Fiscal Note

HB0135 - Pharmacy Benefit Managers Act

State Impact:
Enacting this bill will require an appropriation of $192,300 in FY 2011 and $182,000 in FY 2012 from the General Fund. The bill will generate about $192,3000 in FY 2011 and thereafter, for a net General Fund revenue increase of $10,300 per year beginning in FY 2012.

Funding SourceFY 2010
Approp.
FY 2011
Approp.
FY 2012
Approp.
FY 2010
Revenue
FY 2011
Revenue
FY 2012
Revenue
General Fund$0$192,300$182,000$0$192,300$192,300
   Total
$0

$192,300

$182,000

$0

$192,300

$192,300

Individual, Business and/or Local Impact:
Business and local government may be impacted due to new requirements for pharmacy benefit manager. Individual may be impacted due to proposed changes in statute.

2/8/2010, 4:42:08 PM, Lead Analyst: Schoenfeld, J.D./Attny: TRVOffice of the Legislative Fiscal Analyst