republic-os/legislation/us/states/va/2024/sb-660.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	SB 660	Virginia SB 660 (2024)	bill		enacted	Jennifer D. Carroll Foy	4	31	6	2024-01-15	2024-04-08	openstates	ocd-bill/b4182c53-e539-44dc-8ca2-e6e1bba21416	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB660	85407425d20a1a04a0c537fc0947be7399b0dcff040364015e59add5b62fbd5f	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia SB 660 (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. CHAP0626 (committee substitute) — source
2. Presented and ordered printed 24104081D (committee substitute) — source
3. Printed as engrossed 24104081D-E (committee substitute) — source
4. SB660ER (committee substitute) — source

Votes

• Reported from Labor and Commerce (19-Y 0-N) — 19–0 (pass) · lower
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
• Reported from Commerce and Labor with amendments (15-Y 0-N) — 15–0 (pass) · upper
• Read third time and passed Senate (40-Y 0-N) — 40–0 (pass) · upper
• VOTE: Block Vote Passage (98-Y 0-N) — 97–0 (pass) · lower

Sponsors

• Jennifer D. Carroll Foy — primary (person)
• Angelia Williams Graves — cosponsor (person)
• Suhas Subramanyam — cosponsor (person)

Timeline

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

• 2024-01-15 Presented and ordered printed 24104081D introduction
• 2024-01-15 Referred to Committee on Commerce and Labor referral-committee
• 2024-02-05 Impact statement from SCC (SB660)
• 2024-02-05 Senate committee, floor amendments and substitutes offered
• 2024-02-05 Reported from Commerce and Labor with amendments (15-Y 0-N) committee-passage
• 2024-02-07 Constitutional reading dispensed (40-Y 0-N)
• 2024-02-08 Read second time reading-2
• 2024-02-08 Reading of amendments waived
• 2024-02-08 Committee amendments agreed to amendment-passage
• 2024-02-08 Engrossed by Senate as amended SB660E
• 2024-02-08 Printed as engrossed 24104081D-E
• 2024-02-08 Constitutional reading dispensed (40-Y 0-N)
• 2024-02-08 Read third time and passed Senate (40-Y 0-N) passage, reading-3
• 2024-02-14 Placed on Calendar
• 2024-02-14 Read first time reading-1
• 2024-02-14 Referred to Committee on Labor and Commerce referral-committee
• 2024-02-15 Reported from Labor and Commerce (19-Y 0-N) committee-passage
• 2024-02-19 Read second time reading-2
• 2024-02-19 Impact statement from SCC (SB660E)
• 2024-02-20 Read third time reading-3
• 2024-02-20 Passed House BLOCK VOTE (98-Y 0-N) passage
• 2024-02-20 VOTE: Block Vote Passage (98-Y 0-N) passage
• 2024-02-26 Enrolled enrolled
• 2024-02-26 Bill text as passed Senate and House (SB660ER) passage
• 2024-02-26 Signed by Speaker passage
• 2024-02-29 Signed by President passage
• 2024-03-05 Impact statement from SCC (SB660ER)
• 2024-03-11 Enrolled Bill Communicated to Governor on March 11, 2024 enrolled
• 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
• 2024-04-08 Approved by Governor-Chapter 626 (effective 7/1/24) executive-signature
• 2024-04-08 Acts of Assembly Chapter text (CHAP0626)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b4182c53-e539-44dc-8ca2-e6e1bba21416. Confidence: reported (aggregated from official Virginia legislature records).