PHARMACY BENEFIT MGT REG ACT House SponsorsRep. David E. Miller-Elizabeth Coulson-Angelo Saviano-John A. Fritchey-Thomas Holbrook and Renee Kosel 1/11/2005HouseSession Sine Die New Act30 ILCS 105/5.595 new Creates the Pharmacy Benefit Management Regulation Act. Establishes the standards and criteria for regulation and licensing of pharmacy benefit management companies. Requires pharmacy benefit management companies to obtain a license from the Director of Insurance and to obtain a certificate of authority from the State Board of Pharmacy. Provides for financial examination of those companies. Grants enforcement powers to the Director of Insurance and the State Board of Pharmacy. Imposes fees and assessments upon pharmacy benefit management companies. Provides for the fees and assessments to be deposited into the Pharmacy Benefit Company Regulation Fund, a special fund in the State treasury. Amends the State Finance Act to add the Fund to the list of special funds.House Amendment No. 1 Deletes reference to:30 ILCS 105/5.595 newDeletes the substance of the bill. Provides only a short title for the Pharmacy Benefit Management Regulation Act.Fiscal Note (H-AM 1) (Dept of Central Management Services) The Department of Central Management Services anticipates no fiscal impact from this bill as amended by House Amendment 1 . 1/30/2003HouseFiled with the Clerk by Rep. David E. Miller 1/30/2003HouseChief Co-Sponsor Rep. Elizabeth Coulson 1/30/2003HouseFirst Reading 1/30/2003HouseReferred to Rules Committee 2/4/2003HouseAssigned to State Government Administration Committee 2/4/2003HouseAdded Chief Co-Sponsor Rep. Angelo Saviano 2/4/2003HouseAdded Chief Co-Sponsor Rep. John A. Fritchey 2/28/2003HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 3/13/2003HouseHouse Amendment No. 1 Filed with Clerk by State Government Administration Committee 3/13/2003HouseHouse Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote 3/13/2003HouseMotion Do Pass as Amended - Lost State Government Administration Committee; 005-002-001 3/13/2003HouseRemains in State Government Administration Committee 3/13/2003HouseDo Pass as Amended / Short Debate State Government Administration Committee; 011-000-000 3/13/2003HousePlaced on Calendar 2nd Reading - Short Debate 3/20/2003HouseFiscal Note Filed as amended by House Amendment No. 1 3/27/2003HouseAdded Co-Sponsor Rep. Renee Kosel 4/4/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die