Statute · California Health and Safety Code
Cal. Health & Safety Code § 130542.1 — Administration
Cal. Health & Safety Code § 130542.1
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2008-09-30
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(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…
Citator
Cal. Health & Safety Code § 130542.1 — Administration is in force in the current edition of the Code, and nothing recorded condemns it.
(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.