Texas § GV.540.0205 - CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS

Full text of Texas The Texas Constitution § GV.540.0205 — CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS, with citation guidance and answers to common questions.

§ GV.540.0205. CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS

CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS. In considering approval of a subcontract between a managed care organization and a pharmacy benefit manager to provide Medicaid prescription drug benefits, the commission shall review and consider whether in the preceding three years the pharmacy benefit manager has been: (1) convicted of: (A) an offense involving a material misrepresentation or an act of fraud; or (B) another violation of state or federal criminal law; (2) adjudicated to have committed a breach of contract; or (3) assessed a penalty or fine of $500,000 or more in a state or federal administrative proceeding. Added by Acts 2023, 88th Leg., R.S., Ch. 769 (H.B. 4611 ), Sec. 1.01, eff. April 1, 2025.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § GV.540.0205

What does The Texas Constitution § GV.540.0205 cover?

Section GV.540.0205 ("CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § GV.540.0205?

A common citation format is "The Texas Constitution § GV.540.0205" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § GV.540.0205 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.