89th Legislature

HB 5457

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 5457 prohibits pharmacy benefit managers (PBMs) from owning or having controlling interests in pharmacies. It requires PBMs to divest from such affiliations by January 1, 2027, or risk losing their pharmacy licenses. The bill also mandates a biennial comptroller report assessing the impact of PBM regulations on independent and rural pharmacies, prescription drug prices, and competition.
Author
John Bryant