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Colorado Revised Statutes Title 25. Health § 25-1.5-115. Opioid antagonist bulk purchase fund--creation--rules--report--appropriation--definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

(1)(a) The opioid antagonist bulk purchase fund is created in the state treasury. The fund consists of payments made to the department by participating eligible entities for the purchase of opioid antagonists; gifts, grants, and donations credited to the fund pursuant to subsection (1)(b) of this section; and any money that the general assembly may appropriate or transfer to the fund.

(b) The department may seek, accept, and expend gifts, grants, or donations from private or public sources for the purposes of this section. The department shall transmit all money received through gifts, grants, or donations to the state treasurer, who shall credit the money to the fund.

(c) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.

(2) Money in the fund is continuously appropriated to the department for bulk purchasing of opioid antagonists. Eligible entities may purchase opioid antagonists from the department. The department may contract with a prescription drug outlet, as defined in section 12-280-103(43), for the bulk purchasing and distribution of opioid antagonists. The department may prioritize the purchase of opioid antagonists by eligible entities based on the need of the entity and the availability of the opioid antagonists as determined by the department. The department shall provide technical assistance to participating eligible entities to ensure that eligible entities complete all training and registration requirements.

(3) The department shall promulgate rules specifying the amount an eligible entity must pay to purchase opioid antagonists from the department.

(4)(a) No later than October 1, 2020, and every October 1 thereafter, the executive director of the department or the executive director's designee shall report to the house and senate appropriations committees, or their successor committees, on the fund's activity. The report must include:

(I) Revenue received by the fund;

(II) Revenue and expenditure projections for the forthcoming fiscal year and details of all expenditures from the fund;

(III) The eligible entities that purchased opioid antagonists;

(IV) The amount of opioid antagonists purchased by each eligible entity; and

(V) The discount procured through bulk purchasing.

(b) Notwithstanding section 24-1-136(11)(a)(I), the report required in this subsection (4) continues indefinitely.

(5) As used in this section:

(a) “Eligible entity” means a person or entity described in section 12-30-110(1)(a); except that an employee or agent of a school must be acting in accordance with section 12-30-110(1)(b), (2)(b), and (4)(b), and, as applicable, section 22-1-119.1.

(b) “Fund” means the opioid antagonist bulk purchase fund created in subsection (1)(a) of this section.

(6) Repealed by Laws 2022, Ch. 225 (H.B. 22-1326), § 21, eff. July 1, 2024.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 25. Health § 25-1.5-115. Opioid antagonist bulk purchase fund--creation--rules--report--appropriation--definitions - last updated January 01, 2025 | https://codes.findlaw.com/co/title-25-health/co-rev-st-sect-25-1-5-115/

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