Section 10-7C-19 - Audit; fee recommendation.

NM Stat § 10-7C-19 (2019) (N/A)
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Annually the legislative finance committee shall conduct a fiscal audit of the discount prescription drug program fund and the administration of the program, including rebates negotiated for the prescription drugs purchased by participants, and shall recommend if and how much of an annual fee is necessary for participants in the program.

History: Laws 2002, ch. 75, § 4; 2002 ch. 80, § 4; 2006, ch. 26, § 3.

The 2006 amendment, effective May 17, 2006, changed the name of the "senior prescription drug program fund" to the "discount prescription drug program fund".