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<xml>
<title>Illinois General Assembly - Bill Status for SB 2747   </title>
<shortdesc>PROFITEERING IN PRESC DRUGS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Mattie Hunter-Jacqueline Y. Collins</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>815 ILCS 505/2Z</reference><aliasreference>from Ch. 121 1/2, par. 262Z</aliasreference><SynopsisText>Creates the Profiteering in Prescription Drugs Act. Provides that a manufacturer, distributor, or labeler of prescription drugs engages in illegal profiteering if that manufacturer, distributor, or labeler (i) exacts or demands an unconscionable price, (ii) exacts or demands prices or terms that lead to an unjust or unreasonable profit, (iii) discriminates unreasonably against any person in the sale, exchange, distribution, or handling of prescription drugs dispensed or delivered in this State, or (iv) intentionally prevents, limits, lessens, or restricts the sale or distribution of prescription drugs in this State. Provides a right of action and a civil penalty for violation. Provides that violation is a violation of the Consumer Fraud and Deceptive Business Practices Act. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2004</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Mattie Hunter</action>
<statusdate>2/5/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/5/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/10/2004</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

