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S. 3549 119th Congress Senate

PBM FAIR Act

Official title: 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.

Introduced: December 17, 2025 Introduced by: Roger Marshall Republican · Kansas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2025
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Dec 17, 2025
Introduced in Senate
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What's happening now December 17, 2025

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 20

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

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Cite this page click to expand
APA
U.S. Congress. (2026). S. 3549: PBM FAIR Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-3549/
MLA
"S. 3549: PBM FAIR Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-3549/.
Bluebook (legal)
S. 3549, 119th Cong. (2026), https://openamerica.io/bill/119-S-3549/.
Markdown link
[S. 3549: PBM FAIR Act](https://openamerica.io/bill/119-S-3549/)
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