Illinois General Assembly - Bill Status for SB2747

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Bill Status of SB2747 93rd General Assembly

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Short Description: PROFITEERING IN PRESC DRUGS

Senate Sponsors
Sen. Mattie Hunter - Jacqueline Y. Collins

Last Action

Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

815 ILCS 505/2Z

from Ch. 121 1/2, par. 262Z

Synopsis As Introduced
Creates the Profiteering in Prescription Drugs Act. Provides that a manufacturer, distributor, or labeler of prescription drugs engages in illegal profiteering if that manufacturer, distributor, or labeler (i) exacts or demands an unconscionable price, (ii) exacts or demands prices or terms that lead to an unjust or unreasonable profit, (iii) discriminates unreasonably against any person in the sale, exchange, distribution, or handling of prescription drugs dispensed or delivered in this State, or (iv) intentionally prevents, limits, lessens, or restricts the sale or distribution of prescription drugs in this State. Provides a right of action and a civil penalty for violation. Provides that violation is a violation of the Consumer Fraud and Deceptive Business Practices Act. Effective immediately.

Actions

Date	Chamber	Action
2/5/2004	Senate	Filed with Secretary by Sen. Mattie Hunter
2/5/2004	Senate	First Reading
2/5/2004	Senate	Referred to Rules
2/10/2004	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
1/11/2005	Senate	Session Sine Die

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