This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0216 - Extends licensure for distribution of controlled substances from one to three years
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 1126-01
BILL NO. Truly Agreed To and Finally Passed SB 216
SUBJECT: Allows for Three Year License to Handle Controlled Substances
TYPE: Original
DATE: April 22, 1999
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 2000
FY 2001
FY 2002 None
Total Estimated
$0
$0
$0
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| None | |||
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Social Services and Department of Economic Development, Division of Professional assume this proposal would not fiscally impact their agencies.
Officials from the Department of Health (DOH) assume this proposal would not fiscally impact their agency. DOH states they will phase all controlled substance registrations to a three-year registration cycle over a period of three years. Fees will be adjusted accordingly by amending the regulation defining fee amounts from $30 per year to $90 per three years.
| FISCAL IMPACT - State Government | FY 2000 | FY 2001 | FY 2002 |
| (10 Mo.) | |||
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 2000 | FY 2001 | FY 2002 |
| (10 Mo.) | |||
| $0 | $0 | $0 | |
| FISCAL IMPACT - Small Business | |||
| This proposal would have an impact on small businesses which process, produce, prepare, distribute, dispense, or prescribe controlled substances, as they would only need to complete and submit applications every three years rather than every year. | |||
DESCRIPTION
Current law requires persons who, by any process, produce, prepare, distribute, dispense, or prescribe any controlled substance to register annually with the Department of Health. This proposal eliminates the annual requirement and provides instead that such registrations may be issued for a term not exceeding three years.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Social Services
Department of Health
Department of Economic Development - Division of Professional Registration
Jeanne Jarrett, CPA
Director
April 22, 1999