CS/HB 697: Drug Prices and Coverage
GENERAL BILL by Health & Human Services Committee ; Kincart Jonsson ; (CO-INTRODUCERS) Basabe ; Gerwig ; 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
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2026.
Last Action: 3/18/2026 - Signed by Officers and presented to Governor
Bill Text: PDF
Last Action: 3/18/2026 - Signed by Officers and presented to Governor
Bill Text: PDF
Senate Committee References:
- Rules (RC)
-
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)
3/2/2026 House • Bill referred to House Calendar
• Added to Second Reading Calendar
• Bill added to Special Order Calendar (3/5/2026)
3/5/2026 House • Read 2nd time
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 108, NAYS 0
3/5/2026 Senate • In Messages
• Referred to Rules
• Received
3/10/2026 Senate • Withdrawn from Rules -SJ 732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 House • In Messages
3/12/2026 House • 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
-
CS/HB 697, Enrolled (Current Bill Version) Posted 3/13/2026 at 8:54 AM
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 Compare Last Action: 1/13/2026 S Introduced 
S 1760 (c2) Health Care Coverage Brodeur Compare Last Action: 3/10/2026 S Laid on Table, refer to CS/HB 697 -SJ 732
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 626.8825 Pharmacy benefit manager transparency and accountability. Page 2 (pdf) 626.8827 Pharmacy benefit manager prohibited practices. Page 5 (pdf) -
CS/HB 697, Engrossed 1 Posted 3/13/2026 at 8:46 AM
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 Compare Last Action: 1/13/2026 S Introduced
S 1760 (c2) Health Care Coverage Brodeur Compare Last Action: 3/10/2026 S Laid on Table, refer to CS/HB 697 -SJ 732
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 626.8825 Pharmacy benefit manager transparency and accountability. Page 1 (pdf) 626.8827 Pharmacy benefit manager prohibited practices. Page 4 (pdf) -
CS/HB 697, Committee Substitute 1 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 Compare Last Action: 1/13/2026 S Introduced
S 1760 (c2) Health Care Coverage Brodeur Compare Last Action: 3/10/2026 S Laid on Table, refer to CS/HB 697 -SJ 732
Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 664532 - Amendment
Delete line 106 and insert:Brodeur 3/10/2026
5:00 PMHouse: Concur
3/12/2026Web Page
PDFFloor Votes (3)
Date Chamber Result 3/5/2026 10:34 AM House 108 Yeas - 0 Nays 3/10/2026 6:01 PM Senate 38 Yeas - 0 Nays 3/12/2026 2:41 PM House 108 Yeas - 0 Nays Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 626.8825 Pharmacy benefit manager transparency and accountability. Page 1 (pdf) 626.8827 Pharmacy benefit manager prohibited practices. Page 4 (pdf) -
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: 3/10/2026 S Laid on Table, refer to CS/HB 697 -SJ 732
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 PMAdopted without Objection
2/26/2026PDF 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)