Cal. Health and Safety Code § 130542.1
Cal. Health and Safety Code § 130542.1
California · California Health and Safety Code · Status: effective · Effective 2008-09-30
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- Citation
- Cal. Health and Safety Code § 130542.1, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/876769
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Full text
(a) It is the intent of the Legislature that the program shall be self-financing and that General Fund moneys provided to the fund shall be repaid within five years after implementation of the program begins. The department shall provide the Legislature with a five-year projection of program revenues and expenditures as part of its annual budget request. The projection shall include a projected General Fund repayment schedule.
(b) The department may use up to 25 percent of manufacturer rebate revenues to administer the program, including the funding of a float account to finance payments to participating pharmacies in advance of the receipt of manufacturer rebates.