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The Florida Senate

2007 Florida Statutes

Section 409.916, Florida Statutes 2007

409.916  Grants and Donations Trust Fund.--

(1)  The agency shall deposit any funds received from pharmaceutical manufacturers and all other funds received by the agency from any other person as the result of a Medicaid cost containment strategy, in the nature of a rebate, grant, or other similar mechanism into the Grants and Donations Trust Fund.

(2)  Funds received from pharmaceutical manufacturers shall be used as the state portion for funding Medicaid prescribed drug services. However, at least $75,000 may be appropriated from the Grants and Donations Trust Fund for Medicaid research and development activities as specified in the General Appropriations Act.

(3)  Receipts from the agency's share of Medicaid fraud and abuse recoupments and fines shall be deposited into the Grants and Donations Trust Fund for purposes established by law and the General Appropriations Act.

History.--s. 47, ch. 91-282; s. 37, ch. 96-418; s. 191, ch. 99-8.