130th MAINE LEGISLATURE
LD 675 LR 1633(02)
An Act To Protect Maine Consumers from Unsupported Price Increases on Prescription Medicines by Creating an Independent Review Process
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Health Coverage, Insurance and Financial Services
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium revenue increase - Other Special Revenue Funds
Minor revenue increase - General Fund
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Appropriations/Allocations
Other Special Revenue Funds $500 $500 $500 $500
Correctional and Judicial Impact Statements
This bill may increase the number of civil suits filed in the court system.
The additional workload associated with the minimal number of new cases filed in the court system does not require additional funding at this time. 
The collection of additional filing fees may increase General Fund and other dedicated revenue by minor amounts.
Fiscal Detail and Notes
This bill includes base allocations of $500 beginning in fiscal year 2021-22 to establish the Unsupported Prescription Drug Price Increases Fund in the Office of the Attorney General (OAG) with a stated purpose to "benefit customers or to offset health care costs to consumers". Revenue credited to the fund will come from any fines assessed on presciption drug manufacturers for violations set forth in the bill. The OAG will face increased costs due to the anticipated number of new actions related to prescription drug violation. The fund may be used to offset those costs. The Office of Treasurer of State and the Maine Health Data Organization may request the OAG to reimburse expenses they have incurred for their roles in fulfilling the purposes of the bill and the OAG may grant requests only if there will be no significant negative impact on the ability of the fund to meet its stated purpose. No estimate is made of how much fine revenue will be credited to the fund.