LITTLE ROCK – Lieutenant Governor Tim Griffin today issued the following statement in support of the special session to address Pharmacy Benefit Managers (PBMs) and Arkansas 529 college savings accounts:
"As the special session convenes, I urge my colleagues in the legislature to address two pressing issues facing Arkansans: First, we must address unfair pricing in the prescription drug market due to Pharmacy Benefit Managers (PBMs). This unfair pricing impacts not only pharmacists and small businesses, but also every Arkansas household where prescription drugs are taken, and ultimately access to and the cost of healthcare. Second, we must change state law to align with federal law on 529 accounts. Arkansas parents work hard to save and invest their own after-tax money in 529 accounts, and they deserve the flexibility and opportunity this change will provide. These 529 accounts are especially important for military families who can't always choose their school district."
About Lieutenant Governor Tim Griffin
Lieutenant Governor Tim Griffin was elected on November 4, 2014. From 2011-2015, Griffin served as the 24th representative of Arkansas’s Second Congressional District. For the 113th Congress, he was a member of the House Committee on Ways and Means while also serving as a Deputy Whip for the Majority. In the 112th Congress, he served as a member of the House Armed Services Committee, the House Committee on Foreign Affairs and the House Committee on the Judiciary.
Griffin is a graduate of Magnolia High School, Hendrix College in Conway and Tulane Law School in New Orleans, and attended graduate school at Oxford University. He has served in the U.S. Army Reserve for 20 years, was deployed to Iraq with the 101st Airborne Division (Air Assault) and holds the rank of Lieutenant Colonel. Lieutenant Colonel Griffin is currently pursuing a master’s degree in strategic studies from the U.S. Army War College, Carlisle Barracks, Pennsylvania. He also served as U.S. Attorney for the Eastern District of Arkansas and Special Assistant to the President and Deputy Director of Political Affairs for President George W. Bush. Griffin lives in Little Rock with his wife Elizabeth, a Camden native, and their three children.