Drugs, Prescription - As introduced, requires the department of finance and administration, in collaboration with the department of health and the bureau of TennCare, to apply for federal approval to import prescription drugs from Canada. - Amends TCA Title 8; Title 33; Title 53; Title 56; Title 63; Title 68 and Title 71.

HB 1260 requires Tennessee’s Department of Finance and Administration, working with the Department of Health and TennCare, to apply for federal approval by January 1, 2026, to import prescription drugs from Canada. The bill mandates that the application must prove imported drugs meet safety standards, comply with U.S. supply chain laws, list cost-saving drugs, and identify Canadian suppliers. If approved, the state would implement a program to import the most cost-effective drugs, aiming to reduce prescription drug costs for Tennessee residents, particularly those covered by TennCare. The bill does not guarantee savings or implementation but sets a timeline for seeking federal permission.