Requires the registration of chain and community pharmacies

This bill requires chain and community pharmacies in New York to register with the state department. It defines a "chain pharmacy" as a publicly traded company with at least twenty licensed locations and a "community pharmacy" as a privately held company with fewer than twenty, while excluding government, hospital, and mail-order pharmacies from the community category. Owners must apply for a designation every three years and pay a $500 fee to maintain their status. The law will take effect ninety days after being signed into legislation.