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ARKANSAS STATUTES AND CODES
§ 20-76-509 - Arkansas Rx Program Fund.
20-76-509. Arkansas Rx Program Fund.
(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a special revenue fund to be known as the "Arkansas Rx Program Fund".
(b) (1) All moneys collected under the Arkansas Rx Program shall be deposited into the State Treasury to the credit of the fund as special revenues.
(2) The fund shall also consist of any other revenues as may be authorized by law.
(c) The fund shall be used by the Department of Human Services to reimburse:
(1) Retail pharmacies for rebates provided under this subchapter; and
(2) The department for contracted services, including pharmacy claims processing fees, administrative and associated computer costs, and other reasonable program costs.
(d) Surplus funds in the fund shall be used for the benefit of the program.
(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a special revenue fund to be known as the "Arkansas Rx Program Fund".
(b) (1) All moneys collected under the Arkansas Rx Program shall be deposited into the State Treasury to the credit of the fund as special revenues.
(2) The fund shall also consist of any other revenues as may be authorized by law.
(c) The fund shall be used by the Department of Human Services to reimburse:
(1) Retail pharmacies for rebates provided under this subchapter; and
(2) The department for contracted services, including pharmacy claims processing fees, administrative and associated computer costs, and other reasonable program costs.
(d) Surplus funds in the fund shall be used for the benefit of the program.
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