Fiscal Note H.B. 409 2025 General Session Medicaid Pharmacy Amendments by Bolinder, Bridger General, Income Tax, and Uniform School Funds JR4-4-101 Ongoing One-time Total Net GF/ITF/USF (rev.-exp.) $6,977,800 $(6,977,800) $0 State Government UCA 36-12-13(2)(c) Revenues FY 2025 FY 2026 FY 2027 Federal Funds $0 $(32,522,100) $(32,522,100) Federal Funds, One-time $0 $32,522,100 $32,567,100 Total Revenues $0 $0 $45,000 Enactment of this Legislation may impact federal funds to the State by a one-time increase of $45,000 in FY 2027 and an ongoing decrease of ($32,522,100) in FY 2028. Expenditures FY 2025 FY 2026 FY 2027 General Fund $0 $(6,977,800) $(6,977,800) General Fund, One-time $0 $6,977,800 $6,982,800 Federal Funds $0 $(32,522,100) $(32,522,100) Federal Funds, One-time $0 $32,522,100 $32,567,100 Medicaid ACA Fund $0 $(2,322,900) $(2,322,900) Medicaid ACA Fund, One-time $0 $2,322,900 $2,322,900 Total Expenditures $0 $0 $50,000 Enactment of this bill may cost the State $50,000 one-time total funds ($5,000 General Fund) in FY 2027 and save the State ongoing beginning in FY 2028 ($41,822,800) total funds ($6,977,800 General Fund) from shifting all Medicaid pharmacy benefits to fee-for-service. FY 2025 FY 2026 FY 2027 Net All Funds $0 $0 $(5,000) Local Government UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct, measurable costs for local governments. Individuals & Businesses UCA 36-12-13(2)(c) Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses. H.B. 409 2025/02/07 11:03, Lead Analyst: Russell Frandsen, Attorney: Williams, C. Regulatory Impact UCA 36-12-13(2)(d) Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses. Performance Evaluation JR1-4-601 This bill does not create a new program or significantly expand an existing program. Notes on Notes Fiscal explanations estimate the direct costs or revenues of enacting a bill. The Legislature uses them to balance the budget. They do not measure a bill's benefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal explanation is not an appropriation. The Legislature decides appropriations separately. H.B. 409 2025/02/07 11:03, Lead Analyst: Russell Frandsen, Attorney: Williams, C.