This bill establishes a framework for the state of Minnesota to stockpile essential medications in order to enhance emergency preparedness and address public health challenges, such as drug shortages. It introduces a new section in Minnesota Statutes, chapter 145, titled "STATE-MANAGED MEDICATION STOCKPILING," which outlines the purpose, definitions, and authorization for creating a strategic stockpile of essential prescription medications. The Department of Health, in collaboration with the Department of Commerce, is tasked with managing this stockpile, which includes contracting with third-party vendors for inventory management and developing protocols for equitable distribution during emergencies.

Additionally, the bill mandates the Department of Health to submit an annual report detailing the stockpile's inventory and usage to relevant legislative committees. It also includes an appropriation of funds from the general fund for the implementation of these provisions in fiscal year 2026. The effective date of the new regulations will be the day following final enactment.