ChangeBridge / Hawaii / SB2047 Passed
SB2047 Senate Bill
Passed
2026-03-10

Relating To Pharmacy Benefit Managers.

Establishes certain requirements for pharmacy benefit managers, other than health maintenance organizations that own and operate their own pharmacies, that reimburse contracting pharmacies for drugs on a maximum allowable cost basis. Allows contracting pharmacies to reverse and rebill claims if a maximum allowable cost is denied on appeal. Authorizes the Insurance Commissioner to assess fines for violations. Appropriates funds. Effective 7/1/3000. (HD2)

Bill Details

State

Hawaii

Session

2026 Regular Session

Chamber

Senate

Committee

Finance

Official Source

www.capitol.hawaii.gov/session/measure_ind...

LegiScan

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Sponsors

Jarrett Keohokalole (Sen - D)
Stanley Chang (Sen - D)
Kurt Fevella (Sen - R)
Angus McKelvey (Sen - D)
Tim Richards (Sen - D)
Joy San Buenaventura (Sen - D)

Action History

2026-03-30 H Report adopted; referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Lowen, Perruso, Quinlan excused (4).
2026-03-30 H Reported from CPC (Stand. Com. Rep. No. 1483-26) as amended in HD 2, recommending referral to FIN.
2026-03-24 H The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
2026-03-20 H Bill scheduled to be heard by CPC on Tuesday, 03-24-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
2026-03-20 H Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1).
2026-03-20 H Reported from HLT (Stand. Com. Rep. No. 1278-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
2026-03-18 H The committee on HLT recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Takayama, Keohokapu-Lee Loy, Amato, Marten, Olds, Takenouchi, Alcos, Garcia; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Hartsfield.
2026-03-12 H Bill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
2026-03-12 H Referred to HLT, CPC, FIN, referral sheet 17
2026-03-12 H Pass First Reading
2026-03-10 H Received from Senate (Sen. Com. No. 156) in amended form (SD 2).
2026-03-10 S Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2026-03-06 S 48 Hrs. Notice 03-10-26.
2026-03-06 S Reported from CPN/WAM (Stand. Com. Rep. No. 2918) with recommendation of passage on Third Reading, as amended (SD 2).
2026-03-03 S The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
2026-03-03 S The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
2026-02-27 S The committee(s) on CPN/WAM will hold a public decision making on 03-03-26 10:16AM; Conference Room 211 & Videoconference.
2026-02-11 S Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.
2026-02-11 S Reported from HHS (Stand. Com. Rep. No. 2200) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/WAM.
2026-02-03 S Re-Referred to HHS, CPN/WAM.
2026-02-02 S The committee(s) on HHS recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HHS were as follows: 5 Aye(s): Senator(s) San Buenaventura, McKelvey, Kanuha, Keohokalole, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2026-01-30 S The committee(s) on HHS has scheduled a public hearing on 02-02-26 1:05PM; Conference Room 225 & Videoconference.
2026-01-22 S Referred to HHS, CPN.
2026-01-21 S Introduced and passed First Reading.
2026-01-14 S Pending Introduction.

Votes

2026-02-02 Senate Health and Human Services: Passed, With Amendments Yea: 5 Nay: 0
2026-03-03 Senate Ways and Means: Passed, With Amendments Yea: 12 Nay: 0
2026-03-03 Senate Commerce and Consumer Protection: Passed, With Amendments Yea: 4 Nay: 0

Committee Referrals

2026-01-22 S Health and Human Services
2026-02-11 S Commerce and Consumer Protection
2026-03-12 H Health
2026-03-20 H Consumer Protection & Commerce
2026-03-30 H Finance

Bill Text Versions

2026-01-14 Introduced
2026-02-10 Amended
2026-03-05 Amended
2026-03-19 Amended
2026-03-27 Amended

Subjects

Pharmacy Benefit Managers Prescription Drugs Maximum Allowable Cost Contracting Pharmacies Insurance Commissioner Appropriation ($)

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