HB1508
An Act For The Department Of Health - Arkansas State Board Of Pharmacy - Expense Reimbursement Appropriation For The 2022-2023 Fiscal Year.
Last Action (May 1, 2023): Died in House Committee at Sine Die Adjournment
Sponsors
AI-Generated Summary
House Bill 1508 appropriates $8,000,000 in federal funds to the Arkansas State Board of Pharmacy for the 2022-2023 fiscal year. The primary purpose of this appropriation is to establish a statewide grant program to reimburse pharmacies for expenses incurred due to the COVID-19 pandemic. These discretionary grants are specifically available to 501(c)(3) Arkansas foundations that include healthcare professionals on their boards and support pharmacists engaged in patient care management. The bill mandates that funds be used exclusively for reimbursement to safeguard the health and well-being of Arkansas citizens. It includes provisions for strict compliance with state procurement and fiscal control laws. Finally, the act includes an emergency clause, allowing it to take effect immediately upon passage to ensure the continued provision of essential governmental services.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries are 501(c)(3) Arkansas foundations that meet the specific criteria of having healthcare professionals on their boards and supporting pharmacists in integrated healthcare roles. These foundations, in turn, distribute the funds to pharmacies that incurred significant financial burdens while responding to the COVID-19 pandemic, as well as the broader public that benefits from the maintenance of pharmacy operations and patient care services.
Who Might Suffer?
There are no groups explicitly targeted for negative impact by this legislation. However, potential negative impacts could be felt by other state agencies or organizations competing for limited federal funding sources, as these funds are specifically earmarked for this grant program. Additionally, any pharmacies that do not meet the strict criteria to qualify for these discretionary grants may experience a relative disadvantage compared to those that are eligible to receive the financial reimbursement.
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