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SB669Introduced in the Senate

Pharmacy benefits managers; requirements, application of law, report, delayed effective date.

Passed

Introduced by Aaron Rouse, District 22

What does this bill do?

Plain-English breakdown

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Official description

Pharmacy benefits managers; requirements; scope; report. Requires all health insurance carriers to use the pass-through pricing model and may limit a pharmacy benefits manager from deriving income from pharmacy benefits management services provided to a carrier except for income derived from a pharmacy benefits management fee. The bill prohibits a pharmacy benefits manager from (i) reversing and or resubmitting the claim of a pharmacist or pharmacy without meeting certain requirements, (ii) reducing any payment to a pharmacist or pharmacy to an effective rate of reimbursement, or (iii) retroactively denying or reducing a claim or aggregate of claims except under certain circumstances. The bill requires the State Corporation Commission (the Commission) to examine the practice of carriers or pharmacy benefits managers requiring or inducing covered individuals to utilize pharmacy services at an affiliated pharmacy. The Commission is required to report its findings and recommendations to the General Assembly by December 1, 2027. Certain provisions of the bill have a delayed effective date of July 1, 2027. This bill incorporates SB 410 and SB 413 and is identical to HB 830.

Where it stands

Acts of Assembly Chapter text (CHAP0036)

March 31, 2026

How did lawmakers vote?

House of Delegates votes

2 recorded votes · each counted separately

Senate votes

5 recorded votes · each counted separately

SenateStage: House substitute agreed to by Senate (38-Y 0-N 0-A) · February 27, 2026

38

Yes

0

No

2

Absent or Not Voting

40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26105407D

  2. Referred to Committee on Commerce and Labor

  3. Senate committee offered

  4. Senate committee offered

  5. Incorporates SB410 (Peake)

  6. Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (15-Y 0-N)

  7. Incorporates SB413 (Peake)

  8. Committee substitute printed 26106220D-S1

  9. Reported from Finance and Appropriations (15-Y 0-N)

  10. Rules suspended

  11. Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)

  12. Passed by for the day Block Vote (Voice Vote)

  13. Read second time

  14. Commerce and Labor Substitute agreed to

  15. Engrossed by Senate - committee substitute Block Vote (Voice Vote)

  16. Read third time and passed Senate (40-Y 0-N 0-A)

  17. Fiscal Impact Statement from State Corporation Commission (SB669)

  18. Placed on Calendar

  19. Read first time

  20. Referred to Committee on Labor and Commerce

  21. Reported from Labor and Commerce with substitute (20-Y 0-N)

  22. Committee substitute printed 26108250D-H1

  23. Read second time

  24. Moved from Uncontested Calendar to Regular Calendar

  25. Passed by for the day

  26. Floor substitute printed 26108552D-H2 (Callsen)

  27. Floor offered Delegate Callsen Substitute

  28. Read third time

  29. committee substitute rejected

  30. Delegate Callsen Floor substitute agreed to

  31. Engrossed by House - floor substitute

  32. Passed House with substitute (98-Y 0-N 0-A)

  33. House substitute agreed to by Senate (38-Y 0-N 0-A)

  34. Enrolled

  35. Bill text as passed Senate and House (SB669ER)

  36. Signed by Speaker

  37. Signed by President

  38. Enrolled Bill communicated to Governor on March 10, 2026

  39. Governor's Action Deadline 11:59 p.m., April 13, 2026

  40. Fiscal Impact Statement from State Corporation Commission (SB669)

  41. Approved by Governor-Chapter 36 (Effective 7/1/2027)

  42. Acts of Assembly Chapter text (CHAP0036)

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