CS/HB 697: Drug Prices and Coverage
GENERAL BILL by Health & Human Services Committee ; Kincart Jonsson ; (CO-INTRODUCERS) Basabe ; Gerwig ; Mooney ; Nix ; Rosenwald
Drug Prices and Coverage ; Revises definition of term "pharmacy benefits plan or program" to exclude plan or program that exclusively serves PACE organization; requires contracts between pharmacy benefit managers & participating pharmacies to allow specified option in administrative appeal procedure; provides pharmacy benefit manager prohibited practices relating to pharmacies & pharmacists. APPROPRIATION: $30,901,933
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2026.
Last Action: 3/18/2026 - Signed by Officers and presented to Governor
Bill Text: PDF
Last Action: 3/18/2026 - Signed by Officers and presented to Governor
Bill Text: PDF
Senate Committee References:
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/9/2025 | House |
• Filed |
| 12/16/2025 | House |
• Referred to Health Care Facilities & Systems Subcommittee • Referred to Budget Committee • Referred to Health & Human Services Committee • Now in Health Care Facilities & Systems Subcommittee |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 1/16/2026 | House |
• Added to Health Care Facilities & Systems Subcommittee agenda |
| 1/21/2026 | House |
• Favorable by Health Care Facilities & Systems Subcommittee • Reported out of Health Care Facilities & Systems Subcommittee • Now in Budget Committee |
| 1/23/2026 | House |
• Added to Budget Committee agenda |
| 1/27/2026 | House |
• Favorable by Budget Committee • Reported out of Budget Committee • Now in Health & Human Services Committee |
| 2/24/2026 | House |
• Added to Health & Human Services Committee agenda |
| 2/26/2026 | House |
• Favorable with CS by Health & Human Services Committee • Reported out of Health & Human Services Committee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1) |
| 3/2/2026 | House |
• Bill referred to House Calendar • Added to Second Reading Calendar • Bill added to Special Order Calendar (3/5/2026) |
| 3/5/2026 | House |
• Read 2nd time • Added to Third Reading Calendar • Read 3rd time • CS passed; YEAS 108, NAYS 0 |
| 3/5/2026 | Senate |
• In Messages • Referred to Rules • Received |
| 3/10/2026 | Senate |
• Withdrawn from Rules -SJ 732 • Placed on Calendar, on 2nd reading • Substituted for CS/CS/SB 1760 -SJ 732 • Read 2nd time -SJ 732 • Amendment(s) adopted (664532) -SJ 732 • Read 3rd time -SJ 733 • CS passed as amended; YEAS 38 NAYS 0 -SJ 733 |
| 3/10/2026 | House |
• In Messages |
| 3/12/2026 | House |
• Added to Senate Message List • Amendment 664532 Concur • CS passed as amended; YEAS 108, NAYS 0 • Ordered engrossed, then enrolled |
| 3/18/2026 |
• Signed by Officers and presented to Governor |
