Lost

AMENDMENT NO 3 PROPOSED TO

Cmte Sub for House Bill No. 1434

BY: Representative Hudson

     AMEND on lines 801 and 806 by deleting the underlined language on those lines.

     AMEND FURTHER by inserting the following paragraph after line 808:

     "As used in this paragraph (9), the "estimated acquisition cost" of a drug means the cost of the drug as determined by the division, but not lower than twelve percent (12%) less than the average wholesale price for the drug."

     AMEND FURTHER the title on lines 32 and 33 by inserting a semicolon after the word "DRUGS", deleting the words "AT THE ESTIMATED ACQUISITION COST AS DETERMINED BY THE DIVISION", and inserting the following language: "TO PROVIDE THAT THE ESTIMATED ACQUISITION COST OF A DRUG MEANS THE COST OF THE DRUG AS DETERMINED BY THE DIVISION, BUT NOT LOWER THAN 12% LESS THAN THE AVERAGE WHOLESALE PRICE FOR THE DRUG;"