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Bill > SF4861


MN SF4861

MN SF4861
340B covered entities reporting requirements modifications and reports to the legislature requirement


summary

Introduced
03/11/2024
In Committee
04/08/2024
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to health; modifying reporting requirements for 340B covered entities; requiring reports to the legislature; amending Minnesota Statutes 2023 Supplement, section 62J.84, subdivision 10; proposing coding for new law in Minnesota Statutes, chapter 62J; repealing Minnesota Statutes 2023 Supplement, section 62J.312, subdivision 6.

AI Summary

This bill modifies reporting requirements for 340B covered entities, which are healthcare providers that participate in the federal 340B Drug Pricing Program. The bill requires 340B covered entities to maintain current registration with the Commissioner of Health and report annually on their 340B program activities, including the aggregated acquisition cost of 340B drugs, the payment amounts received, and the number of pricing units dispensed or administered. The bill also requires the Commissioner to submit an annual report to the legislature that aggregates the data submitted by the covered entities, while protecting the confidentiality of individual entities' data. The bill repeals an existing 340B covered entity reporting requirement and provides the Commissioner with an exemption from certain rulemaking requirements when implementing the new reporting provisions.

Committee Categories

Business and Industry, Government Affairs, Health and Social Services, Military Affairs and Security

Sponsors (1)

Last Action

Joint rule 2.03, referred to Rules and Administration (on 04/08/2024)

bill text


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