- Associated Press - Monday, May 12, 2014

OKLAHOMA CITY (AP) - Gov. Mary Fallin has signed 21 bills into law, including one on how pharmacy benefit managers are regulated in Oklahoma.

Fallin signed the bills on Monday, including one that resulted from lengthy negotiations between Oklahoma pharmacists and groups representing pharmacy benefit managers, typically third-party administrators of prescription drug programs.

The bill requires a pharmacy benefits manager to obtain a license from the Oklahoma Department of Insurance, and directs that agency to develop licensure procedures.

Other bills Fallin signed Monday deal with highway advertising, competitive bidding, wrecker operators, maintaining agency records, and other topics.

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