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Measure details
Measure Title: RELATING TO PHARMACY BENEFIT MANAGERS.
Report Title: Insurance Commissioner; Pharmacy Benefit Managers; Prescription Drugs; Maximum Allowable Cost; Contracting Pharmacies; Appropriation ($)
Description: Establishes certain requirements for pharmacy benefit managers, other than health maintenance organizations that own and operate their own pharmacies, that reimburse contracting pharmacies for drugs on a maximum allowable cost basis. Allows contracting pharmacies to reverse and rebill claims if a maximum allowable cost is denied on appeal. Authorizes the Insurance Commissioner to assess fines for violations. Appropriates funds. Effective 7/1/3000. (HD2)
Companion:
Package: None
Current Referral: HLT, CPC, FIN
Introducer(s): KEOHOKALOLE, CHANG, FEVELLA, MCKELVEY, RICHARDS, SAN BUENAVENTURA
Act:

Measure Status History

Sort by Date
DateChamberStatus Text
3/30/2026HReport adopted; referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Lowen, Perruso, Quinlan excused (4).
3/30/2026HReported from CPC (Stand. Com. Rep. No. 1483-26) as amended in HD 2, recommending referral to FIN.
3/24/2026HThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
3/20/2026HBill scheduled to be heard by CPC on Tuesday, 03-24-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
3/20/2026HPassed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1).
3/20/2026HReported from HLT (Stand. Com. Rep. No. 1278-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
3/18/2026HThe committee on HLT recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Takayama, Keohokapu-Lee Loy, Amato, Marten, Olds, Takenouchi, Alcos, Garcia; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Hartsfield.
3/12/2026HBill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
3/12/2026HReferred to HLT, CPC, FIN, referral sheet 17
3/12/2026HPass First Reading
3/10/2026HReceived from Senate (Sen. Com. No. 156) in amended form (SD 2).
3/10/2026SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/6/2026S48 Hrs. Notice 03-10-26.
3/6/2026SReported from CPN/WAM (Stand. Com. Rep. No. 2918) with recommendation of passage on Third Reading, as amended (SD 2).
3/3/2026SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
3/3/2026SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
2/27/2026SThe committee(s) on CPN/WAM will hold a public decision making on 03-03-26 10:16AM; Conference Room 211 & Videoconference.
2/11/2026SReport adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.
2/11/2026SReported from HHS (Stand. Com. Rep. No. 2200) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/WAM.
2/3/2026SRe-Referred to HHS, CPN/WAM.
2/2/2026SThe committee(s) on HHS recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HHS were as follows: 5 Aye(s): Senator(s) San Buenaventura, McKelvey, Kanuha, Keohokalole, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
1/30/2026SThe committee(s) on HHS has scheduled a public hearing on 02-02-26 1:05PM; Conference Room 225 & Videoconference.
1/22/2026SReferred to HHS, CPN.
1/21/2026SIntroduced and passed First Reading.
1/14/2026SPending Introduction.

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All Versions of this Measure

SB2047_HD2 Link to SB2047_HD2 .PDF file
SB2047_SD2 Link to SB2047_SD2 .PDF file
SB2047_SD1 Link to SB2047_SD1 .PDF file
SB2047_HD1 Link to SB2047_HD1 .PDF file
SB2047 Link to SB2047 .PDF file

Committee Reports

SB2047_SD1_SSCR2200_ Link to committee report SB2047_SD1_SSCR2200_ .PDF file (opens in new window)
SB2047_SD2_SSCR2918_ Link to committee report SB2047_SD2_SSCR2918_ .PDF file (opens in new window)
SB2047_HD1_HSCR1278-26_ Link to committee report SB2047_HD1_HSCR1278-26_ .PDF file (opens in new window)
SB2047_HD2_HSCR1483-26_ Link to committee report SB2047_HD2_HSCR1483-26_ .PDF file (opens in new window)

Testimony

SB2047_TESTIMONY_HHS_02-02-26_
SB2047_SD1_TESTIMONY_WAM-CPN_03-03-26_
SB2047_SD2_TESTIMONY_HLT-HSH_03-18-26_
SB2047_HD1_TESTIMONY_CPC_03-24-26_

Hearing Notices

HHS
2/02/26 1:05P
CR 225 & Videoconference
CPN/WAM
3/03/26 10:16A
CR 211 & Videoconference
HLT
3/18/26 9:00A
329 VIA VIDEOCONFERENCE
CPC
3/24/26 2:00P
329 VIA VIDEOCONFERENCE