New Jersey § 45:14-82
Full text of New Jersey New Jersey Statutes § 45:14-82, with citation guidance and answers to common questions.
§ 45:14-82.
a. Each reporting entity shall register with the division in a form and manner specified
by the division no later than January 31 of each calendar year. b. (1) With exception to pharmacy services administrative organizations, each reporting
entity shall pay an annual assessment set by the division to support the operational
costs of the division's activities as required by P.L.2023, c. 106 ( C.45:14-82.2 et seq. ), including funding necessary to support the Drug Affordability Council. Operational costs shall include staff salaries, administrative expenses, data system
expenses, and consulting fees of the division to effectuate the provisions of P.L.2023, c. 106 ( C.45:14-82.2 et seq. ). The Director of the Division of Consumer Affairs shall certify actual and prospective
costs of the division's activities under P.L.2023, c. 106 ( C.45:14-82.2 et seq. ), which costs shall be the basis for the establishment of the annual assessment. The division shall not vary the amount of annual assessment based on whether a reporting
entity is a carrier, pharmacy benefits manager, wholesaler, manufacturer, or other
entity. If the total amount of the assessment that the division collects in a calendar year
exceeds the operational costs certified by the division pursuant to this subsection,
the division shall issue a notice of such surplus and remit the surplus funds in a
timely, fair, and equitable manner across all reporting entities that paid the assessment. Penalties collected pursuant to section 7 of P.L.2023, c. 106 ( C.45:14-82.8 ) shall not be refunded pursuant to this subsection. (2) A pharmacy services administrative organization shall be subject to an annual
assessment, to be determined by the Director of the Division of Consumer Affairs,
which is separate from the annual assessment required pursuant to paragraph (1) of
this subsection. (3) Requests for payment of the final assessments shall be sent by the division to
all reporting entities under P.L.2023, c. 106 ( C.45:14-82.2 et seq. ). The division shall allow reporting entities to make partial payments when paying
the assessment required under this subsection, with the final payment, as well as
any amounts remaining uncollected from the assessment of the previous fiscal year,
to be made no later than December 31 of a given reporting year.
Frequently Asked Questions About New Jersey § 45:14-82
What does New Jersey Statutes § 45:14-82 cover?
Section 45:14-82 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 45:14-82?
A common citation format is "New Jersey Statutes § 45:14-82" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 45:14-82 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.