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MT HB60

Bill

Status

Passed

2/27/2025

Primary Sponsor

Edward Buttrey

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Extends the prohibition against pharmacy benefit managers or health carriers requiring federally certified health entities to identify 340B drugs from June 1, 2025 to June 1, 2029

  • Changes the statute of limitations for securities violation civil actions from 2 years after the violation occurs to 1 year after discovery of the violation

  • Allows domestic insurers with minimum capital and surplus of $15 million to be designated as domestic surplus lines insurers, enabling them to write surplus lines insurance while being considered unauthorized insurers only for that specific purpose

  • Removes the $50 fee requirement for nonprofit organizations (religious, educational, charitable, etc.) to claim securities exemptions from the Commissioner

  • Updates telehealth insurance coverage requirements to clarify that deductibles, coinsurance, and copayments for telehealth services may not exceed those applicable to in-person medical services

Legislative Description

Generally revise state auditor laws

State Government

Last Action

Chapter Number Assigned

2/28/2025

Committee Referrals

Business, Labor and Economic Affairs1/17/2025
Business & Labor12/20/2024

Full Bill Text

No bill text available