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SB 2040·TN·senate

Pharmacy, Pharmacists - As introduced, enacts the "Freedom, Access, and Integrity in Registered Pharmacy (FAIR Rx) Act." - Amends TCA Title 63.

Signed into LawFiled Jan 22, 2026
Sponsor: Harshbarger (R)
Latest Action

Pub. Ch. 1111

May 27, 2026

Summary

The FAIR Rx Act bars pharmacy benefit managers (PBMs) from having any ownership or control over pharmacies in Tennessee, starting Jan. 1, 2027. It also requires pharmacies to disclose owners and beneficial owners and sets rules for limited‑use licenses for rare drugs. The goal is to prevent conflicts of interest and keep drug prices affordable and choices open, especially in rural areas.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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