SENATE, No. 4693

STATE OF NEW JERSEY

222nd LEGISLATURE

INTRODUCED OCTOBER 1, 2026

Sponsored by:

Senator  DOUGLAS J. STEINHARDT

District 23 (Hunterdon, Somerset and Warren)

Senator  VIN GOPAL

District 11 (Monmouth)

Co-Sponsored by:

Senator McKnight

SYNOPSIS

     “Protecting New Jersey from Predatory Drug Pricing Act.”

CURRENT VERSION OF TEXT

     As introduced.

An Act prohibiting retail pharmacy permits for pharmacy benefits managers and supplementing P.L.2015, c.179 (C.17B:27F-1 et seq.).

Be It Enacted by the Senate and General Assembly of the State of New Jersey:

     1.    A pharmacy benefits manager, licensed pursuant to P.L.2015, c.179 (C.17B:27F-1 et seq.), shall be prohibited from obtaining a permit to operate a pharmacy practice site pursuant to the “New Jersey Pharmacy Practice Act,” P.L.2003, c.280 (C.45:14-40 et seq.). 

     2.    This act shall take effect immediately and shall apply to pharmacy benefits managers licensed on or after the effective date.

STATEMENT

     This bill establishes the “Protecting New Jersey from Predatory Drug Pricing Act.”

     Under the bill, a pharmacy benefits manager licensed under the laws of this State will be prohibited from obtaining a permit from the New Jersey State Board of Pharmacy to operate a pharmacy practice site under the “New Jersey Pharmacy Practice Act.”