SB 18-080

Senate Bill 18-080, also known as the "Colorado Wholesale Importation of Prescription Drugs Act," aims to allow Colorado residents to buy prescription drugs from Canada. The bill requires the state's health care department to create a program that ensures these imported drugs are safe and affordable for consumers. If approved by federal authorities, this program would be implemented to help lower drug costs for Coloradans. Since the status is "signed," it means the governor has signed the bill into law, making it official state policy.

Official Summary

The bill creates the 'Colorado Wholesale Importation of Prescription Drugs Act', under which the department of health care policy and financing (department) must design a program to import prescription pharmaceuticals from Canada for sale to Colorado consumers. The program design must ensure both drug safety and cost savings for Colorado consumers. The department must submit the program design to the secretary of the United States department of health and human services and request the secretary's approval of the program as meeting the requirements of federal law to import Canadian pharmaceutical products. If the secretary approves the program, the department must implement the program. The department must adopt a funding mechanism to cover the program's administrative costs, and the department must annually report on the program to the general assembly. (Note: This summary applies to this bill as introduced.) , Read More