HOUSE BILL 1437

Sponsored By:

Delegate Clagett

Entitled:

State Operating Budget - State Prescription Drug Program Subsidy - Lump Sum Payment

Synopsis:

Authorizing the State to enter into a contract with a provider of a specified method to use a computerized actuarial methodology to determine the value of specified future payments from a specified subsidy received as a result of the State's prescription drug program for specified Medicare-eligible retirees and convert the payments to provide a lump sum payment to the State in a specified manner; making the Act an emergency measure; etc.

History by Legislative and Calendar Date

House Action

3/2

First Reading House Rules and Executive Nominations

3/13

Re-referred Appropriations

3/14

Hearing 3/28 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Budget and Management, Department of

Budgets -see also- Capital Budgets

Contracts -see also- Land Installment Contracts; Procurement

Drugs -see also- Controlled Dangerous Sub; Substance Abuse

Emergency Bills

Federal Government

Medical Assistance

Notices

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered