HB 614 - SB 604
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 8, 2025
Fiscal Analyst: Chris Higgins | Email: chris.higgins@capitol.tn.gov | Phone: 615-741-2564
HB 614 - SB 604
SUMMARY OF BILL: Requires a pharmacy services administrative organization or similar
entity that receives a maximum allowable cost list or related information from a contracted
pharmacy to destroy such information within five business days of receipt of a written request from
the pharmacy that shared the information.
FISCAL IMPACT:
NOT SIGNIFICANT
Assumptions:
• Pharmacy services administrative organizations are private collective bargaining groups
made up of independent pharmacies.
• Requiring such organizations to destroy shared information upon request will not impact
the operations of the Department of Health, the Division of TennCare, or the Division of
Benefits Administration.
• Any fiscal impact to state or local government is estimated to be not significant.
IMPACT TO COMMERCE:
NOT SIGNIFICANT
Assumption:
• Any impact to commerce or jobs in Tennessee as a result of the proposed legislation is
estimated to be not significant.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director