TO ESTABLISH THE PHARMACY SERVICES ADMINISTRATIVE ORGANIZATION ACT; AND TO REGULATE PHARMACY SERVICES ADMIN...
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SB 475 — TO ESTABLISH THE PHARMACY SERVICES ADMINISTRATIVE ORGANIZATION ACT; AND TO REGULATE PHARMACY SERVICES ADMINISTRATIVE ORGANIZATIONS.
Last action — Notification that SB475 is now Act 773
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 17, 2025. Enacted.
Signed by Governor Sarah Huckabee Sanders (Republican) on April 18, 2025.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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2 sponsors
2 primary, 0 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
0 added · 2 removedPlain-language change summary
The amendment removed the reference to a specific act from the bill. This change likely simplifies the language and makes the bill easier to understand. By eliminating unnecessary details, it helps focus on the key points of the legislation, which is important for lawmakers and the public to understand its impact.
Act 773 of the Regular Session State of Arkansas As Engrossed:
Dismang 6 APPROVED:8 7 04-02-2025 17:03:09 ANS271
4/17/25 9 7 04-02-2025 17:03:09 ANS271
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill establishes the Pharmacy Services Administrative Organization Act, which creates regulations for pharmacy services administrative organizations in Arkansas.
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23-99-1901
This subchapter shall be known and may be cited as the "Pharmacy Services Administrative Organization Act."
This establishes the title of the new subchapter.
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23-99-1902
As used in this subchapter:
This introduces definitions specific to the subchapter.
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23-99-1902(1)
"Administrative services" means a service provided by a pharmacy services administrative organization.
This defines what administrative services encompass.
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23-99-1902(2)
"Pharmacy benefits manager" means a person or an entity operating within this state that contracts with a health benefit plan, an employer, or a union to administer or manage prescription drug benefits on behalf of a healthcare insurer that provides prescription drug benefits;
This defines pharmacy benefits managers within the context of the subchapter.
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23-99-1902(3)
"Pharmacy services administrative organization" means an entity operating within this state that contracts with one (1) or more pharmacies to conduct business on their behalf with a third-party payer.
This clarifies the definition of pharmacy services administrative organizations.
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23-99-1902(4)
"Pharmacy services administrative organization-pharmacy contract" means a contractual agreement between a pharmacy services administrative organization and a pharmacy by which a pharmacy services administrative organization agrees to negotiate with a third-party payer on behalf of a pharmacy and to provide other services as stated in the pharmacy services administrative organization-pharmacy contract;
This defines the contract between pharmacy services administrative organizations and pharmacies.
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23-99-1902(5)
"Third-party payer" means an organization operating within this state that pays or insures health, medical, or prescription drug expenses on behalf of beneficiaries.
This defines third-party payers in the regulatory framework.
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23-99-1903(a)(1)
A person or organization shall not establish or operate as a pharmacy services administrative organization in Arkansas for health benefit plans without obtaining a license from the Insurance Commissioner under this subchapter.→ A person or organization shall not establish or operate as a pharmacy services administrative organization in Arkansas for health benefit plans without obtaining a license from the Insurance Commissioner under this subchapter.This reiterates the requirement for a license to operate as a pharmacy services administrative organization.
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23-99-1903(b)
The commissioner shall issue rules establishing the licensing, fees, application, financial standards, penalties, compliance and enforcement requirements, and reporting requirements of a pharmacy services administrative organization under this subchapter.
This empowers the commissioner to create rules for the operation of pharmacy services administrative organizations.
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23-99-1904(a)
A pharmacy services administrative organization-pharmacy contract shall include a provision that requires a pharmacy services administrative organization to provide to a pharmacy a copy of the pharmacy services administrative organization-pharmacy contract, amendment, payment schedule, or reimbursement rates within three (3) calendar days after the execution of a pharmacy services administrative organization-pharmacy contract, or an amendment to a pharmacy services administrative organization-pharmacy contract, signed on behalf of the pharmacy.
This mandates transparency regarding contract provisions between pharmacies and administrative organizations.
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23-99-1907(a)
The Insurance Commissioner shall enforce this subchapter.
This assigns enforcement responsibilities to the Insurance Commissioner regarding the new regulations.
Amendments
2 amendments- Amendment S2 April 02, 2025 Show changes
- Amendment S1 March 18, 2025 Show changes
Click Show changes on an amendment above to see how it modifies the bill.
Action History
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Notification that SB475 is now Act 773
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DELIVERED TO GOVERNOR.
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Reported correctly enrolled and ordered delivered to the Governor.
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ORDERED ENROLLED
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Returned from the House as passed.
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Returned to the Senate as passed.
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Read the third time and passed and ordered transmitted to the Senate.
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Returned by the Committee Do Pass
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Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE
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RECEIVED FROM THE SENATE
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Ordered immediately transmitted to the House.
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Read the third time and passed.
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Returned by the Committee, with the recommendation that it Do Pass
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Re-referred to INSURANCE & COMMERCE - SENATE
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REPORTED CORRECTLY ENGROSSED
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Amendment # 2 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
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Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 2
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Rules suspended.
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Re-referred to INSURANCE & COMMERCE - SENATE
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REPORTED CORRECTLY ENGROSSED
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Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
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Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 1
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Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE
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Filed
Sponsors
- Les D. Eaves · Primary
- Jonathan Dismang · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 136 not signed on
Sponsors (2)
Co-sponsors (0)
None.
Not signed on (136)
136 members have not signed on to this bill.
Show all 136 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 475?
- SB 475 is sponsored by Les D. Eaves and Jonathan Dismang.
- What is the current status of SB 475?
- This bill has been enacted into law. Introduced March 17, 2025. Enacted.
- Where can I track SB 475?
- Track SB 475 free on One Click Politics — get push/email alerts when it moves.
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