HB 5457

Bryant Bill Bars Benefit Managers From Owning Pharmacies, Eventually

Died in committee

Verdict: Smells

SmellsInitial review

Rep. John BryantDHouse 114

Why it's charged

Delayed start

THE TEXT

…“does not prohibit the continuation until January 1, 2027, of an”…

Bill text, introduced version (I)

Existing pharmacy benefit manager ownership of pharmacies can continue until January 1, 2027, which falls after the November 3, 2026 election. The license revocation penalty also starts on that date.

Delayed start

Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade

Caption

relating to the relationship between a pharmacy benefit manager and a pharmacist or pharmacy.

Caption from analyzed text · version I.

Summary

Existing ownership ties get until January 1, 2027. License penalties start the same day.

The bill bars pharmacy benefit managers from owning or controlling a pharmacist or pharmacy in Texas, directly or through other companies. It reaches pharmacy benefit managers, the pharmacies and pharmacists they own, and the pharmacy board, which must revoke or refuse to renew licenses that break the ban; the comptroller must also report to the legislature every two years. Existing ownership ties may continue until January 1, 2027, when they must be broken up and license penalties start.

Labels

Labels: NEVER GOT A HEARING. Filed Mar 14, 2025 and referred to the House Insurance committee. No public hearing. The bill died.

Receipt

The receipt

89R-HB5457 · 2025-03-14

SOLD BY

Rep. John BryantDHouse 114

ITEM

relating to the relationship between a pharmacy benefit manager and a pharmacist or pharmacy.

WHAT IT DOES

Existing ownership ties get until January 1, 2027. License penalties start the same day.

CHARGES

[x] DELAYED STARTanalysis confidence 50%

THE TEXT

…“does not prohibit the continuation until January 1, 2027, of an”…

Bill text, introduced version (I)

Existing pharmacy benefit manager ownership of pharmacies can continue until January 1, 2027, which falls after the November 3, 2026 election. The license revocation penalty also starts on that date.

TOTAL

No fiscal note in the loaded record.

HISTORY

Mar 14, 2025Filed
Apr 7, 2025Read first time
Apr 7, 2025Referred to Insurance

FILED UNDER

No verified beat found.

Smells

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

John Bryant

Donors

Texas Trial Lawyers Association PAC$17KStephan McNally$10,000Blackridge$7K

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

Derived itemized flow · Oct 28, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Texas Trial Lawyers Association PAC$16,500.00

Texas Trial Lawyers Association PAC

$16,500.00

Cash: $16,500.00
Paid by others: $0.00
Total: $16,500.00

Also funds 137 other sitting lawmakers.

Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Nov 19, 2024 to Oct 5, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100986384, 101011678, 101030225, 101071800.

Stephan McNally$10,000.00

Blackridge$7,000.00

Blackridge

$7,000.00

Cash: $7,000.00
Paid by others: $0.00
Total: $7,000.00

Also funds 86 other sitting lawmakers.

Derived recipient stock · Aug 5, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Name match, not a verified identity: normalized filed name and state.

Team

Sources

Derived itemized flow · Dec 4, 2025 to Jun 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101030225, 101062403.

Money

Missing data does not establish zero giving. Display amounts are rounded.

Texas Trial Lawyers Association PAC

$16,500.00

Cash: $16,500.00
Paid by others: $0.00
Total: $16,500.00

Also funds 137 other sitting lawmakers.

Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Nov 19, 2024 to Oct 5, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 100986384, 101011678, 101030225, 101071800.

Blackridge

$7,000.00

Cash: $7,000.00
Paid by others: $0.00
Total: $7,000.00

Also funds 86 other sitting lawmakers.

Derived recipient stock · Aug 5, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Name match, not a verified identity: normalized filed name and state.

Team

Sources

Derived itemized flow · Dec 4, 2025 to Jun 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101030225, 101062403.

Votes

No floor vote loaded for this bill.

Fiscal

No fiscal note in the loaded record.

How this was graded

Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.

Sources

Texas House · Filed Mar 14, 2025

04/07/2025 H Referred to Insurance: Apr 7 2025 5:28PM

Texas Legislature Online · Introduced

Data snapshot Oct 26, 2026 at 4:19 AM CDT. Grades, charges, quotes and corrections follow the published record.

House committee · Insurance · Final status: Died in committee

Subjects

Occupational Regulation--Health Occupations

MEDICINE & PRESCRIPTION DRUGS

PHARMACIES & PHARMACISTS

PHARMACY BENEFIT MANAGERS

COMPTROLLER OF PUBLIC ACCOUNTS

PHARMACY, TEXAS STATE BOARD OF

Text

The text as introduced · 405 words

By: Bryant
H.B. No. 5457

A BILL TO BE ENTITLED

AN ACT

relating to the relationship between a pharmacy benefit manager and

a pharmacist or pharmacy.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter M, Chapter 1369, Insurance Code, is

amended by adding Section 1369.6045 to read as follows:

Sec. 1369.6045. AFFILIATED PHARMACISTS AND PHARMACIES

PROHIBITED. A pharmacy benefit manager may not directly, or

indirectly through one or more intermediaries, control or be under

common control with a pharmacist or pharmacy in this state.

SECTION 2. Subchapter D, Chapter 4151, Insurance Code, is

amended by adding Section 4151.155 to read as follows:

Sec. 4151.155. COMPTROLLER REPORT. Not later than

September 1 of each even-numbered year, the comptroller shall

prepare and submit a written report to the legislature that

contains an assessment of and recommendations regarding the impact

of pharmacy benefit manager regulation and affiliation in this

state on:

(1) independent pharmacies;

(2) rural pharmacies;

(3) prescription drug prices;

(4) patient access to prescription drugs; and

(5) competition in the pharmacy market.

SECTION 3. Effective January 1, 2027, Subchapter B, Chapter

565, Occupations Code, is amended by adding Section 565.05912 to

read as follows:

Sec. 565.05912. REVOCATION OR REFUSAL TO RENEW FOR

AFFILIATION WITH PHARMACY BENEFIT MANAGER. The board shall revoke

or refuse to renew a pharmacy license under Chapter 560 or a license

to practice pharmacy under Chapter 558 if the holder of the license

is affiliated with a pharmacy benefit manager in violation of

Section 1369.6045, Insurance Code.

SECTION 4. Effective January 1, 2027, Section 1369.604,

Insurance Code, is repealed.

SECTION 5. (a) Subject to Subsection (b) of this section,

the change in law made by this Act applies to an affiliation between

a pharmacy benefit manager and a pharmacist or pharmacy acquired

before, on, or after the effective date of this Act.

(b) Section 1360.6045, Insurance Code, as added by this Act,

does not prohibit the continuation until January 1, 2027, of an

affiliation between a pharmacy benefit manager and a pharmacist or

pharmacy that existed immediately before the effective date of this

Act. A pharmacy benefit manager or pharmacist or pharmacy subject

to Section 1369.6045, Insurance Code, as added by this Act, shall

divest all affiliated interests as necessary to comply with that

section not later than January 1, 2027.

SECTION 6. Except as otherwise provided by this Act, this

Act takes effect September 1, 2025.