TN SB 881
enactedInsurance, Health, Accident - As enacted, removes the aggregate penalty limits for violations of law concerning pharmacy benefits managers; provides that a pharmacy benefits manager regulated under law relative to pharmacy benefits managers is subject to the insurance laws relative to timely reimbursement of health insurance claims and its requirements for timing of payments to pharmacists; provides that a violation of the prompt pay standards is governed by the penalties set out in insurance laws relative to timely reimbursement of health insurance claims. - Amends TCA Title 56.
Tennessee · 114S1 · upper
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Quick answers
Did TN SB 881 pass?
Yes. TN SB 881 has been enacted into law. Latest recorded action (2025-05-15): Pub. Ch. 446
What is TN SB 881 about?
TN SB 881 is a bill in the 114S1 titled “Insurance, Health, Accident - As enacted, removes the aggregate penalty limits for violations of law concerning pharmacy benefits managers; provides that a pharmacy benefits manager regulated under law relative to pharmacy benefits managers is subject to the insurance laws relative to timely reimbursement of health insurance claims and its requirements for timing of payments to pharmacists; provides that a violation of the prompt pay standards is governed by the penalties set out in insurance laws relative to timely reimbursement of health insurance claims. - Amends TCA Title 56.”.
Who sponsors TN SB 881?
Reeves is the primary sponsor of TN SB 881.
- Introduced
- 2025-02-10
- Latest action
- 2025-05-15 — Pub. Ch. 446
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Reevesprimary
Committees
Not provided by source.
Action timeline
Newest first
2025-05-15
Pub. Ch. 446
2025-05-15
Effective date(s) 05/09/2025
2025-05-09
Signed by Governor.
executive-signature
2025-05-01
Transmitted to Governor for action.
executive-receipt
2025-04-30
Signed by H. Speaker
passage
2025-04-29
Signed by Senate Speaker
passage
2025-04-28
Enrolled and ready for signatures
enrolled
2025-04-21
Subst. for comp. HB.
substitution
2025-04-21
Am. withdrawn. (Amendment 1 - HA0285)
amendment-withdrawal
2025-04-21
Passed H., Ayes 93, Nays 0, PNV 0
passage
2025-04-03
Rcvd. from S., held on H. desk.
2025-03-31
Senate adopted Amendment (Amendment 1 - SA0237)
2025-03-31
Passed Senate as amended, Ayes 30, Nays 0
passage
2025-03-31
Engrossed; ready for transmission to House
receipt
2025-03-31
Sponsor(s) Added.
sponsorship
2025-03-28
Placed on Senate Regular Calendar for 3/31/2025
2025-03-25
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
2025-03-19
Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
2025-03-18
Action deferred in Senate Commerce and Labor Committee to 3/25/2025
2025-03-13
Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
2025-03-11
Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
2025-02-12
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
referral-committee
2025-02-10
Introduced, Passed on First Consideration
introduction
2025-02-05
Filed for introduction
filing
Versions
Documents
- application/pdf(no extracted text yet)
- application/pdf(no extracted text yet)
- application/pdf(no extracted text yet)
- (no extracted text yet)
- (no extracted text yet)
Votes
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 3/25/2025 Passed (2)
2025-03-25 · pass · 9-0
FLOOR VOTE: as Amended Third Consideration 3/31/2025 Passed (1)
2025-03-31 · pass · 30-0
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2025 Passed (1)
2025-04-21 · pass · 93-0
Related bills
- Companion bill: HB 1244
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-11-01T15:35:54.736541Z
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