# Hawaii SB 2047: RELATING TO PHARMACY BENEFIT MANAGERS.

Hawaii SB 2047, RELATING TO PHARMACY BENEFIT MANAGERS., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Jarrett Keohokalole (Democratic); status failed, last action 2026-03-30 (Reported from CPC (Stand. Com. Rep. No. 1483-26) as amended in HD 2, recommending referral to FIN.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB2047-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 2047
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO PHARMACY BENEFIT MANAGERS.
- Status: failed
- Chamber: Senate
- Introduced: 2026-01-14
- Last action: 2026-03-30, Reported from CPC (Stand. Com. Rep. No. 1483-26) as amended in HD 2, recommending referral to FIN.
- Sponsor: Jarrett Keohokalole (Democratic)
- Cosponsors: 5
- Subjects: Insurance Commissioner, Pharmacy Benefit Managers, Prescription Drugs, Maximum Allowable Cost, Contracting Pharmacies, Appropriation, HLT, CPC, FIN
- Touches household money: no
- Roll calls: 7 (114 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

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 overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Jarrett Keohokalole (Democratic), Senate
- Cosponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Kurt Fevella (Republican), Senate
- Cosponsor: Angus L.K. McKelvey (Democratic), Senate
- Cosponsor: Herbert M. "Tim" Richards III (Democratic), Senate
- Cosponsor: SAN BUENAVENTURA

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-24 | House | The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 11 | 0 |   |
| 2026-03-20 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC... | pass | 49 | 0 |   |
| 2026-03-18 | House | The committee on HLT recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 8 | 0 |   |
| 2026-03-10 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2026-03-03 | Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |
| 2026-03-03 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 12 | 0 |   |
| 2026-02-02 | Senate | The committee(s) on HHS recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 5 | 0 |   |

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_HD2_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_.PDF)
- SB2047_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_HD1_.HTM)
- SB2047_HD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_HD2_.HTM)
- SB2047_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_SD1_.HTM)
- SB2047_SD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_SD2_.HTM)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2338: RELATING TO HOUSING. (signed)
- SB 2031: RELATING TO CONSUMER PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_HD2_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_.PDF)
- [SB2047_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_HD1_.HTM)
- [SB2047_HD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_HD2_.HTM)
- [SB2047_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_SD1_.HTM)
- [SB2047_SD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2047_SD2_.HTM)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [SB 2031: RELATING TO CONSUMER PROTECTION.](https://policyrisk.com/state-bill/HI-SB2031-2026)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB2047-2026 (as of 2026-11-01).