Fiscal Note
S.B. 69
2025 General Session
Medication Amendments
by Vickers, Evan J.
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $(912,000) $0 $(912,000)
State Government UCA 36-12-13(2)(c)
Revenues FY 2025 FY 2026 FY 2027
Total Revenues $0 $0 $0
Enactment of this legislation likely will not materially impact state revenue.
Expenditures FY 2025 FY 2026 FY 2027
General Fund $0 $255,700 $255,700
General Fund, One-time $0 $0 $0
Income Tax Fund $0 $656,300 $656,300
Income Tax Fund, One-time $0 $0 $0
Insurance Department Acct (GFR) $0 $7,100 $7,100
Insurance Department Acct
(GFR), One-time
$0 $0 $0
Other Financing Sources $0 $1,075,700 $1,075,700
Other Financing Sources, One-
time
$0 $0 $0
Total Expenditures $0 $1,994,800 $1,994,800
Enactment of this legislation could cost the Department of Insurance $7,100, ongoing in FY 2026 from
the Insurance Department Restricted Account for market examination efforts. The department has
indicated it can absorb these costs within existing budgets. Enactment of this legislation could also
increase pharmacy costs for the Public Employees Health Program (PEHP). Assuming ten percent
more drugs are purchased through 340B pricing, PEHP statewide costs could increase by $1,987,700,
ongoing in FY 2026 from the General Fund, Income Tax Fund and Other Financing Sources.
FY 2025 FY 2026 FY 2027
Net All Funds $0 $(1,994,800) $(1,994,800)
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation could increase total plan costs for the Public Employee's Health Plan by
$2.67 per member per month depending on members subscribed within a certain entity.
S.B. 69
2025/01/22 16:32, Lead Analyst: Sean C. Faherty, Attorney: Gunn, G. 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.
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation could result in a small reduction in the regulatory burden for Utah
residents or businesses.
Performance Evaluation JR1-4-601
This bill creates a new program or significantly expands an existing program.
For a list of questions lawmakers might ask to improve accountability for the proposed program,
please see: https://budget.utah.gov/newprogram
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.
S.B. 69
2025/01/22 16:32, Lead Analyst: Sean C. Faherty, Attorney: Gunn, G.