20140108-IR-856130449EIA Economic Impact Statement LSA Document #13-449  

  • TITLE 856 INDIANA BOARD OF PHARMACY

    Economic Impact Statement
    LSA Document #13-449


    IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
    I. Estimate of Number of Small Businesses That Will Be Subject to this Rule
    As required by IC 4-22-2.1-5(a)(1), the number of small businesses, classified by industry sector, that will be subject to the proposed rule:
    None.
    The proposed rule is voluntary. By statute, pharmacies are not required to provide immunizations. Furthermore, licensed pharmacists and registered pharmacist interns are not required by statute or rule to provide immunizations.
    As required by IC 4-22-2.1-5(a)(2), the estimate of the average annual reporting, record keeping, and other administrative costs that small businesses will incur to comply with the proposed rule:
    None.
    The proposed rule is voluntary. No mandatory costs will be imposed on small businesses. The proposed rule allows for the administration of immunizations to be conducted by properly trained and registered pharmacist interns, if the pharmacy, supervising pharmacist, and pharmacist intern agree to provide immunizations. Small businesses will not incur any new state-mandated costs.
    As required by IC 4-22-2.1-5(a)(3), the estimate of the total annual economic impact that compliance with the proposed rule will have on all small businesses subject to the rule:
    None.
    The proposed rule is voluntary. As such, no mandatory costs will be imposed on small businesses.

    II. Justification Statement
    As required by IC 4-22-2.1-5(a)(4), the following statement justifies any requirement or cost that is imposed on small businesses by the rule; and not expressly required by the statute authorizing the agency to adopt the rule; or any other state or federal law. The statement required by this subdivision must include a reference to any data, studies, or analyses relied upon by the agency in determining that the imposition of the requirement or cost is necessary.
    The Indiana Board of Pharmacy has determined that this proposed rule will not impose new or additional costs or requirements on small businesses operating under the current regulations that exist today. The Indiana Board of Pharmacy did not rely on any data, studies, or analyses in making this determination, as this proposed rule was initiated by a change in Indiana Code.

    III. Regulatory Flexibility Analysis
    As required by IC 4-22-2.1-5(a)(5), this regulatory flexibility analysis considers any less intrusive or less costly alternative methods of achieving the purpose of the proposed rule. The analysis under this subdivision considers the following methods of minimizing the economic impact of the proposed rule on small businesses.
    (A) The establishment of less stringent compliance or reporting requirements for small businesses.
    The proposed rule does not impose new compliance or reporting requirements on small businesses beyond what is mandated by statute. As such, less stringent compliance or reporting requirements are not possible.
    (B) The establishment of less stringent schedules or deadlines for compliance or reporting requirements for small businesses.
    The proposed rule does not impose new schedules or deadlines for compliance or reporting requirements on small businesses beyond what is mandated by statute. As such, less stringent schedules or deadlines for compliance or reporting requirements are not possible.
    (C) The consolidation or simplification of compliance or reporting requirements for small businesses.
    The proposed rule does not impose any new compliance or reporting requirements beyond what is required by statute. As such, consolidation or simplification of those requirements is not possible.
    (D) The establishment of performance standards for small businesses instead of design or operational standards imposed on other regulated entities by the rule.
    Performance standards are not appropriate for this proposed rule, as it simply allows for properly trained and registered pharmacist interns to provide immunizations.
    (E) The exemption of small businesses from part or all of the requirements or costs imposed by the rule.
    The proposed rule is voluntary. Small businesses are not required to allow properly trained and registered pharmacist interns to provide immunizations. As such, exemptions for small businesses are not possible.

    Posted: 01/08/2014 by Legislative Services Agency

    DIN: 20140108-IR-856130449EIA
    Composed: Nov 01,2016 1:44:14AM EDT
    A PDF version of this document.

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