Vermont Statutes Title 33 Sec. 1955b
Terms Used In Vermont Statutes Title 33 Sec. 1955b
- Assessment: means a tax levied on a health care provider pursuant to this chapter. See
- Commissioner: means the Commissioner of Vermont Health Access. See
- Department: means the Department of Vermont Health Access. See
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Month: shall mean a calendar month and "year" shall mean a calendar year and be equivalent to the expression "year of our Lord. See
- Pharmacy: means a Vermont drug outlet licensed by the Vermont State Board of Pharmacy pursuant to 26 Vt. See
§ 1955b. Pharmacy assessment
(a) Beginning July 1, 2005, each pharmacy’s monthly assessment shall be $0.10 for each prescription filled and refilled.
(b) Each pharmacy shall declare and provide supporting documentation to the Commissioner of the total number of prescriptions filled and refilled in the previous month and remit the assessment due for that month. The declaration and payment shall be due by the end of the following month.
(c) Each pharmacy shall submit its assessment payment to the Department monthly. Variations in payment timing shall be permitted as deemed necessary by the Commissioner.
(d) Any pharmacy that fails to pay an assessment to the Department on or before the due date shall be assessed a late payment penalty of two percent of the assessment amount for each month it remains unpaid; but late payment penalties for any one quarter shall not exceed $500.00. The Commissioner may waive a penalty under this subsection for good cause shown by the pharmacy, as determined by the Commissioner in his or her discretion. (Added 2005, No. 71, § 289; amended 2009, No. 156 (Adj. Sess.), § I.57.)