SB 669 VA

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Became Law

Pharmacy benefits managers; requirements; scope; report. Requires all health insurance carriers to use the pass-through pricing model and may limit a pharmacy benefits manager from deriving income from pharmacy benefits management services provided to a carrier except for income derived from a pharmacy benefits management fee. The bill prohibits a pharmacy benefits manager from (i) reversing and or resubmitting the claim of a pharmacist or pharmacy without meeting certain requirements, (ii) reducing any payment to a pharmacist or pharmacy to an effective rate of reimbursement, or (iii) retroactively denying or reducing a claim or aggregate of claims except under certain circumstances. The bill requires the State Corporation Commission (the Commission) to examine the practice of carriers or pharmacy benefits managers requiring or inducing covered individuals to utilize pharmacy services at an affiliated pharmacy. The Commission is required to report its findings and recommendations to the General Assembly by December 1, 2027. Certain provisions of the bill have a delayed effective date of July 1, 2027. This bill incorporates SB 410 and SB 413 and is identical to HB 830.

• Aaron R. Rouse Democratic · primary

1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26105407D · upper
2. Jan 14, 2026 Referred to Committee on Commerce and Labor · upper
3. Jan 26, 2026 Senate committee offered · upper
4. Jan 26, 2026 Senate committee offered · upper
5. Jan 26, 2026 Incorporates SB410 (Peake) · upper
6. Jan 26, 2026 Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (15-Y 0-N) · upper
7. Jan 26, 2026 Incorporates SB413 (Peake) · upper
8. Jan 27, 2026 Committee substitute printed 26106220D-S1 · upper
9. Feb 3, 2026 Reported from Finance and Appropriations (15-Y 0-N) · upper
10. Feb 4, 2026 Rules suspended · upper
11. Feb 4, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
12. Feb 4, 2026 Passed by for the day Block Vote (Voice Vote) · upper
13. Feb 5, 2026 Read second time · upper
14. Feb 5, 2026 Commerce and Labor Substitute agreed to · upper
15. Feb 5, 2026 Engrossed by Senate - committee substitute Block Vote (Voice Vote) · upper
16. Feb 6, 2026 Read third time and passed Senate (40-Y 0-N 0-A) · upper
17. Feb 10, 2026 Fiscal Impact Statement from State Corporation Commission (SB669) · upper
18. Feb 12, 2026 Placed on Calendar · lower
19. Feb 12, 2026 Read first time · lower
20. Feb 12, 2026 Referred to Committee on Labor and Commerce · lower
21. Feb 19, 2026 Reported from Labor and Commerce with substitute (20-Y 0-N) · lower
22. Feb 19, 2026 Committee substitute printed 26108250D-H1 · lower
23. Feb 23, 2026 Read second time · lower
24. Feb 24, 2026 Moved from Uncontested Calendar to Regular Calendar · lower
25. Feb 24, 2026 Passed by for the day · lower
26. Feb 25, 2026 Floor substitute printed 26108552D-H2 (Callsen) · lower
27. Feb 25, 2026 Floor offered Delegate Callsen Substitute · lower
28. Feb 25, 2026 Read third time · lower
29. Feb 25, 2026 committee substitute rejected · lower
30. Feb 25, 2026 Delegate Callsen Floor substitute agreed to · lower
31. Feb 25, 2026 Engrossed by House - floor substitute · lower
32. Feb 25, 2026 Passed House with substitute (98-Y 0-N 0-A) · lower
33. Feb 27, 2026 House substitute agreed to by Senate (38-Y 0-N 0-A) · upper
34. Mar 4, 2026 Enrolled · upper
35. Mar 4, 2026 Bill text as passed Senate and House (SB669ER) · upper
36. Mar 4, 2026 Signed by Speaker · lower
37. Mar 4, 2026 Signed by President · upper
38. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
39. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
40. Mar 12, 2026 Fiscal Impact Statement from State Corporation Commission (SB669) · upper
41. Mar 31, 2026 Approved by Governor-Chapter 36 (effective 7/1/2026) · executive
42. Mar 31, 2026 Acts of Assembly Chapter text (CHAP0036) · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Chaptered · PDF
• Chaptered · HTML
• Enrolled · PDF
• Enrolled · HTML
• Delegate Callsen Substitute · PDF
• Delegate Callsen Substitute · HTML
• Labor and Commerce Substitute · PDF
• Labor and Commerce Substitute · HTML
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Introduced · PDF
• Introduced · HTML