SB 1654

ON MARCH 26, 2026, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 1654, AS AMENDED. AMENDMENT #1 rewrites the bill to, instead, as of November 1, 2026, provide that a non-governmental entity receiving in-kind funding from the state or a political subdivision of the state pursuant to the federal Public Health Service Act is eligible to q ualify as a 340B entity, only if the entity is also a recipient of one or more state or federal grant awards that are subject to audit, reporting, and oversight requirements under state and federal law. Further, the comptroller of the treasury and any st at e agency or political subdivision providing in-kind funding are authorized to verify eligibility and enforce compliance with this amendment. Present law defines a "340B entity"" as a covered entity participating in the federal 340B drug discount program, including the entity's pharmacy or pharmacies, or any pharmacy or pharmacies under contract with the 340B covered entity to dispense drugs on behalf of the 340B covered entity."