, 10:00 AM: executive session, House Commerce and Consumer Affairs, LOB 302-304
• June 3, 2024, 2:30 PM: committee of conference, SH 100
• June 4, 2024, 9:30 AM: committee of conference, SH 100

Votes

• March 7, 2024, Senate: Ought to Pass with Amendment 2024-0832s — voice vote, passed
• March 21, 2024, Senate: Ought to Pass — yeas 19, nays 4, passed
• May 23, 2024, House: Ought to Pass with Amendment 2024-1794h — voice vote, passed
• May 30, 2024, Senate: Nonconcur with the House Amendment; Requests C of C — voice vote, passed
• May 30, 2024, House: House Accedes to Senate Request for CofC — voice vote, passed
• June 12, 2024, Senate: Adopt Conference Committee Report — voice vote, passed
• June 13, 2024, House: Adopt Conference Committee Report — voice vote, passed

The Docket

Laws It Would Change

• RSA 402-N:6
• RSA 415-A:7

From the General Court

• Bill text
• Bill status page
• Docket
• SC 7
• SC 9
• SC 11
• HC 20, page 7