SB 25-124 CO Passed Legislature
Reducing Costs of Health Care for Patients
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Summary
The bill requires nonprofit hospitals (hospitals) to use 340B profits to decrease out-of-pocket costs for low-income patients. details prohibited uses of 340B profits for nonprofit hospitals. The bill requires entities covered under the federal 340B drug pricing program that are hospitals licensed by the state to report information related to their participation in the 340B program, their use of 340B program profits, their provision of charity care, their payments to third parties for 340B program-related services and compliance, and their use of contract pharmacies. The bill grants sole community hospitals and critical access hospitals unrestricted access to, and delivery of, 340B drugs. The bill requires the joint budget committee to annually issue a request for information to the department of health care policy and financing and to the department of personnel and administration for information related to the losses and costs to the state medical assistance program that arise from a nonprofit hospital's participation in the 340B drug program. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Sponsors (3)
- Barbara Kirkmeyer Republican · primary
- Julie Gonzales Democratic · primary
- Kyle Brown Democratic · primary
10 coauthors / cosponsors
- S. Bird · cosponsor
- C. Clifford Democratic · cosponsor
- M. Duran Democratic · cosponsor
- L. García Democratic · cosponsor
- L. Gilchrist Democratic · cosponsor
- M. Martinez Democratic · cosponsor
- T. Mauro Democratic · cosponsor
- J. McCluskie Democratic · cosponsor
- K. McCormick Democratic · cosponsor
- N. Ricks Democratic · cosponsor
Action history (12)
- May 7, 2025 Senate Considered House Amendments - Result was to Adhere · upper
- May 6, 2025 House Third Reading Passed - No Amendments · lower
- May 5, 2025 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
- May 3, 2025 House Committee on Health & Human Services Refer Amended to House Committee of the Whole · lower
- Apr 30, 2025 House Committee on Health & Human Services Witness Testimony and/or Committee Discussion Only · lower
- Mar 26, 2025 Introduced In House - Assigned to Health & Human Services · lower
- Mar 26, 2025 Senate Third Reading Passed - No Amendments · upper
- Mar 25, 2025 Senate Second Reading Passed with Amendments - Committee · upper
- Mar 21, 2025 Senate Second Reading Laid Over to 03/25/2025 - No Amendments · upper
- Mar 19, 2025 Senate Committee on Health & Human Services Refer Amended to Senate Committee of the Whole · upper
- Mar 13, 2025 Senate Committee on Health & Human Services Lay Over Amended · upper
- Feb 4, 2025 Introduced In Senate - Assigned to Health & Human Services · upper
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