Pharmacy benefit managers; modifying definitions; prohibiting certain circumstances; requiring nonpayment under providing venue for certain court proceeding; allowing Attorney General to obtain certain information. Effective date.
SB 773 regulates pharmacy benefit managers (PBMs) in Oklahoma by prohibiting "spread pricing" (where PBMs charge health plans more than they pay pharmacies) and requiring equal reimbursement rates for independent pharmacies compared to PBM-owned pharmacies. It bans PBMs from charging fees for claim submissions, network enrollment, or claims processing, and mandates that PBMs provide fair access to pharmacy networks. The bill also grants the Attorney General authority to review PBM network access and enforce compliance. These changes directly affect PBMs, pharmacies, and health plans administering prescription drug coverage in Oklahoma.
Bill status
vetoed
4 of 5 stages cleared
Introduction
Feb 2025
Committee Review
May 2025
Senate Passage
Mar 2025
House Passage
May 2025
Vetoed
May 2025
Introduced Feb 3, 2025
Vetoed May 29, 2025
Maddy AI version diff · 5 comparisons
What changed between versions
Floor (House)
→
Floor (Senate)
·
3 edits
MINOR
This bill version was revised from the House to the Senate floor, updating formatting and organizational structure while maintaining the core legislative intent. The substantive policy content remains consistent between versions, with the Senate version adding a committee substitute designation and adjusting page headers. No significant policy changes were made to the actual bill provisions.
TECHNICAL
Updated document header from 'HOUSE OF REPRESENTATIVES' to 'SENATE FLOOR VERSION' with revised date and page numbering format
Changed bill designation from 'ENGROSSED SENATE' to 'COMMITTEE SUBSTITUTE' to reflect Senate floor processing status
Reformatted page headers to show 'SENATE FLOOR VERSION - SB773 SFLR' instead of 'SB773 HFLR' with updated bold face notation for committee amendments
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
27
Key actions
7
Committee
6
May 29, 2025
Vetoed
Veto override message received
lower
May 29, 2025
Vetoed
Veto overridden: Ayes: 47 Nays: 0
upper
May 12, 2025
Vetoed
Vetoed 05/10/2025
upper
May 5, 2025
Committee
Referred for enrollment
upper
May 5, 2025
Lower · Passed
Third Reading, Measure passed: Ayes: 88 Nays: 0
lower
Apr 15, 2025
Lower · Passed
CR; Do Pass Health and Human Services Oversight Committee
lower
Apr 9, 2025
Lower · Passed
Policy recommendation to the Health and Human Services Oversight committee; Do Pass Public Health
lower
Apr 1, 2025
Committee
Referred to Public Health
lower
Mar 26, 2025
Introduced
First Reading
lower
Mar 26, 2025
Upper · Passed
Engrossed to House
upper
Mar 25, 2025
Committee
Referred for engrossment
upper
Mar 25, 2025
Upper · Passed
Measure passed: Ayes: 45 Nays: 0
upper
Feb 20, 2025
Upper · Passed
Reported Do Pass, amended by committee substitute Business and Insurance committee; CR filed
upper
Feb 3, 2025
Introduced
First Reading
upper
2 primary · 0 co-sponsors
Sponsors
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