Loading chat...
AR HB1717
Bill
Status
5/1/2023
Primary Sponsor
Robin Lundstrum
Click for details
AI Summary
-
Expands the sales and use tax exemption for drugs to include over-the-counter drugs when prescribed by a licensed healthcare professional, in addition to existing prescription drug exemptions.
-
Replaces the list of specific professionals (pharmacists, hospitals, physicians) with a broader definition of "healthcare professional" that includes physicians, dentists, podiatrists, osteopaths, physician assistants, nurse practitioners, advanced practice registered nurses, pharmacists, and any other medical professional with prescriptive authority.
-
Defines "over-the-counter drug" as a drug containing either a "Drug Facts" panel or a statement of active ingredients as required by federal regulation 21 C.F.R. § 201.66 as it existed on January 1, 2023.
-
Maintains existing exemption for oxygen sold for human use on prescription of a healthcare professional and for prescription drug samples distributed for free.
-
Becomes effective on the first day of the calendar quarter following the act's enactment date.
Legislative Description
To Exempt Over-the-counter Drugs Prescribed By A Medical Professional From Sales And Use Tax; And To Clarify Which Medical Professionals May Prescribe Drugs That Are Exempt From Sales And Use Tax.
Last Action
Died in House Committee at Sine Die Adjournment
5/1/2023