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SB 881 Pub

Insurance, Health, Accident - As enacted, removes the aggregate penalty limits for violations of law concerning pharmacy benefits managers; provides that a pharmacy benefits manager regulated under law relative to pharmacy benefits managers is subject to the insurance laws relative to timely reimbursement of health insurance claims and its requirements for timing of payments to pharmacists; provides that a violation of the prompt pay standards is governed by the penalties set out in insurance laws relative to timely reimbursement of health insurance claims. - Amends TCA Title 56.

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Legislative Timeline

24 actions
  1. May 15, 2025 lower
    Pub. Ch. 446
  2. May 15, 2025 lower
    Effective date(s) 05/09/2025
  3. May 9, 2025 lower
    Signed by Governor.
  4. May 1, 2025 lower
    Transmitted to Governor for action.
  5. Apr 30, 2025 lower
    Signed by H. Speaker
  6. Apr 29, 2025 upper
    Signed by Senate Speaker
  7. Apr 28, 2025 lower
    Enrolled and ready for signatures
  8. Apr 21, 2025 lower
    Subst. for comp. HB.
  9. Apr 21, 2025 lower
    Am. withdrawn. (Amendment 1 - HA0285)
  10. Apr 21, 2025 lower
    Passed H., Ayes 93, Nays 0, PNV 0
  11. Apr 3, 2025 lower
    Rcvd. from S., held on H. desk.
  12. Mar 31, 2025 lower
    Senate adopted Amendment (Amendment 1 - SA0237)
  13. Mar 31, 2025 upper
    Passed Senate as amended, Ayes 30, Nays 0
  14. Mar 31, 2025 lower
    Engrossed; ready for transmission to House
  15. Mar 31, 2025 lower
    Sponsor(s) Added.
  16. Mar 28, 2025 lower
    Placed on Senate Regular Calendar for 3/31/2025
  17. Mar 25, 2025 upper
    Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
  18. Mar 19, 2025 lower
    Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
  19. Mar 18, 2025 lower
    Action deferred in Senate Commerce and Labor Committee to 3/25/2025
  20. Mar 13, 2025 lower
    Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  21. Mar 11, 2025 lower
    Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  22. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate Commerce and Labor Committee
  23. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  24. Feb 5, 2025 lower
    Filed for introduction
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