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.
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
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
20
- NATIONAL COMMUNITY PHARMACISTS ASSOCIATION
- NATIONAL MULTIPLE SCLEROSIS SOCIETY
- AMERICAN COLLEGE OF RHEUMATOLOGY
- FRESENIUS KABI USA LLC
- PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION
- HEALTHCARE INSTITUTE OF NEW JERSEY
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Health & Human Services, Dept of (HHS)
- Centers For Medicare and Medicaid Services (CMS)
- Labor, Dept of (DOL)
- Food & Drug Administration (FDA)
- Defense, Dept of (DOD)
- Office of Management & Budget (OMB)
Cosponsors
3
Cite this page
U.S. Congress. (2026). S. 3549: PBM FAIR Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-3549/
"S. 3549: PBM FAIR Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-3549/.
S. 3549, 119th Cong. (2026), https://openamerica.io/bill/119-S-3549/.
[S. 3549: PBM FAIR Act](https://openamerica.io/bill/119-S-3549/)