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  • Introduced
    Feb 05, 2025
  • Passed Senate
    Mar 31, 2025
  • Passed House
    Apr 21, 2025
  • Signed into Law
    May 09, 2025
SB 881
Tennessee Senate Bill
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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.
Last Action See all actions
executive • May 15, 2025: Effective date(s) 05/09/2025

Summary/Bill Text

Comments on SB 881

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Actions
  • May 15, 2025 | executive
    • Pub. Ch. 446
    • Effective date(s) 05/09/2025
  • May 09, 2025 | Senate
    • Signed by Governor.
  • May 01, 2025 | Senate
    • Transmitted to Governor for action.
  • Apr 30, 2025 | House
    • Signed by H. Speaker
  • Apr 29, 2025 | Senate
    • Signed by Senate Speaker
  • Apr 28, 2025 | Senate
    • Enrolled and ready for signatures
  • Apr 21, 2025 | House
    • Subst. for comp. HB.
    • Am. withdrawn. (Amendment 1 - HA0285)
    • Passed H., Ayes 93, Nays 0, PNV 0
  • Apr 03, 2025 | House
    • Rcvd. from S., held on H. desk.
  • Mar 31, 2025 | Senate
    • Senate adopted Amendment (Amendment 1 - SA0237)
    • Passed Senate as amended, Ayes 30, Nays 0
    • Engrossed; ready for transmission to House
    • Sponsor(s) Added.
  • Mar 28, 2025 | Senate
    • Placed on Senate Regular Calendar for 3/31/2025
  • Mar 25, 2025 | Senate
    • Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
  • Mar 19, 2025 | Senate
    • Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
  • Mar 18, 2025 | Senate
    • Action deferred in Senate Commerce and Labor Committee to 3/25/2025
  • Mar 13, 2025 | Senate
    • Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  • Mar 11, 2025 | Senate
    • Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  • Feb 12, 2025 | Senate
    • Passed on Second Consideration, refer to Senate Commerce and Labor Committee
  • Feb 10, 2025 | Senate
    • Introduced, Passed on First Consideration
  • Feb 05, 2025 | Senate
    • Filed for introduction