Oregon Revised Statutes Chapter 414 § 414.318 — Prescription Drug Purchasing Fund
Oregon Revised Statutes Chapter 414 ·
Oregon Code § 414.318·Enacted ·Last updated March 01, 2026
Statute Text
Prescription Drug Purchasing Fund.
The Prescription Drug Purchasing Fund is established separate and distinct from
the General Fund. The Prescription Drug Purchasing Fund shall consist of moneys
appropriated to the fund by the Legislative Assembly and moneys received by the
Oregon Health Authority for the purposes established in this section in the
form of gifts, grants, bequests, endowments or donations. The moneys in the
Prescription Drug Purchasing Fund are continuously appropriated to the
authority and shall be used to purchase prescription drugs, reimburse
pharmacies for prescription drugs and reimburse the authority for the costs of
administering the Oregon Prescription Drug Program, including contracted
services costs, computer costs, professional dispensing fees paid to retail
pharmacies and other reasonable program costs. Interest earned on the fund
shall be credited to the fund. [2003 c.714 §4; 2007 c.697 §20; 2009 c.595 §294]
Note:
See note under 414.312.
Plain English Explanation
This Oregon statute addresses Prescription Drug Purchasing Fund. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 414.318
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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