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CS/HB 697: Drug Prices and Coverage

GENERAL BILL by Health & Human Services Committee ; Kincart Jonsson

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.

Effective Date: 7/1/2026
Last Action: 2/26/2026 House - 1st Reading (Committee Substitute 1)
Bill Text: PDF

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  • 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)

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  • CS/HB 697, Committee Substitute 1 (Current Bill Version) Posted 2/26/2026 at 6:24 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 Drug Prices and Coverage Grall Similar Last Action: 1/13/2026 S Introduced
    S 1760 (c1) Health Care Coverage Brodeur Compare Last Action: 2/25/2026 S On Committee agenda-- Appropriations, 03/02/26, 12:00 pm, 110 Senate Building

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    626.8825 Pharmacy benefit manager transparency and accountability. Page 7 (pdf)
    626.8827 Pharmacy benefit manager prohibited practices. Page 12 (pdf)

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  • HB 697, Original Filed Version Posted 12/9/2025 at 1:10 PM

    Bill Text:   PDF
    Analyses:   Health Care Facilities & Systems Subcommittee (Post-Meeting) 1/21/2026 (pdf)
    Budget Committee (Post-Meeting) 1/27/2026 (pdf)
    Health & Human Services Committee (Post-Meeting) 2/26/2026 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1158 Drug Prices and Coverage Grall Similar Last Action: 1/13/2026 S Introduced
    S 1760 (c1) Health Care Coverage Brodeur Compare Last Action: 2/25/2026 S On Committee agenda-- Appropriations, 03/02/26, 12:00 pm, 110 Senate Building

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    092027 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Kincart Jonsson 2/25/2026
    4:45 PM
    Adopted without Objection
    2/26/2026
    PDF

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    381.02036 Page 3 (pdf)
    465.0244 Information disclosure. Page 5 (pdf)
    499.044 Page 5 (pdf)
    626.8825 Pharmacy benefit manager transparency and accountability. Page 7 (pdf)
    626.8827 Pharmacy benefit manager prohibited practices. Page 12 (pdf)
    627.4231 Page 12 (pdf)
    627.42398 Page 14 (pdf)
    627.6699 Employee Health Care Access Act. Page 16 (pdf)
    641.30 Construction and relationship to other laws. Page 19 (pdf)
    641.31 Health maintenance contracts. Page 19 (pdf)

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