S 438 New York Senate · 2025 Regular Session

Establishes the prescription drug supply chain transparency act

Summary

Establishes the prescription drug supply chain transparency act; requires pharmacy services administrative organizations, pharmacy switch companies and rebate aggregators to register with the insurance department and to provide certain disclosures relating to the ownership and activities of such entities; relates to deposits into the pharmacy benefit manager regulatory fund.

Issues: ✓ Healthcare

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Mar 2026

Senate Passage

Mar 2026

Assembly Passage

Governor

Introduced Jan 8, 2025 Last action Mar 24, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S438 → S438A · 3 edits

MINOR

The bill was renumbered from S 438 to S 438-A and had additional sponsors (Senators Liu and Webb) added after being referred back to committee. The substantive legislative text appears unchanged, with only formatting and tracking numbers updated.

Scope change

No substantive change to the bill's scope, applicability, or policy provisions. The changes are administrative and procedural.

TECHNICAL

Bill number changed from S 438 to S 438-A, indicating a revision or amendment version.

Additional sponsors (Senators Liu and Webb) were added to the bill introduction.

Procedural history was updated to reflect the bill was recommitted to the Insurance Committee and passed through Senate procedures.

Floor votes · Senate Feb 25, 2025

How they voted

57–4

Passed · 2 other

Total votes 63

Feb 25, 2025

D Democratic41

39 Yea 2

95% Yea

R Republican22

18 Yea 4 Nay

81% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 24, 2026

Committee

REFERRED TO INSURANCE

lower

Mar 24, 2026

Upper · Passed

REPASSED SENATE

upper

Feb 25, 2026

Upper · Passed

AMENDED ON THIRD READING 438A

upper

Feb 24, 2026

Committee

REFERRED TO INSURANCE

lower

Feb 24, 2026

Upper · Passed

PASSED SENATE

upper

Jan 7, 2026

Committee

REFERRED TO INSURANCE

upper

Feb 25, 2025

Committee

REFERRED TO INSURANCE

lower

Feb 25, 2025

Upper · Passed

PASSED SENATE

upper

Jan 8, 2025

Committee

REFERRED TO INSURANCE

upper

1 primary · 2 co-sponsors