# Tennessee SB 2040: AN ACT to amend Tennessee Code Annotated, Title 63, relative to the ownership or control of pharmacies by pharmacy benefits managers.

Tennessee SB 2040, AN ACT to amend Tennessee Code Annotated, Title 63, relative to the ownership or control of pharmacies by pharmacy benefits managers., is a 114th General Assembly (2025-2026) Senate bill sponsored by no sponsor on record; status signed, last action 2026-05-27 (Effective date(s) 05/22/2026) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/TN-SB2040-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Tennessee SB 2040
- State: Tennessee
- Session: 114th General Assembly (2025-2026)
- Title: AN ACT to amend Tennessee Code Annotated, Title 63, relative to the ownership or control of pharmacies by pharmacy benefits managers.
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-22
- Last action: 2026-05-27, Effective date(s) 05/22/2026
- Sponsors: no sponsor on record
- Cosponsors: 10
- Subjects: Pharmacy, Pharmacists
- Touches household money: no
- Roll calls: 4 (127 yes, 19 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- New ownership limits for Tennessee pharmacies: mixed, medium. Beginning July 1, 2028, Tennessee bars direct or indirect ownership, operation, control, or direction of a pharmacy, or both a health insurer and a pharmacy benefit manager, when ownership exceeds 5%, including through affiliates. Affiliates are businesses under common ownership or control. Control…

## Sponsors and cosponsors

- Cosponsor: Janice Bowling (Republican), Senate
- Cosponsor: Ferrell Haile (Republican), Senate
- Cosponsor: Tom Hatcher (Republican), Senate
- Cosponsor: Joey Hensley (Republican), Senate
- Cosponsor: Adam Lowe (Republican), Senate
- Cosponsor: Randy McNally (Republican), Senate
- Cosponsor: Mark Pody (Republican), Senate
- Cosponsor: Reeves
- Cosponsor: Bo Watson (Republican), Senate
- Cosponsor: Ken Yager (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-21 | House | FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2026 | pass | 86 | 7 |   |
| 2026-04-20 | Senate | FLOOR VOTE: as Amended Third Consideration 4/20/2026 | pass | 24 | 9 |   |
| 2026-03-24 | Senate | SENATE FINANCE, WAYS AND MEANS COMMITTEE | pass | 9 | 2 |   |
| 2026-02-25 | Senate | SENATE HEALTH AND WELFARE COMMITTEE | pass | 8 | 1 |   |

## Actions (34)

- 2026-05-27: Effective date(s) 05/22/2026
- 2026-05-27: Pub. Ch. 1111
- 2026-05-22: Signed by Governor. (Senate)
- 2026-05-11: Transmitted to Governor for action. (Senate)
- 2026-05-07: Signed by H. Speaker (House)
- 2026-04-30: Signed by Senate Speaker (Senate)
- 2026-04-27: Enrolled and ready for signatures (Senate)
- 2026-04-21: Passed H., Ayes 86, Nays 7, PNV 0 (House)
- 2026-04-21: Am. withdrawn. (Amendment 3 - HA1228) (House)
- 2026-04-21: Am. withdrawn. (Amendment 2 - HA0649) (House)
- 2026-04-21: Am. withdrawn. (Amendment 1 - HA0648) (House)
- 2026-04-21: Subst. for comp. HB. (House)
- 2026-04-20: Sponsor(s) Added. (Senate)
- 2026-04-20: Engrossed; ready for transmission to House (Senate)
- 2026-04-20: Passed Senate as amended, Ayes 24, Nays 9 (Senate)
- 2026-04-20: Amendment withdrawn. (Amendment 1 - SA0533) (Senate)
- 2026-04-20: Senate adopted Amendment (Amendment 4 - SA1052) (Senate)
- 2026-04-20: Senate adopted Amendment (Amendment 3 - SA0842) (Senate)
- 2026-04-20: Senate adopted Amendment (Amendment 2 - SA0841) (Senate)
- 2026-04-17: Placed on Senate Regular Calendar for 4/20/2026 (Senate)
- 2026-04-17: Placed on Senate Regular Calendar for 4/21/2026 (Senate)
- 2026-03-24: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 2 PNV 0 (Senate)
- 2026-03-23: Sponsor(s) Added. (Senate)
- 2026-03-17: Placed on Senate Finance, Ways, and Means Committee calendar for 3/24/2026 (Senate)
- 2026-03-17: Action deferred in Senate Finance, Ways, and Means Committee to 3/24/2026 (Senate)
- 2026-03-10: Placed on Senate Finance, Ways, and Means Committee calendar for 3/17/2026 (Senate)
- 2026-02-25: Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 8, Nays 1 PNV 0 (Senate)
- 2026-02-18: Placed on Senate Health and Welfare Committee calendar for 2/25/2026 (Senate)
- 2026-02-17: Sponsor(s) Added. (Senate)
- 2026-02-09: Sponsor(s) Added. (Senate)
- 2026-02-05: Passed on Second Consideration, refer to Senate Health and Welfare Committee (Senate)
- 2026-02-02: Introduced, Passed on First Consideration (Senate)
- 2026-02-02: Sponsor(s) Added. (Senate)
- 2026-01-22: Filed for introduction (Senate)

## Bill text

- Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc1111.pdf)
- Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/SB2040.pdf)
- HA0648: [PDF](https://capitol.tn.gov/Bills/114/Amend/HA0648.pdf)
- HA0649: [PDF](https://capitol.tn.gov/Bills/114/Amend/HA0649.pdf)
- HA1228: [PDF](https://capitol.tn.gov/Bills/114/Amend/HA1228.pdf)
- Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/SB2040.pdf)
- SA0533: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA0533.pdf)
- SA0841: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA0841.pdf)
- SA0842: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA0842.pdf)
- SA1052: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA1052.pdf)

## Related bills

- SB 2057: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 35; Title 7, Chapter 82 and Title 68, Chapter 221, relative to sewer systems. (signed)
- SB 2017: AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34, Part 6, relative to creditable service for a period of disability. (signed)
- SB 1915: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 1 and Title 4, Chapter 58, relative to public benefits. (signed)
- SB 1900: AN ACT to amend Tennessee Code Annotated, Title 39 and Title 40, relative to first responders. (signed)
- SB 1766: AN ACT to amend Tennessee Code Annotated, Title 7; Title 9; Title 12; Title 13; Title 66; Title 67 and Title 68, relative to infrastructure development distric… (signed)
- SB 1771: AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7 and Title 13, relative to zoning outside of municipal boundaries. (signed)

## Sources
- [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc1111.pdf)
- [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/SB2040.pdf)
- [HA0648 (PDF)](https://capitol.tn.gov/Bills/114/Amend/HA0648.pdf)
- [HA0649 (PDF)](https://capitol.tn.gov/Bills/114/Amend/HA0649.pdf)
- [HA1228 (PDF)](https://capitol.tn.gov/Bills/114/Amend/HA1228.pdf)
- [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/SB2040.pdf)
- [SA0533 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA0533.pdf)
- [SA0841 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA0841.pdf)
- [SA0842 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA0842.pdf)
- [SA1052 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA1052.pdf)

## Related
- [SB 2057: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 35; Title 7, Chapter…](https://policyrisk.com/state-bill/TN-SB2057-2025-2026)
- [SB 2017: AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34, Part 6, relative…](https://policyrisk.com/state-bill/TN-SB2017-2025-2026)
- [SB 1915: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 1 and Title 4, Chapt…](https://policyrisk.com/state-bill/TN-SB1915-2025-2026)
- [SB 1900: AN ACT to amend Tennessee Code Annotated, Title 39 and Title 40, relative to fi…](https://policyrisk.com/state-bill/TN-SB1900-2025-2026)
- [SB 1766: AN ACT to amend Tennessee Code Annotated, Title 7; Title 9; Title 12; Title 13;…](https://policyrisk.com/state-bill/TN-SB1766-2025-2026)
- [SB 1771: AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7 and Title 1…](https://policyrisk.com/state-bill/TN-SB1771-2025-2026)
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Source: PRIA, https://policyrisk.com/state-bill/TN-SB2040-2025-2026 (as of 2026-11-01).