Synopsis As Introduced Creates the Home Health and Hospice Drug Dispensation and Administration Act. Allows home health agencies, hospices, and their authorized nursing employees to purchase, store, or transport certain drugs for the purpose of administering the drugs to home health agency and hospice patients. Requires an agency or hospice that purchases, stores, or transports these drugs to establish policies and procedures concerning proper storage, transportation, temperature stability, removal from container on physician's order, administration of the drug, and the maintenance of written records. Provides that an agency, hospice, or an authorized nursing employee may administer the drug only in the patient’s residence under physician's orders. Sets forth procedures for agency and hospice handling of physician oral orders and pharmacy dispensation of the drugs. Provides that upon a home health agency's administration or dispensation of a drug to a patient, that agency shall be reimbursed the cost of the drug by the Department of Public Aid. Effective immediately.