House committee advances H.266 requiring hospitals to report estimated 340B savings to Green Mountain Care Board

A House committee voted to amend and approve H.266, a bill addressing protections for 340B covered entities and 340B contract pharmacies, advancing a strike‑all amendment that narrows and refocuses hospital reporting requirements.

The amendment, adopted as draft 2.2, changes the annual reporting date from July 1 to January 31 to align with hospitals' fiscal year, replaces several detailed disclosures with an annual estimated savings figure, removes vendor names and certain expense reporting, and adds a repeal (sunset) of the reporting requirement effective Jan. 1, 2031. The committee recorded multiple affirmative roll‑call votes and noted one absence during the votes.

The Office of Legislative Council staff explained the amendment. "We are looking at draft 2.1. This is h 2 66 and act relating to protections for 3 40 b covered entities and 3 40 b contract pharmacies," said Jen Carvey, Office of Legislative Council. Carvey summarized the reporting changes, including the shift in the annual reporting date and the replacement of earlier detailed cost and vendor disclosures with a required "annual estimated…