BILL REQ. #: H-1169.2
| State of Washington | 60th Legislature | 2007 Regular Session |
Read first time 01/31/2007. Referred to Committee on Finance.
AN ACT Relating to business and occupation tax deductions for drugs dispensed pursuant to prescription; and adding a new section to chapter 82.04 RCW.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1 A new section is added to chapter 82.04 RCW
to read as follows:
In computing tax there may be deducted from the measure of tax
imposed by RCW 82.04.290(2) amounts received by physicians or clinics
for drugs for infusion or injection by licensed physicians for human
use pursuant to a prescription, but only if the amounts are separately
stated on invoices or other billing statements and do not exceed the
then current federal rate. The federal rate means the rate at or below
which the federal government or its agents reimburse providers for
prescription drugs administered to patients as provided for in the
medicare, part B, drugs average sales price information resource as
published by the United States department of health and human services,
or any successor index thereto.