Fiscal Note

HB0440 - Drug Product Equivalent Amendments

State Impact:
Enactment of this bill is estimated to increase Medicaid expenditures and would require an ongoing General Fund appropriation to the Department of Health of $499,600 beginning in FY 2008. There would be a related increase of Federal Funds of $1,238,800.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2009
Approp.
FY 2007
Revenue
FY 2008
Revenue
FY 2009
Revenue
General Fund$0$499,600$499,600$0$0$0
Federal Funds$0$1,238,800$1,238,800$0$0$0
   Total
$0

$1,738,400

$1,738,400

$0

$0

$0

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.

2/12/2007, 11:44:05 AM, Lead Analyst: Eckersley, S.Office of the Legislative Fiscal Analyst