Alabama § 36-35-4 Calculation of Savings from Drug Discounts; Disbursement of Savings

Alabama Statutes

§ 36-35-4 — Calculation of Savings from Drug Discounts; Disbursement of Savings

Alabama § 36-35-4

Title 36Public Officers and Employees

Ch. 35Alabama Prescription Cost Initiative and Board

This text of Alabama § 36-35-4 (Calculation of Savings from Drug Discounts; Disbursement of Savings) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 36-35-4 (2026).

Text

Savings achieved through drug discounts received by departments and governmental entities shall be calculated on a quarterly basis by the board. A prorated share of the savings of each department or governmental entity, based on the percentage of the department or entity patronage as it bears to the total quarterly patronage, shall first be distributed to the board to reimburse the board for the administrative costs of the program. After administrative costs are fully reimbursed, any remaining savings shall be returned to the respective departments and governmental entities based on the prorated basis.

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Savings achieved through drug discounts received by departments and governmental entities shall be calculated on a quarterly basis by the board. A prorated share of the savings of each department or governmental entity, based on the percentage of the department or entity patronage as it bears to the total quarterly patronage, shall first be distributed to the board to reimburse the board for the administrative costs of the program. After administrative costs are fully reimbursed, any remaining savings shall be returned to the respective departments and governmental entities based on the prorated basis.