Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF3726

Introduced
2/15/24  

Caption

Change of ownership fees for persons registered with or licensed by the Board of Pharmacy establishment and specifying that licenses and registrations granted by the Board of Pharmacy are not transferable

Impact

The impact of SF3726 on Minnesota state laws includes amendments to existing statutes regarding pharmacy licensing. By specifying that licenses and registrations granted by the Board of Pharmacy are not transferable, the bill emphasizes the necessity for continued oversight and regulation of pharmacy practices. This will potentially eliminate any confusion regarding the ownership and operation of licensed pharmacies, providing a clear framework for both applicants and regulators. The amendments will likely improve compliance and make the regulatory framework more straightforward, benefiting public health by ensuring licensed pharmacies adhere to established standards.

Summary

SF3726 is a bill aimed at regulating the application and fees associated with the relocation and change of ownership for individuals or businesses licensed or registered with the Board of Pharmacy in Minnesota. The legislation establishes new guidelines that require those registered to submit a new application to the board before relocating their business or changing ownership. The proposed fees are detailed, with some reductions applicable depending on specific circumstances, particularly for those who have remitted previous payments during the fiscal year. This initiative seeks to streamline the process involving the relocation and ownership transfer of pharmacies, which is critical to maintaining state standards in healthcare and pharmacy practice.

Contention

Points of contention associated with SF3726 may revolve around the implementation of new fees and the requirement for applications which could be seen as burdensome, especially for small pharmacy owners or startups. There may be debates regarding the fairness of these fees and their impact on local businesses. Critics may argue that while the intent is to maintain high standards, the additional financial burden could limit opportunities for new entrepreneurs entering the pharmacy market or hinder existing businesses that need to relocate or adjust ownership. Thus, the discussions around the bill could address both regulatory necessity and economic implications for pharmacy businesses.

Companion Bills

MN HF4099

Similar To Relocation and change of ownership fees established for persons registered with or licensed by the Board of Pharmacy.

Previously Filed As

MN SF4523

Pharmacy-related license and registration renewal and application procedures modifications, inspection requirements for pharmacy licensure modifications, and fees establishment

MN SB28

Pharmacy Board, licensure and regulation of pharmacists and operation of board

MN HB1675

Pharmacies; require to maintain not more than a certain ratio of pharmacy technicians to licensed pharmacists.

MN SB2552

Pharmacy technician-to-pharmacist ratio requirements; establish for licensed pharmacies.

MN HB2733

pharmacy board; renewals; ownership change

MN S07025

Authorizes registered pharmacy technicians to administer the same immunizations as licensed pharmacists under direct supervision of such licensed pharmacist.

MN A05152

Authorizes registered pharmacy technicians to administer the same immunizations as licensed pharmacists under direct supervision of such licensed pharmacist.

MN SB0293

Pharmacist licensure.

MN HF4457

Pharmacy-related license and registration renewal and application procedures modified, inspection requirements modified, rulemaking authorized, and fees established.

MN SB2040

AN ACT to amend Tennessee Code Annotated, Title 63, relative to the ownership or control of pharmacies by pharmacy benefits managers.

Similar Bills

No similar bills found.