10-7C-19.  Audit; fee recommendation.

Text

Annually the legislative finance committee shall conduct a fiscal audit of the discount prescription drug program fund and the administration of the program, including rebates negotiated for the prescription drugs purchased by participants, and shall recommend if and how much of an annual fee is necessary for participants in the program.

History

HISTORY:
Laws 2002, ch. 75, § 4 and Laws 2002 ch. 80, § 4; 2006, ch. 26, § 3.

Annotations

Editor’s notes. 

This section by Laws 2002, ch. 75, § 4 and by Laws 2002, ch. 80, § 4 was enacted as part of the Retiree Health Care Act.

Amendment Notes. 

The 2006 amendment, effective May 17, 2006, substituted “discount” for “senior” preceding “prescription drug program fund”.