AB173Introduced in the Assembly
Regulation of pharmacy benefit managers, fiduciary and disclosure requirements on pharmacy benefit managers, and application of prescription drug payments to health insurance cost-sharing requirements. (FE)
Introduced by Todd Novak, District 51
What does this bill do?
Plain-English breakdown
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Official description
An Act to repeal 632.865 (2) and 632.865 (5) (e); to renumber 632.865 (4); to amend 40.51 (8), 40.51 (8m), 66.0137 (4), 120.13 (2) (g), 185.983 (1) (intro.), 609.83, 632.861 (4) (a), 632.865 (1) (ae) and 632.865 (6) (c) 3.; to create 632.861 (1m), 632.861 (3g), 632.861 (3r), 632.861 (4) (e), 632.862, 632.865 (1) (ab) and (ac), 632.865 (1) (an), (aq) and (at), 632.865 (1) (bm), 632.865 (1) (cg) and (cr), 632.865 (2d), 632.865 (2h), 632.865 (2p), 632.865 (2t), 632.865 (4) (b), 632.865 (4m), 632.865 (5d), 632.865 (5h), 632.865 (5p), 632.865 (5t), 632.865 (6) (bm), 632.865 (6) (c) 3m., 632.865 (6g), 632.865 (6r) and 632.865 (8) of the statutes; Relating to: regulation of pharmacy benefit managers, fiduciary and disclosure requirements on pharmacy benefit managers, and application of prescription drug payments to health insurance cost-sharing requirements. (FE)
Where it stands
Failed to pass pursuant to Senate Joint Resolution 1
March 23, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced
Read first time and referred to Committee on Health, Aging and Long-Term Care
Representative Rivera-Wagner added as a coauthor
Fiscal estimate received
Representative Ortiz-Velez added as a coauthor
Senator Smith added as a cosponsor
Representative Udell added as a coauthor
Representative Emerson added as a coauthor
Fiscal estimate received
Representative Palmeri added as a coauthor
Representative J. Jacobson added as a coauthor
Representative Sinicki added as a coauthor
Representative Donovan added as a coauthor
Representative Cruz added as a coauthor
Senator Carpenter added as a cosponsor
Representative Andraca added as a coauthor
Assembly Amendment 1 offered by Representative Novak
Public hearing held
Representatives Stubbs and Hysell added as coauthors
Representative Franklin added as a coauthor
Representative Bare added as a coauthor
Failed to pass pursuant to Senate Joint Resolution 1
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