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130th MAINE LEGISLATURE |
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LD 675 |
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LR 1633(02) |
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An Act To Protect
Maine Consumers from Unsupported Price Increases on Prescription Medicines by
Creating an Independent Review Process |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium revenue increase - Other Special Revenue
Funds
Minor revenue increase - General Fund |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$500 |
$500 |
$500 |
$500 |
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Correctional and
Judicial Impact Statements |
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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. |
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Fiscal Detail and
Notes |
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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. |
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