STATEMENT OF PURPOSE
RS31445 / H0671
The Affordable Prescription Drug Cost Act restores the integrity of the 340B Drug Discount Program by
ensuring fair reimbursement to Idaho’s 340B covered entities and contract pharmacies. This legislation
prohibits Pharmacy Benefit Managers from placing any burdensome restrictions on a 340B covered entity or
contract pharmacy that would not be placed equally on a non-340B covered entity or non-contract pharmacy.
Additionally, this legislation safeguards Idahoans’ choices for pharmacy selection, and preserves independent
pharmacies, by prohibiting drug manufacturers from restricting which pharmacies can receive drugs purchased
under the 340B program.
FISCAL NOTE
This legislation causes no additional expenditure of funds at the state or local government nor does it cause an
increase or decrease in revenue for the state or local government therefore the legislation has no fiscal impact.
Contact:
Representative Jordan Redman
(208) 332-1000
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/27/2024, 1:05 PM