Fiscal Note - State of Utah - 2011 General Session
SB0202 - Pharmaceutical Competitive Pricing
State Government (UCA 36-12-13(2)(b)):
This bill costs the Department of Health $9,500 one-time General Fund and $16,000 one-time federal funds in FY 2012 for staff time to prepare and review a competitive bid process. A similar cost would be repeated every five years going forward. The amount of savings or costs for Medicaid pharmacy will be dependent on the results of the competitive bid process.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| General Fund, One-Time | $0 | $9,500 | $0 |
| Federal Funds | $0 | $16,000 | $0 |
| Total Expenditure | $0 | $25,500 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($25,500) | $0 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($9,500) | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.
| 2/21/2011, 2:35:09 PM, Lead Analyst: Frandsen, R./Attny: GCL | Office of the Legislative Fiscal Analyst |