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HB 570-FN - AS AMENDED BY THE HOUSE

 

13Mar2025... 0190h

2025 SESSION

25-0079

05/02

 

HOUSE BILL 570-FN

 

AN ACT repealing the prescription drug affordability board.

 

SPONSORS: Rep. Edwards, Rock. 31; Sen. Rosenwald, Dist 13

 

COMMITTEE: Executive Departments and Administration

 

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AMENDED ANALYSIS

 

This bill repeals the prescription drug affordability board.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

13Mar2025... 0190h 25-0079

05/02

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Five

 

AN ACT repealing the prescription drug affordability board.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Salaries Established.  Amend RSA 94:1-a, I(b) by deleting in GG:

GG Department of heath and human services executive director, prescription

drug affordability board

2  Repeal.  The following are repealed:

I.  RSA 6:12, I(b)(384), relative to the New Hampshire prescription drug affordability board administration fund.

II.  RSA 126-BB, relative to the prescription drug affordability board.

3  Effective Date.  This act shall take effect July 1, 2025.

 

LBA

25-0079

1/3/25

 

HB 570-FN- FISCAL NOTE

AS INTRODUCED

 

AN ACT relative to membership of the prescription drug affordability board and the definition of public payor for purposes of board administration.

 

FISCAL IMPACT:   This bill does not provide funding.

 

 

Estimated State Impact

 

FY 2025

FY 2026

FY 2027

FY 2028

Revenue

$0

$0

$0

$0

Revenue Fund(s)

None

Expenditures*

$0

$140,000

$148,000

$153,000

Funding Source(s)

General Fund

Appropriations*

$0

$0

$0

$0

Funding Source(s)

None

*Expenditure = Cost of bill                *Appropriation = Authorized funding to cover cost of bill

 

METHODOLOGY:

This bill extends until 2030 the position of executive director for the Prescription Drug Affordability Board (PDAB).  Currently, state statue establishes the position for only two years following the date of hire of the individual first selected to fill the position.  The PDAB states that salary and benefits for the position will be approximately $140,000 in FY26, $148,000 in FY27, and $153,000 in FY28.  These will be paid for with state general funds.

 

AGENCIES CONTACTED:

Prescription Drug Affordability Board