# Rhode Island S3060: AN ACT RELATING TO INSURANCE -- PHARMACY BENEFIT MANAGERS ACT . Rhode Island S3060, AN ACT RELATING TO INSURANCE -- PHARMACY BENEFIT MANAGERS ACT ., is a 2026 Regular Session Senate bill sponsored by Peter A. Appollonio, Jr. (Democratic); status signed, last action 2026-06-22 (Signed by Governor — Chapter 367) (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/RI-S3060-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Rhode Island S3060 - State: Rhode Island - Session: 2026 Regular Session - Title: AN ACT RELATING TO INSURANCE -- PHARMACY BENEFIT MANAGERS ACT . - Status: signed - Chamber: Senate - Introduced: 2026-03-12 - Last action: 2026-06-22, Signed by Governor — Chapter 367 - Sponsor: Peter A. Appollonio, Jr. (Democratic) - Cosponsors: 5 - Touches household money: no - Roll calls: 4 (203 yes, 10 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - PBM rules take effect now: benefit, low. The Department of Business Regulation must write rules to carry out the PBM law. The rules must include how to notify insurers, covered people, employers, and other groups. The law takes effect upon passage. - Annual rebate reporting by PBMs: cost, low. Each PBM must file a sworn annual report by July 1. It must list discounts, rebates, and all money from drug makers, and show what was kept versus passed to insurers. It must also summarize contract terms and list covered drugs by name and code. The Director can demand more reports and inspect cont… - Licenses and fees for PBMs: cost, low. PBMs must hold a state certificate to operate. An application must include organization papers, a business plan, and two years of financial statements. The fee is $10,000 at application; the certificate lasts 24 months and costs $10,000 to renew. A replacement certificate costs $2,000 with an affid… - Stronger PBM enforcement and protections: mixed, low. The Director oversees PBMs and can require records, inspect contracts, and hold hearings. PBMs cannot do what insurers are banned from doing and are responsible for violations by their subcontractors and affiliates. Violations can lead to restitution and damages, plus civil fines up to $10,000 for… ## Sponsors and cosponsors - Sponsor: Peter A. Appollonio, Jr. (Democratic), Senate - Cosponsor: Frank A. Ciccone, III (Democratic), Senate - Cosponsor: Matthew L. LaMountain (Democratic), Senate - Cosponsor: Valarie J. Lawson (Democratic), Senate - Cosponsor: Melissa A. Murray (Democratic), Senate - Cosponsor: David P. Tikoian (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-06-10 | House | PHARMACY BENEFIT MANAGERS ACT PASSAGE PASSAGE OF AMENDMENT | pass | 68 | 0 | | | 2026-06-10 | House | PHARMACY BENEFIT MANAGERS ACT PASSAGE AS AMENDED | pass | 70 | 0 | | | 2026-05-26 | Senate | RELATING TO INSURANCE -- PHARMACY BENEFIT MANAGERS ACT Passage as Amended | pass | 38 | 0 | | | 2026-05-26 | Senate | RELATING TO INSURANCE -- PHARMACY BENEFIT MANAGERS ACT Approval of Amendment | pass | 27 | 10 | | ## Actions (18) - 2026-06-22: Signed by Governor — Chapter 367 (Governor) - 2026-06-18: Transmitted to Governor (Governor) - 2026-06-11: Senate passed Sub B as amended in concurrence (Senate) - 2026-06-10: Placed on Senate Calendar (06/11/2026) (Senate) - 2026-06-10: House passed Sub B as amended (floor amendment) (House) - 2026-06-09: Placed on House Calendar (06/10/2026) (House) - 2026-06-09: Committee recommends passage of Sub B - 2026-06-07: Proposed Substitute - 2026-06-07: Scheduled for consideration (06/09/2026) - 2026-05-27: Referred to House Health & Human Services (House) - 2026-05-26: Senate passed Sub A as amended (floor amendment) (Senate) - 2026-05-20: Placed on Senate Calendar (05/26/2026) (Senate) - 2026-05-19: Committee recommends passage of Sub A - 2026-05-18: Proposed Substitute - 2026-05-15: Scheduled for consideration (05/19/2026) - 2026-03-26: Committee recommended measure be held for further study - 2026-03-20: Scheduled for hearing and/or consideration (03/26/2026) - 2026-03-12: Introduced, referred to Senate Health and Human Services (Senate) ## Bill text - S3060 - As Introduced, 2026-03-12: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060.pdf) - S3060 - Substitute, 2026-03-12: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060A.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060A.pdf) - S3060 - Substitute As Amended, 2026-03-12: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060Aaa.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060Aaa.pdf) ## Related bills - S3047: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- DISTRICT COURT PRACTICE . (became law) - H8605: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS . (became law) - H8586: AN ACT RELATING TO HIGHWAYS -- RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY . (became law) - H8580: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT . (became law) - H8506: AN ACT RELATING TO TOWNS AND CITIES -- RELATING TO CENTRAL FALLS PENSION PLAN . (became law) - H8525: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES . (became law) ## Sources - [S3060 - As Introduced (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060.htm) - [S3060 - As Introduced (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060.pdf) - [S3060 - Substitute (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060A.htm) - [S3060 - Substitute (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060A.pdf) - [S3060 - Substitute As Amended (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060Aaa.htm) - [S3060 - Substitute As Amended (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3060Aaa.pdf) ## Related - [S3047: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- DISTRIC…](https://policyrisk.com/state-bill/RI-S3047-2026) - [H8605: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS .](https://policyrisk.com/state-bill/RI-H8605-2026) - [H8586: AN ACT RELATING TO HIGHWAYS -- RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY .](https://policyrisk.com/state-bill/RI-H8586-2026) - [H8580: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT .](https://policyrisk.com/state-bill/RI-H8580-2026) - [H8506: AN ACT RELATING TO TOWNS AND CITIES -- RELATING TO CENTRAL FALLS PENSION PLAN .](https://policyrisk.com/state-bill/RI-H8506-2026) - [H8525: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES .](https://policyrisk.com/state-bill/RI-H8525-2026) - [Rhode Island bills](https://policyrisk.com/states/rhode-island/bills) - [Rhode Island state hub](https://policyrisk.com/states/rhode-island) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/RI-S3060-2026 (as of 2026-11-01).