COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1640-02
Bill No.: SB 479
Subject: Pharmacy; Health Care; Health Care Professionals; Medical Procedures &
Personnel; Licenses-Professional
Type: Original
Date: March 12, 2001
FISCAL SUMMARY
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Board of Pharmacy | $6,250 | $5,250 | $5,450 |
Total Estimated
Net Effect on All State Funds |
$6,250 | $5,250 | $5,450 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Local Government |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
This proposal updates the definition of "pharmacy" and creates an additional permit class called "shared services" due to new avenues of providing drugs in the marketplace.
Officials from the Department of Economic Development - Division of Professional Registration assume that the Board of Pharmacy would receive 10-25 new applications for the Shared Services Permit. The initial application fee has been calculated at $250 with an annual renewal fee, thereafter, of $200. This additional revenue would be deposited into the Board of Pharmacy Fund. A 3% growth rate has been estimated.
FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
BOARD OF PHARMACY FUND | |||
Income to Department of Economic Development - Division of Professional Registration from application fees | $6,250 | $5,250 | $5,450 |
FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
FISCAL IMPACT - Small Business
This proposal would have a direct fiscal impact of small businesses operating as pharmacies
DESCRIPTION
SB 479 - This act modifies licensure provisions for pharmacists and pharmacies.
Currently, requirements for examination are outlined in Section 338.030, RSMo. Proof of a high school diploma is no longer required. Section 338.043, RSMo, currently allows a temporary license if Board requirements are met. The provision authorizing the temporary licensee to practice only under a licensed pharmacist is removed. (Sections 338.030 - 338.043).
DESCRIPTION (Continued)
The Board may currently deny licensure for specified reasons. A new reason is added regarding personal use or consumption of a controlled substance unless it is prescribed, dispensed, or administered by a health care provider. (Section 338.055).
All current language defining "pharmacy" is replaced. New language defines pharmacy and lists locations where the practice of pharmacy may occur. All prescription transactions should occur at the place where the prescription was originally presented. This does not, however, prevent the transfer of prescriptions upon request. The Board may override these terms and conditions. (Section 338.210).
Currently, Section 338.220, RSMo, prohibits the operation of a pharmacy without a permit or license and assigns pharmacies to certain classes. New language adds a "Class J" which means a "shared service".
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Economic Development
Division of Professional Registration
Jeanne Jarrett, CPA
Director
March 12, 2001