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2026 Session

Budget Amendments - HB30 (Committee Approved)

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HB 483: Establish Prescription Drug Affordability Board

Item 280 #1h

Item 280 #1h

First Year - FY2027 Second Year - FY2028
Health and Human Resources
Department of Health FY2027 $350,000 FY2028 $644,000 GF
FY2027 2.00 FY2028 3.00 FTE

Language
Page 319, line 28, strike "$180,469,119" and insert "$180,819,119".
Page 319, line 28, strike "$180,469,119" and insert "$181,113,119".


Explanation

(This amendment provides $350,000 the first year and $644,000 the second year from the general fund and positions each year, to effectuate the provisions of House Bill 483, 2026 Session of the General Assembly, which establishes the Prescription Drug Affordability Board for the purpose of identifying high cost prescription drugs, reviewing pricing and cost information, conducting affordability reviews of selected prescription drug products, and if necessary, setting an upper payment limit, which shall apply to all purchases and payer reimbursements for the product dispensed in the Commonwealth. Funding assumes start up costs in the first year with full implementation in the second year.)