[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7895 Reported in House (RH)]
<DOC>
Union Calendar No. 634
119th CONGRESS
2d Session
H. R. 7895
[Report No. 119-729]
To amend section 408 of the Employee Retirement Income Security Act of
1974 to prohibit kickbacks to pharmacy benefit managers.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 12, 2026
Mr. Allen introduced the following bill; which was referred to the
Committee on Education and Workforce
July 2, 2026
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed
in italic]
[For text of introduced bill, see copy of bill as introduced on March
12, 2026]
_______________________________________________________________________
A BILL
To amend section 408 of the Employee Retirement Income Security Act of
1974 to prohibit kickbacks to pharmacy benefit managers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``PBM Kickback Prohibition Act''.
SEC. 2. PROHIBITION ON PHARMACY BENEFIT MANAGER KICKBACKS.
(a) In General.--Section 408(b)(2)(B) of the Employee Retirement
Income Security Act (29 U.S.C. 1108(b)(2)(B)) is amended by adding at
the end the following:
``(xi)(I) In the case of a contract or arrangement between
a covered plan and a covered service provider for pharmacy
benefit management services, no amount of compensation (whether
direct compensation or indirect compensation) may be paid by
such service provider to any individual or entity for--
``(aa) the referral, recommendation, placement,
retention, or renewal of, or access to, the business of
the covered plan or the health insurance issuer
offering health insurance coverage for the covered
plan;
``(bb) inclusion in, participation in, or the
design of--
``(AA) a request for proposal;
``(BB) a market check;
``(CC) an evaluation;
``(DD) the volume, value, or use of covered
plan business; or
``(EE) any other contracting process.
``(II) For the purposes of this clause, the
characterization of compensation shall be based on the economic
substance and practical operation of the contract or
arrangement, without regard to the characterization or labeling
of the compensation by the covered service provider.
``(III) Any compensation paid by a covered service provider
to a brokerage firm, broker, consultant, advisor, or related
entity shall be presumed to be related to an activity described
in item (aa) or (bb) of subclause (I) unless the parties
demonstrate through contemporaneous written documentation that
such compensation--
``(aa) reflects fair market value for bona fide
services actually rendered; and
``(bb) is not related, directly or indirectly, to
any activity described in such items.''.
(b) Effective Date.--The amendment made by this section shall apply
for plan years beginning after the date of enactment of this Act.
Union Calendar No. 634
119th CONGRESS
2d Session
H. R. 7895
[Report No. 119-729]
_______________________________________________________________________
A BILL
To amend section 408 of the Employee Retirement Income Security Act of
1974 to prohibit kickbacks to pharmacy benefit managers.
_______________________________________________________________________
July 2, 2026
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed