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SB0881Introduced in the Senate

AN ACT to amend Tennessee Code Annotated, Title 56, relative to pharmacy benefits managers.

Passed

Introduced by Shane Reeves, District 14

What does this bill do?

Plain-English breakdown

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Official description

As enacted, removes the aggregate penalty limits for violations of law concerning pharmacy benefits managers; provides that a pharmacy benefits manager regulated under law relative to pharmacy benefits managers is subject to the insurance laws relative to timely reimbursement of health insurance claims and its requirements for timing of payments to pharmacists; provides that a violation of the prompt pay standards is governed by the penalties set out in insurance laws relative to timely reimbursement of health insurance claims. - Amends TCA Title 56.

Where it stands

Effective date(s) 05/09/2025

May 15, 2025

How did lawmakers vote?

House votes

1 recorded vote · each counted separately

Senate votes

2 recorded votes · each counted separately

HouseStage: FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION · April 21, 2025

93

Yes

0

No

0

Absent or Not Voting

93 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each representative voted

Bill history

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  4. Placed on Senate Commerce and Labor Committee calendar for 3/18/2025

  5. Placed on Senate Commerce and Labor Committee calendar for 3/18/2025

  6. Action deferred in Senate Commerce and Labor Committee to 3/25/2025

  7. Placed on Senate Commerce and Labor Committee calendar for 3/25/2025

  8. Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0

  9. Placed on Senate Regular Calendar for 3/31/2025

  10. Senate adopted Amendment (Amendment 1 - SA0237)

  11. Passed Senate as amended, Ayes 30, Nays 0

  12. Engrossed; ready for transmission to House

  13. Sponsor(s) Added.

  14. Rcvd. from S., held on H. desk.

  15. Subst. for comp. HB.

  16. Am. withdrawn. (Amendment 1 - HA0285)

  17. Passed H., Ayes 93, Nays 0, PNV 0

  18. Enrolled and ready for signatures

  19. Signed by Senate Speaker

  20. Signed by H. Speaker

  21. Transmitted to Governor for action.

  22. Signed by Governor.

  23. Pub. Ch. 446

  24. Effective date(s) 05/09/2025

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