CS/HB 697: Drug Prices and Coverage

GENERAL BILL by Health & Human Services Committee, Kincart Jonsson; (CO-INTRODUCERS) Barnaby, Basabe, Eskamani, Gerwig, Hunschofsky, 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

Current Bill Version Posted: 3/13/2026 08:54 AM

• Senate Committee References (1)

  1. Rules (RC)

• Related Bills (2)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  S 1158 by Grall Drug Prices and Coverage Last Action: 3/13/2026 S Died in Health Policy	Compare
  S 1760 (c2) by Brodeur Health Care Coverage Last Action: 3/10/2026 S Laid on Table, refer to CS/HB 697 -SJ 732	Compare

• Citations - Statute (2)

  The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
  
  The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.

  626.8825	Pharmacy benefit manager transparency and accountability.	Page 2 (pdf)
  626.8827	Pharmacy benefit manager prohibited practices.	Page 5 (pdf)

• Bill History

  S = Senate, H = House

  12/9/2025	H	• Filed
  12/16/2025	H	• 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	H	• 1st Reading (Original Filed Version)
  1/16/2026	H	• Added to Health Care Facilities & Systems Subcommittee agenda
  1/21/2026	H	• Favorable by Health Care Facilities & Systems Subcommittee • Reported out of Health Care Facilities & Systems Subcommittee • Now in Budget Committee
  1/23/2026	H	• Added to Budget Committee agenda
  1/27/2026	H	• Favorable by Budget Committee • Reported out of Budget Committee • Now in Health & Human Services Committee
  2/24/2026	H	• Added to Health & Human Services Committee agenda
  2/26/2026	H	• 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	H	• Bill referred to House Calendar • Added to Second Reading Calendar • Bill added to Special Order Calendar (3/5/2026)
  3/5/2026	H	• Read 2nd time • Added to Third Reading Calendar • Read 3rd time • CS passed; YEAS 108, NAYS 0
  3/5/2026	S	• In Messages • Referred to Rules • Received
  3/10/2026	S	• 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	H	• In Messages
  3/12/2026	H	• 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
  3/24/2026		• Approved by Governor
  3/25/2026		• Chapter No. 2026-4