republic-os/legislation/us/states/va/2024/hb-1402.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Health insurance; pharmacy benefits managers, reporting requirements, civil penalty.	Health insurance; pharmacy benefits managers; reporting requirements; civil penalty. Provides that a person that violates the existing requirement to obtain a license prior to providing pharmacy benefits management services or otherwise acting as a pharmacy benefits manager shall be subject to a civil penalty of $5,000 for each day on which such violation occurs. The bill adds additional requirements to existing reporting requirements for insurance carriers relating to pharmacy benefits managers. Such additional requirements include (i) the aggregate amount of a pharmacy benefits manager's retained rebates, as defined in the bill; (ii) a pharmacy benefits manager's aggregate retained rebate percentage, as defined in the bill; (iii) a pharmacy benefits manager's retained rebate percentage, as defined in the bill, for each health benefit plan; and (iv) the aggregate amount of administrative fees received by a pharmacy benefits manager.	us/states/va	Virginia General Assembly	2024	HB 1402	Virginia HB 1402 (2024)	bill		enacted	Atoosa R. Reaser	4	30	6	2024-01-17	2024-04-02	openstates	ocd-bill/8381f30d-3ed8-43e8-a555-7374b957c7a4	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB1402	34ce7b9b5e235996845804474a042c1595b812b636d2f5379aa34c89961d343e	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 1402 (2024) — Health insurance; pharmacy benefits managers, reporting requirements, civil penalty.

Health insurance; pharmacy benefits managers; reporting requirements; civil penalty. Provides that a person that violates the existing requirement to obtain a license prior to providing pharmacy benefits management services or otherwise acting as a pharmacy benefits manager shall be subject to a civil penalty of $5,000 for each day on which such violation occurs. The bill adds additional requirements to existing reporting requirements for insurance carriers relating to pharmacy benefits managers. Such additional requirements include (i) the aggregate amount of a pharmacy benefits manager's retained rebates, as defined in the bill; (ii) a pharmacy benefits manager's aggregate retained rebate percentage, as defined in the bill; (iii) a pharmacy benefits manager's retained rebate percentage, as defined in the bill, for each health benefit plan; and (iv) the aggregate amount of administrative fees received by a pharmacy benefits manager.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. CHAP0329 (committee substitute) — source
2. HB1402ER (committee substitute) — source
3. Presented and ordered printed 24104835D (committee substitute) — source
4. Printed as engrossed 24104835D-E (committee substitute) — source

Votes

• VOTE: Block Vote Passage (100-Y 0-N) — 99–0 (pass) · lower
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
• Subcommittee recommends reporting with amendments (6-Y 1-N) — 6–1 (pass) · lower
• Reported from Labor and Commerce with amendment(s) (22-Y 0-N) — 22–0 (pass) · lower
• Reported from Commerce and Labor (15-Y 0-N) — 15–0 (pass) · upper
• Passed Senate (40-Y 0-N) — 40–0 (pass) · upper

Sponsors

• Atoosa R. Reaser — primary (person)
• Nadarius E. Clark — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2024-01-17 Presented and ordered printed 24104835D introduction
• 2024-01-17 Referred to Committee on Labor and Commerce referral-committee
• 2024-01-23 Assigned L & C sub: Subcommittee #1 referral-committee
• 2024-01-24 Impact statement from SCC (HB1402)
• 2024-01-30 House subcommittee amendments and substitutes offered
• 2024-01-30 Subcommittee recommends reporting with amendments (6-Y 1-N)
• 2024-02-01 Reported from Labor and Commerce with amendment(s) (22-Y 0-N) committee-passage
• 2024-02-05 Read first time reading-1
• 2024-02-06 Read second time reading-2
• 2024-02-06 Committee amendments agreed to amendment-passage
• 2024-02-06 Engrossed by House as amended HB1402E
• 2024-02-06 Printed as engrossed 24104835D-E
• 2024-02-07 Read third time and passed House BLOCK VOTE (100-Y 0-N) passage, reading-3
• 2024-02-07 VOTE: Block Vote Passage (100-Y 0-N) passage
• 2024-02-08 Constitutional reading dispensed
• 2024-02-08 Referred to Committee on Commerce and Labor referral-committee
• 2024-02-16 Impact statement from SCC (HB1402E)
• 2024-02-19 Reported from Commerce and Labor (15-Y 0-N) committee-passage
• 2024-02-21 Constitutional reading dispensed (40-Y 0-N)
• 2024-02-22 Read third time reading-3
• 2024-02-22 Passed Senate (40-Y 0-N) passage
• 2024-02-27 Enrolled enrolled
• 2024-02-27 Bill text as passed House and Senate (HB1402ER) passage
• 2024-02-27 Signed by Speaker passage
• 2024-03-01 Signed by President passage
• 2024-03-05 Impact statement from SCC (HB1402ER)
• 2024-03-11 Enrolled Bill communicated to Governor on March 11, 2024 enrolled, executive-receipt
• 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
• 2024-04-02 Approved by Governor-Chapter 329 (effective 7/1/24) executive-signature
• 2024-04-02 Acts of Assembly Chapter text (CHAP0329)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/8381f30d-3ed8-43e8-a555-7374b957c7a4. Confidence: reported (aggregated from official Virginia legislature records).