SB 1 – New Mexico

Status: Enacted
Year Introduced: 2020

The Wholesale Prescription Drug Importation Act appropriates $350 thousand from the general fund to the Department of Health for the purpose of setting up a program whereby the state would import prescription medications from Canada (and perhaps other countries) through a wholesaler or wholesalers for resale to New Mexico consumers. Such a program depends on federal implementation of a law passed by Congress in 2003 to allow drug importation from Canada. The law required the secretary of the federal Department of Health and Human Services establish regulations for such a program before it could be placed into effect, but that is not anticipated to happen until spring or summer 2020.

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