ArkansasSB4752025 Regular SessionSenate

TO ESTABLISH THE PHARMACY SERVICES ADMINISTRATIVE ORGANIZATION ACT; AND TO REGULATE PHARMACY SERVICES ADMINISTRATIVE ORGANIZATIONS.

Sponsored By: Les D. Eaves (Republican), Jonathan Dismang (Republican)

Enacted

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 0 costs, 2 mixed.

Pharmacies gain protection from exclusive purchasing

The law limits exclusive purchasing demands by pharmacy service firms with ownership ties to drug or medical device suppliers. It applies when a firm owns, or is partly or fully owned by, a maker, seller, or distributor. These firms cannot make a pharmacy contract depend on buying drugs, biological products, or devices only from an owner or affiliate. They must also report pharmacy purchase agreements with themselves or covered related entities to the Arkansas Insurance Department.

Pharmacies get contract details and appeal help

Pharmacy service firms must provide pharmacies signed contracts, amendments, and payment schedules or reimbursement rates within 3 calendar days after signing. They must disclose covered ownership ties to the state and, before contracting, to pharmacies and payers, with ongoing disclosure duties. These ties cover pharmacy service businesses and drug or device makers, sellers, and distributors; material changes require written notice within 5 calendar days. Contracts must require timely dispute communication, forwarding pharmacy appeals, and explanations and resubmission when appeals fail minimum contract requirements. In appeals covered by Arkansas law, information given to the firm counts as given to the pharmacy it represents.

State oversight for pharmacy service firms

Arkansas requires pharmacy services administrative organizations—firms that handle pharmacy business with drug benefit managers or payers—to get licensed. The Insurance Commissioner sets application, renewal, fee, financial, compliance, and reporting rules. The commissioner can audit pharmacy claims records; examination information is confidential and exempt from state public-records requests. After notice and a chance for a hearing, violations can bring fines up to $5,000 each or license suspension or revocation. Payers need not contract with these firms; the payer definition excludes nonfederal government plans under the federal definition dated January 1, 2025.

Sponsors & Cosponsors

Sponsors

  • Les D. Eaves

    Republican • House

  • Jonathan Dismang

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 130 • No: 0

House vote • 4/14/2025

House Vote - Monday, April 14, 2025 3:36:11 PM

Yes: 96 • No: 0

Senate vote • 4/7/2025

Senate Vote - Monday, April 7, 2025 2:03:48 PM

Yes: 34 • No: 0

Actions Timeline

  1. Notification that SB475 is now Act 773

    4/18/2025Senate
  2. DELIVERED TO GOVERNOR.

    4/15/2025Senate
  3. Reported correctly enrolled and ordered delivered to the Governor.

    4/15/2025Senate
  4. ORDERED ENROLLED

    4/14/2025Senate
  5. Returned from the House as passed.

    4/14/2025Senate
  6. Returned to the Senate as passed.

    4/14/2025House
  7. Read the third time and passed and ordered transmitted to the Senate.

    4/14/2025House
  8. Returned by the Committee Do Pass

    4/9/2025House
  9. Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE

    4/7/2025House
  10. RECEIVED FROM THE SENATE

    4/7/2025House
  11. Ordered immediately transmitted to the House.

    4/7/2025Senate
  12. Read the third time and passed.

    4/7/2025Senate
  13. Returned by the Committee, with the recommendation that it Do Pass

    4/3/2025Senate
  14. Re-referred to INSURANCE & COMMERCE - SENATE

    4/2/2025Senate
  15. REPORTED CORRECTLY ENGROSSED

    4/2/2025Senate
  16. Amendment # 2 read the first time, rules suspended, read the second time and adopted, ordered engrossed.

    4/2/2025Senate
  17. Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 2

    4/2/2025Senate
  18. Rules suspended.

    4/2/2025Senate
  19. Re-referred to INSURANCE & COMMERCE - SENATE

    3/19/2025Senate
  20. REPORTED CORRECTLY ENGROSSED

    3/19/2025Senate
  21. Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.

    3/19/2025Senate
  22. Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 1

    3/19/2025Senate
  23. Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE

    3/17/2025Senate
  24. Filed

    3/17/2025Senate

Bill Text

  • SB475 - Introduced

    3/17/2025

  • Act Version

Related Bills

Back to State Legislation