HB1955

AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 7, Part 31 and Title 56, Chapter 7, Part 32, relative to pharmacy benefits managers.

Introduced·1/22/26
Draft Text

Tennessee HB1955 mandates a report on pharmacy benefits manager violations by October 1, 2026.

Tennessee HB1955 amends Tennessee Code to require the commissioner to submit a report by October 1, 2026, detailing violations of § 56-7-3124 reported during the fiscal year ending June 30, 2026. The report must include the total number of violations, findings from any investigations, and penalties imposed on pharmacy benefits managers. The report will be submitted to the chief clerk of the senate, the chief clerk of the house of representatives, and the legislative librarian, and may be published electronically. The act takes effect immediately upon becoming law.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

0
3
RRR
Democratic CaucusRepublican Caucus

History

Feb 18

House

Sponsor(s) Added.

Feb 17

House

Sponsor(s) Added.

Feb 4

House

P2C, ref. to Insurance Committee