338.550. Expiration date of tax, when. - Missouri Statutes

Expiration date of tax, when.

338.550. 1. The pharmacy tax required by sections 338.500 to 338.550shall expire ninety days after any one or more of the following conditionsare met:

(1) The aggregate dispensing fee as appropriated by the generalassembly paid to pharmacists per prescription is less than the fiscal year2003 dispensing fees reimbursement amount; or

(2) The formula used to calculate the reimbursement as appropriatedby the general assembly for products dispensed by pharmacies is changedresulting in lower reimbursement to the pharmacist in the aggregate thanprovided in fiscal year 2003; or

(3) September 30, 2011.

The director of the department of social services shall notify the revisorof statutes of the expiration date as provided in this subsection. Theprovisions of sections 338.500 to 338.550 shall not apply to pharmaciesdomiciled or headquartered outside this state which are engaged inprescription drug sales that are delivered directly to patients within thisstate via common carrier, mail or a carrier service.

2. Sections 338.500 to 338.550 shall expire on September 30, 2011.

(L. 2002 S.B. 1248, A.L. 2003 H.B. 286 merged with H.B. 600, A.L. 2005 S.B. 189, A.L. 2006 S.B. 822, A.L. 2007 S.B. 4, A.L. 2009 H.B. 395 merged with H.B. 740)

Effective 6-26-09 (H.B. 740)

7-10-09 (H.B. 395)

Expires 9-30-11