Arkansas 2025 2025 Regular Session

Arkansas Senate Bill SB583 Draft / Bill

Filed 03/31/2025

                    Stricken language would be deleted from and underlined language would be added to present law. 
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State of Arkansas     1 
95th General Assembly A Bill     2 
Regular Session, 2025  	SENATE BILL 583 3 
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By: Senator C. Tucker 5 
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For An Act To Be Entitled 8 
AN ACT TO AMEND THE LAW CONCERNING MAXIMUM ALLOWABLE 9 
COST LISTS RELATING TO PHARMACY SERVICES; TO CLARIFY 10 
THAT A PHARMACY, PHARMACIST, OR BUSINESS PROVIDING 11 
PHARMACY SERVICES MAY PURSUE A PRIVATE RIGHT OF 12 
ACTION FOR VIOLATIONS RELATED TO THE LAWS CONCERNING 13 
MAXIMUM ALLOWABLE COST LISTS; AND FOR OTHER PURPOSES. 14 
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Subtitle 17 
TO AMEND THE LAW CONCERNING MAXIMUM 18 
ALLOWABLE COST LISTS RELATING TO 19 
PHARMACY SERVICES. 20 
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 22 
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 SECTION 1.  Arkansas Code § 17 -92-507, concerning Maximum Allowable 24 
Cost Lists relating to pharmacy services, is amended to add an additional 25 
subsection to read as follows: 26 
 (h)(1)  A pharmacy, pharmacist, or business providing pharmacy services 27 
may pursue a private right of action for violations of this section and for 28 
provided remedies, including without limitation compensatory damages, actual 29 
financial losses, and punitive damages under: 30 
 (A)  The Deceptive Trade Practices Act, § 4 -88-101 et seq.; 31 
 (B)  The Arkansas Pharmacy Benefits Manager Licensure Act, 32 
§ 23-92-501 et seq.; and 33 
 (C)  The Trade Practices Act, § 23 -66-201 et seq. 34 
 (2)  In any private cause of action as described in subdivision 35 
(h)(1) of this section, a prevailing pharmacy, pharmacist, or business 36    	SB583 
 
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providing pharmacy services may recover attorney's fees and all costs 1 
incurred in pursuing the action. 2 
 (3)  A pharmacy, pharmacist, or business providing pharmacy 3 
services pursuing a violation of this section under the Trade Practices Act, 4 
§ 23-66-201 et seq., may recover statutory damages of ten thousand dollars 5 
($10,000) per violation. 6 
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