Section 2177.006 - Business Plan Not later than October 1, 2024, the board shall develop and submit to the governor, the legislature, and the Legislative Budget Board a business plan on:
(1) implementing the initiative, including the initiative's organizational structure and related programs; (2) establishing procedures and policies for the administration of the initiative, including documenting the process and resources required for the provision to individuals described by Section 2177.002 of the following services: (A) establishing or contracting for statewide pharmacy benefit manager services; (B) establishing policies and conditions to operate or contract for the operation of a distribution network, central service center, and associated network of satellite distribution facilities to distribute prescription drugs and related medical supplies; and (C) providing advanced pharmaceutical preparation and related services, including: (i) manufacturing generic drugs and generic biological products; (ii) providing gene therapies and precision medicine; and (iii) providing advanced laboratories for quality control, preparation, and compounding of drugs in support of innovative therapeutics and drug research; (3) establishing procedures to document compliance by board members and personnel with applicable laws governing conflicts of interest; (4) establishing the conditions for state agencies that facilitate health plans to participate in the initiative; (5) identifying potential cost savings from implementation of the initiative; (6) identifying the funding and resources needed to implement this chapter; and (7) providing other board recommendations, with supporting documentation, on continuation of the initiative. Tex. Gov't. Code § 2177.006
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 891,Sec. 1, eff. 6/13/2023.