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House Bill 25 |
House Author: Talarico et al. |
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Effective: 9-1-23 |
Senate Sponsor: Kolkhorst et al. |
House Bill 25, the Wholesale Prescription Drug Importation Act, amends the Health and Safety Code to provide for the establishment of the wholesale prescription drug importation program by the Health and Human Services Commission (HHSC) in order to provide lower cost prescription drugs available outside of the United States to consumers in Texas at the lower cost. The bill sets out requirements for HHSC in implementing the program, including contracting with prescription drug wholesalers and Canadian suppliers to import prescription drugs and provide cost savings to consumers, and eligibility requirements for the prescription drugs that may be imported into Texas under the program. The bill provides for the identification and monitoring of any potential anticompetitive activities in industries affected by the program, the imposition of a fee or the establishment of another funding method by HHSC, audit procedures, and an annual report to the governor and legislature regarding the program.