Bill Commons

CO HB 1056

died on adjournment

Prescription Drug Benefit Information Transparency

Colorado · 2026 Regular Session · lower

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Quick answers

Did CO HB 1056 pass?

No. CO HB 1056 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-01-14): Introduced In House - Assigned to Health & Human Services

What is CO HB 1056 about?

The bill creates the "Prescription Drug Optimized Sourcing Transparency and Integrity Act" to prohibit a pharmacy benefit manager (PBM) or a health-care consultant from knowingly making or disseminating false or misleading statements or claims to a self-insured employer or policyholder about the legality or safety of a lawful prescription drug optimized sourcing program established by a pharmacy stewardship program.Upon written request by a self-insured employer, a PBM or health-care consultant is required to provide certain cost information for each prescription drug dispensed under the health benefit plan.The prohibition and information-sharing provisions of the bill do not restrict or limit the rights of a self-insured employer to purchase prescription drugs through and contract for a lawful prescription drug optimized sourcing program. The bill also recognizes that a pharmacy stewardship program is an effective cost-containment tool and is authorized when implemented in compliance with federal law and with the bill.(Note: This summary applies to this bill as introduced.)

Who sponsors CO HB 1056?

K. DeGraaf is the primary sponsor of CO HB 1056.

Description

The bill creates the "Prescription Drug Optimized Sourcing Transparency and Integrity Act" to prohibit a pharmacy benefit manager (PBM) or a health-care consultant from knowingly making or disseminating false or misleading statements or claims to a self-insured employer or policyholder about the legality or safety of a lawful prescription drug optimized sourcing program established by a pharmacy stewardship program.Upon written request by a self-insured employer, a PBM or health-care consultant is required to provide certain cost information for each prescription drug dispensed under the health benefit plan.The prohibition and information-sharing provisions of the bill do not restrict or limit the rights of a self-insured employer to purchase prescription drugs through and contract for a lawful prescription drug optimized sourcing program. The bill also recognizes that a pharmacy stewardship program is an effective cost-containment tool and is authorized when implemented in compliance with federal law and with the bill.(Note: This summary applies to this bill as introduced.)

Introduced
2026-01-14
Latest action
2026-01-14 — Introduced In House - Assigned to Health & Human Services
Bill type
bill
Last updated
—

Subjects

Sponsors

  • K. DeGraafsponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-02-17

    House Committee on Health & Human Services Postpone Indefinitely

  2. 2026-01-14

    Introduced In House - Assigned to Health & Human Services

    introduction

Versions

Documents

Votes

  • Postpone House Bill 26-1056 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.

    2026-02-17 · pass · 0-0

    Member-level votes (13)
    • Carlos Barron: yes
    • Mary Bradfield: yes
    • Ken DeGraaf: no
    • Regina English: yes
    • Lisa Feret: yes
    • Eliza Hamrick: yes
    • Dusty Johnson: yes
    • Karen McCormick: yes
    • Lesley Smith: excused
    • Katie Stewart: yes
    • Dan Woog: no
    • Sheila Lieder: yes
    • Lindsay Gilchrist: yes
  • Adopt amendment L.001 (Attachment I).

    2026-02-17 · pass · 0-0

  • Refer House Bill 26-1056, as amended, to the Committee on Appropriations.

    2026-02-17 · fail · 0-0

    Member-level votes (13)
    • Carlos Barron: no
    • Mary Bradfield: no
    • Ken DeGraaf: yes
    • Regina English: no
    • Lisa Feret: no
    • Eliza Hamrick: no
    • Dusty Johnson: no
    • Karen McCormick: no
    • Lesley Smith: excused
    • Katie Stewart: no
    • Dan Woog: yes
    • Sheila Lieder: no
    • Lindsay Gilchrist: no

Related bills

No related bills recorded for this bill.

Official source

Attribution

Data from openstates_api_sync, retrieved 2026-08-08T01:57:41.193191Z

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