S. 3729

Summary

S. 3729, the PBM Reporting Transparency Act, was introduced in the Senate on Jan 29, 2026 by Sen. Mark Warner (D) with 3 co-sponsors. It was referred to Finance, and last saw action on Jan 29, 2026: Read twice and referred to the Committee on Finance.

Record

Text

S. 3729 has 3 co-sponsors.

119 S3729 IS: PBM Reporting Transparency Act
 U.S. Senate
 2026-01-29
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 3729  IN THE SENATE OF THE UNITED STATES   January 29, 2026   Mr. Warner  (for himself,  Mr. Tillis ,  Ms. Cortez Masto , and  Mr. Marshall ) introduced the following bill; which was read twice and referred to the  Committee on Finance    A BILL
To require the Medicare Payment Advisory Commission (MedPAC) submit to Congress two reports on agreements with pharmacy benefit managers with respect to prescription drug plans and MA–PD plans.
1.
Short title
This Act may be cited as the   PBM Reporting Transparency Act  .
2.
MedPAC reports on agreements with pharmacy benefit managers with respect to prescription drug plans and MA–PD plans
The Medicare Payment Advisory Commission shall submit to Congress the following reports:
(1)
Initial report
Not later than the first March 15 occurring after the date that is 2 years after the date on which the Secretary makes the data available to the Commission, a report regarding agreements with pharmacy benefit managers with respect to prescription drug plans and MA–PD plans. Such report shall include, to the extent practicable—
(A)
a description of trends and patterns, including relevant averages, totals, and other figures for the types of information submitted;
(B)
an analysis of any differences in agreements and their effects on plan enrollee out-of-pocket spending and average pharmacy reimbursement, and other impacts; and
(C)
any recommendations the Commission determines appropriate.
(2)
Final report
Not later than 2 years after the date on which the Commission submits the initial report under paragraph (1), a report describing any changes with respect to the information described in paragraph (1) over time, together with any recommendations the Commission determines appropriate.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to require the Medicare Payment Advisory Commission (MedPAC) submit to Congress two reports on agreements with pharmacy benefit managers with respect to prescription drug plans and MA-PD plans.

Sponsors

Sen. Mark Warner (D) sponsors S. 3729, and 3 members have co-sponsored it, all of them from the day it was introduced.

Mark Warner

Sen. · D–VA · Sponsor

Introduced Jan 29, 2026

Catherine Cortez Masto

Sen. · D–NV · Co-sponsor

Joined Jan 29, 2026 · Original

Roger Marshall

Sen. · R–KS · Co-sponsor

Joined Jan 29, 2026 · Original

Thom Tillis

Sen. · R–NC · Co-sponsor

Joined Jan 29, 2026 · Original

Show 4 of 4 rows

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Committees

S. 3729 went before 1 committee: Finance.

Finance

Finance

Referred To · Jan 29, 2026 · 902 Bills

Actions

S. 3729 has taken 2 actions since Jan 29, 2026.

Votes

S. 3729 has not gone to a roll call.

Titles

S. 3729 goes by 3 titles, 1 of them short titles.

• PBM Reporting Transparency Act — Display Title
• PBM Reporting Transparency Act — Short Title(s) as Introduced
• A bill to require the Medicare Payment Advisory Commission (MedPAC) submit to Congress two reports on agreements with pharmacy benefit managers with respect to prescription drug plans and MA-PD plans. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 15 registered lobbyists who named S. 3729 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Health Issues, Insurance, Medicare/Medicaid, Pharmacy, Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 3729 under Health, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 3729’s is Health.

Source: congress.gov · legiscan.com