S 3549 · 119th Congress 2025โ€“2027

PBM FAIR Act

Latest action · Dec 17, 2025 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedDec 17, 2025
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Cosponsors 3

Members who signed on, in the order they did. All signed on Dec 17, 2025.

SeatCosponsorSigned on
R-IAChuck GrassleyOriginalDec 17, 2025
D-NHMargaret Wood HassanOriginalDec 17, 2025
D-VATim KaineOriginalDec 17, 2025

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateHealth, Education, Labor, and Pensions Committee
Referred Dec 17, 2025

Actions 2

Everything that happened, newest first.

  1. Dec 17, 2025Introduced in Senate
  2. Dec 17, 2025Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Related bills 1

Companion bills and other measures the record links to this one.

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to amend the Employee Retirement Income Security Act of 1974 to ensure that pharmacy benefit managers are considered fiduciaries, and for other purposes.
Short Title(s) as Introduced
PBM FAIR Act
PBM Fiduciary Accountability, Integrity, and Reform (FAIR) Act

Subjects

Assigned by the Library of Congress. Policy area: Health.

Text 1

Each version as it was printed, newest first.

  1. Dec 17, 2025Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.