Legislation: batch A — AK AL AR AZ CO CT DE GA HI IA ID

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/co/2023a/hb-23-1201.md

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+---
+type: "Bill"
+title: "Prescription Drug Benefits Contract Term Requirements"
+description: "For a contract between a pharmacy benefit manager (PBM) or a health insurance carrier (carrier) and a certificate holder or policyholder, the act requires that the amount charged by the PBM or carrier to the certificate holder or policyholder for a prescription drug be equal to or less than the amount paid by the PBM or carrier to the contracted pharmacy for the drug."
+jurisdiction: "us/states/co"
+legislature: "Colorado General Assembly"
+session: "2023A"
+identifier: "HB 23-1201"
+citation: "Colorado HB 23-1201 (2023A)"
+classification: ["bill"]
+subjects: []
+status: "enacted"
+primary_sponsors: ["Jim Smallwood", "Kyle Mullica", "Lindsey Daugherty", "Matt Soper"]
+version_count: 10
+action_count: 14
+vote_count: 2
+first_action: "2023-02-14T07:00:00+00:00"
+last_action: "2023-05-10T06:00:00+00:00"
+source: "openstates"
+source_identifier: "ocd-bill/66a89245-14d2-471c-8df8-5eb569754132"
+source_url: "https://leg.colorado.gov/bills/hb23-1201"
+source_hash: "f124daa4570af6d212ca6c405bb8aad8713e729fd0b757819e66c780e77cab70"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-co"]
+---
+
+# Colorado HB 23-1201 (2023A) — Prescription Drug Benefits Contract Term Requirements
+
+For a contract between a pharmacy benefit manager (PBM) or a health insurance carrier (carrier) and a certificate holder or policyholder, the act requires that the amount charged by the PBM or carrier to the certificate holder or policyholder for a prescription drug be equal to or less than the amount paid by the PBM or carrier to the contracted pharmacy for the drug.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **Committee Amendment** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_hb1201_s_app_002.pdf)
+2. **Engrossed (04/14/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_eng.pdf)
+3. **Final Act (05/05/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_enr.pdf)
+4. **Introduced (02/14/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_01.pdf)
+5. **PA1 (03/21/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_h_hi_01.pdf)
+6. **PA2 (04/14/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_h_hi_app_01.pdf)
+7. **Reengrossed (04/15/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_ren.pdf)
+8. **Rerevised (05/02/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_rer.pdf)
+9. **Revised (05/01/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1201_rev.pdf)
+10. **Signed Act (05/10/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_1201_signed.pdf)
+
+## Votes
+
+- BILL — **55–8** (pass) · lower
+- BILL — **32–1** (pass) · upper
+
+## Sponsors
+
+- Jim Smallwood — primary (person)
+- Kyle Mullica — primary (person)
+- Lindsey Daugherty — primary (person)
+- Matt Soper — primary (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2023-05-10T06:00:00+00:00** Governor Signed `executive-signature`
+- **2023-05-05T06:00:00+00:00** Sent to the Governor `executive-receipt`
+- **2023-05-05T06:00:00+00:00** Signed by the President of the Senate
+- **2023-05-04T06:00:00+00:00** Signed by the Speaker of the House
+- **2023-05-02T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
+- **2023-05-01T06:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
+- **2023-05-01T06:00:00+00:00** Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
+- **2023-04-27T06:00:00+00:00** Senate Committee on Health & Human Services Refer Unamended to Appropriations `referral-committee`
+- **2023-04-17T06:00:00+00:00** Introduced In Senate - Assigned to Health & Human Services `introduction`
+- **2023-04-15T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
+- **2023-04-14T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee
+- **2023-04-14T06:00:00+00:00** House Committee on Appropriations Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
+- **2023-03-17T06:00:00+00:00** House Committee on Health & Insurance Refer Amended to Appropriations `referral-committee`
+- **2023-02-14T07:00:00+00:00** Introduced In House - Assigned to Health & Insurance `introduction`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/66a89245-14d2-471c-8df8-5eb569754132`. Confidence: reported (aggregated from official Colorado legislature records).
+