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Glossary of Legislative Terms

SB 742: Pharmacies and Pharmacy Benefit Managers

GENERAL BILL by Rodriguez

Pharmacies and Pharmacy Benefit Managers; Requiring that certain pharmacies be included in managed care plan pharmacy networks; requiring managed care plans to publish the Agency for Health Care Administration’s preferred drug list, rather than any prescribed drug formulary; providing requirements for managed care plans using pharmacy benefit managers; requiring the Office of Insurance Regulation to examine pharmacy benefit managers under certain circumstances; authorizing the Office of Insurance Regulation to suspend or revoke a pharmacy benefit manager’s registration or impose a fine for specified violations, etc.

Effective Date: Upon becoming a law
 Last Action: 3/14/2022 Senate - Died in Banking and Insurance, companion bill(s) passed, see HB 357 (Ch. 2022-200)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Health Policy (HP)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
11/2/2021 Senate • Filed
11/16/2021 Senate • Referred to Banking and Insurance; Health Policy; Appropriations -SJ 47
1/11/2022 Senate • Introduced -SJ 46
3/12/2022 Senate • Indefinitely postponed and withdrawn from consideration
3/14/2022 Senate • Died in Banking and Insurance, companion bill(s) passed, see HB 357 (Ch. 2022-200)