Hawaii Senate Bill 2047
Session 2026
Relating To Pharmacy Benefit Managers.
Active
Passed Senate on Mar 10, 2026
First Action
Jan 14, 2026
Latest Action
Mar 12, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
2047
State
Hawaii
Session
2026
Motion Text
Report adopted; Passed Third Reading, as amended (SD 2).
info
Roll call vote details are unavailable for Report adopted; Passed Third Reading, as amended (SD 2).
Senate Roll Call Votes
info
Recorded roll call vote details are unavailable for Report adopted; Passed Third Reading, as amended (SD 2).
Summary
Establishes requirements for pharmacy benefit managers that reimburse contracting pharmacies for drugs on a maximum allowable cost basis, including maximum allowable cost lists, maximum allowable cost reports, and a complaint process. Requires pharmacy benefit managers to disclose lower-priced equivalent drugs when a maximum allowable cost is upheld on appeal. Allows contracting pharmacies to reverse and rebill claims if a maximum allowable cost is denied on appeal. Authorizes the Insurance Commissioner to adopt rules and assess fines for violations. Appropriates funds. Effective 1/30/2050. (SD2)
SB2047_SD2
SB2047_SD1
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03/12/2026
House
Pass First Reading
03/12/2026
House
Referred to HLT, CPC, FIN, referral sheet 17
03/12/2026
House
Bill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
03/10/2026
Senate
Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
03/10/2026
House
Received from Senate (Sen. Com. No. 156) in amended form (SD 2).
03/06/2026
Senate
Reported from CPN/WAM (Stand. Com. Rep. No. 2918) with recommendation of passage on Third Reading, as amended (SD 2).
03/06/2026
Senate
48 Hrs. Notice 03-10-26.
03/03/2026
Senate
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
03/03/2026
Senate
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
02/27/2026
Senate
The committee(s) on CPN/WAM will hold a public decision making on 03-03-26 10:16AM; Conference Room 211 & Videoconference.
02/11/2026
Senate
Reported from HHS (Stand. Com. Rep. No. 2200) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/WAM.
02/11/2026
Senate
Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.
02/03/2026
Senate
Re-Referred to HHS, CPN/WAM.
02/02/2026
Senate
The committee(s) on HHS recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HHS were as follows: 5 Aye(s): Senator(s) San Buenaventura, McKelvey, Kanuha, Keohokalole, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
01/30/2026
Senate
The committee(s) on HHS has scheduled a public hearing on 02-02-26 1:05PM; Conference Room 225 & Videoconference.
01/22/2026
Senate
Referred to HHS, CPN.
01/21/2026
Senate
Introduced and passed First Reading.
01/14/2026
Senate
Pending Introduction.
Sources
HI Legislature
Open States
Record Created
Jan 21, 2026 8:55:41 AM
Record Updated
Mar 13, 2026 3:10:47 AM