STATE OF OKLAHOMA

2nd Session of the 52nd Legislature (2010)

SENATE BILL 1300	By:	Wilson

AS INTRODUCED

An Act relating to professions and occupations; limiting certain copayments; directing the Board of Pharmacy to make certain determination; providing for certain fine; providing for codification; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 374 of Title 59, unless there is created a duplication in numbering, reads as follows:
A.  Pharmacies shall not charge a copayment for prescription drugs that is greater than the cash value of the prescription drug.
B.  The Board of Pharmacy shall determine the cash value of prescription drugs on an annual basis based on the median retail price of the prescription drug in the state.
C.  Pharmacies that violate the provisions of section A of this act may be fined by the Board of Pharmacy in an amount not to exceed Five Hundred Dollars ($500.00) for each violation.
SECTION 2.  This act shall become effective November 1, 2010.

52-2-2204	JM	12/18/2009 11:06:49 AM