Pennsylvania State Capitol. Pennsylvania State Capitol. Photo credit: Zack Frank/Shutterstock.com |

FACEBOOK

Pennsylvania Attorney General Josh Shapiro, along with 41 other state attorneys general, sent a letter to Facebook CEO Mark Zuckerberg demanding answers about the company's business practices and privacy protections.

“Businesses like Facebook must comply with the law when it comes to how they use their customers' personal data,” Shapiro said in a statement. “State attorneys general have an important role to play in holding them accountable and I'm proud to partner with so many of my colleagues from both sides of the aisle in this effort.”

The letter came after news reports that the data of at least 50 million Facebook profiles may have been accessed by third-party software developers with the profile owners' consent.

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COMMUNITY REINVESTMENT ACT

Sen. Vincent Hughes, D-Montgomery, announced plans to introduce legislation establishing the Pennsylvania Community Reinvestment Act, joining other states that have created their own version of the federal legislation, including Massachusetts, New York and Connecticut.

“My legislation would establish the Pennsylvania Community Reinvestment Act to provide additional safeguards in the residential mortgage market,” Hughes said in a memorandum. “The bill would mirror much of the federal CRA but provide additional safeguards to root out racial disparities in lending practices. Specifically, my legislation would require banks demonstrate that race plays no factor in their lending decisions. These disclosures would be public information and provide an additional factor in determining a bank's compliance with the Pennsylvania Community Reinvestment Act.”

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PHARMACY BENEFITS MANAGER CONTRACTS

Sen. John Eichelberger Jr., R-Blair, announced plans to introduce legislation intended to modernize the process for selecting and monitoring pharmacy benefit manager contracts across Pennsylvania.

Eichelberger said the proposal was inspired by New Jersey's recent successful efforts to leverage technology to realize substantial savings in prescription drug costs for public employees.

“My legislation would authorize all public sector pharmacy benefit contracting in the commonwealth to take advantage of the same technology,” he said. “In selecting a PBM, public sector entities would be able to use a 'reverse auction' process, like that used in New Jersey. A 'reverse auction' provides complete historical data on all prescription claims covered in the prior year to potential bidders who submit their best prices in a multiple stage bidding process, wherein bids in each stage are analyzed to calculate the actual dollar cost of the submitted drug pricing proposals.” •