Insurance, Health, Accident - As introduced, directs the commissioner of commerce and insurance to publish and submit to the general assembly on or before October 1, 2026, a report containing data on alleged statutory violations by pharmacy benefits managers during the previous fiscal year for failing to meet requirements for timely reimbursements to pharmacies; the report must include data on the number of alleged violations reported, the commissioner's findings from any ensuing investigations, and any penalties imposed for findings of violations. - Amends TCA Title 56, Chapter 7, Part 31 and Title 56, Chapter 7, Part 32.
SB 1796 requires Tennessee's Commissioner of Commerce and Insurance to publish a report by October 1, 2026, detailing alleged violations of pharmacy reimbursement laws (specifically §56-7-3124) by pharmacy benefits managers (PBMs) during the prior fiscal year. The report must include the total number of reported violations, the commissioner's investigation findings, and any penalties imposed for violations. This bill directly affects PBMs (who manage prescription drug benefits for insurers) and pharmacies that may face delayed reimbursements, by mandating transparency in enforcement actions without creating new penalties or requirements.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2026
Last action Apr 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
5
Committee
7
Apr 7, 2026
Committee
Assigned to General Subcommittee of Senate Commerce and Labor Committee
lower
Apr 1, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 4/7/2026
lower
Mar 10, 2026
Lower · Passed
Action deferred in Senate Commerce & Labor Committee to 3/17/2026
lower
Mar 4, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/10/2026
lower
Mar 3, 2026
Lower · Passed
Action deferred in Senate Commerce and Labor Committee to 3/10/2026
lower
Feb 24, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/3/2026
lower
Jan 22, 2026
Committee
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Jan 21, 2026
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shane Reeves
RRepublican
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