VT S0199

Establishes the Vermont Prescription Drug Discount Card Program, administered by the Office of the State Treasurer, available to all Vermont residents to reduce prescription drug costs through pooled purchasing power with other states, territories, and nongovernmental organizations.

Authorizes the State Treasurer to negotiate discounts with drug manufacturers, centralize drug purchasing, and establish volume discount contracting arrangements.

Creates the Vermont Prescription Drug Discount Card Program Fund as a special fund to support the program, consisting of legislative appropriations, federal transfers, fees, and gifts or grants.

Appropriates $50,000 from the General Fund in fiscal year 2027 for program development and implementation costs.

Requires an implementation report by January 15, 2027, and annual reports beginning January 15, 2028, detailing participant numbers, pharmacy participation, and prescription drug savings achieved.