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IN HB1543
Bill
Status
1/18/2017
Primary Sponsor
Steven Davisson
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AI Summary
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Establishes the enhanced pharmacy security matching grant fund administered by the Indiana professional licensing agency to provide matching grants to Indiana pharmacy owners for increased security measures related to safe storage, dispensing of controlled drugs, and robbery reduction.
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Pharmacies may apply for grants with a minimum commitment of $2,000 of their own funds toward security improvements, with the state matching up to $10,000 per pharmacy location.
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Fund is financed by controlled substances registration fees deposited into the controlled substances data fund, and cannot exceed the total amount of registration fees collected from pharmacies dispensing controlled substances.
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Applications are reviewed and approved on a first-come, first-served basis by the Indiana board of pharmacy, with grants distributed by the Indiana professional licensing agency.
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Fund expires July 1, 2020, with any remaining money transferred back to the controlled substances data fund; effective date is July 1, 2017.
Legislative Description
Pharmacy security matching grant fund. Establishes the enhanced pharmacy security matching grant fund (fund) to provide matching grants to businesses that own and operate licensed pharmacies in Indiana for the purpose of increasing security measures. Provides that the fund consists of certain fees that are deposited into and transferred from the controlled substances data fund. Limits matching grants to $10,000 per pharmacy location. Provides that the fund expires July 1, 2020.
Last Action
First reading: referred to Committee on Ways and Means
1/18/2017