The bill amends Minnesota Statutes 2024, section 295.54, subdivision 2, to establish a quarterly pharmacy refund system for legend drugs delivered outside of Minnesota. The amendment changes the previous annual refund process to a quarterly one, allowing pharmacies to file refund requests based on specific delivery periods throughout the year. The new schedule outlines when pharmacies can submit their requests, with deadlines set for each quarter based on the delivery dates of the drugs.

Additionally, the bill clarifies that refunds will be calculated based on the tax percentage specified for wholesale drug distributors and will not exceed the tax liability of the pharmacy. It also specifies that no refund requests will be accepted more than one year after the end of the quarter in which the drugs were delivered. The effective date for these changes is set for legend drugs delivered outside of Minnesota after December 31, 2025.

Statutes affected:
Introduction: 295.54