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NY A06546
Bill
Status
Introduced
3/6/2025
Primary Sponsor
Phillip Steck
Click for details
AI Summary
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Prohibits any person, firm, corporation, or association from simultaneously owning, operating, or controlling both a pharmacy and a pharmacy benefit manager (PBM), whether directly or indirectly
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Requires entities currently in violation of this prohibition to divest from pharmacy ownership, operation, or control within three years of the law taking effect
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Defines "pharmacy benefit manager" by reference to the existing definition in section 280-a of the public health law
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Takes effect immediately upon passage
Legislative Description
Prohibits the ownership, operation or control of pharmacies directly or indirectly by pharmacy benefit managers.
Last Action
referred to higher education
1/7/2026
Committee Referrals
Higher Education3/6/2025
Full Bill Text
No bill text available