Adds new subsection (b1) to GS 90-85.22, as the title indicates. Requires that each holder of a device or medical equipment permit, or each applicant for such a permit, must maintain the following: (1) at least one physical location within this state or within 40 miles of the border of this state and (2) a sufficient inventory to respond to orders or requests within this state in a timely manner. Provides that subsection (b1) does not apply to a disposable medical supply mail order company and defines that term as it is used in GS 90-85.22, as amended in this act.

Clarifies that GS 90-85.22, as amended, does not apply to either of the following: (1) a pharmaceutical manufacturer registered with the Food and Drug Administration and (2) a wholly owned subsidiary of a pharmaceutical manufacturer registered with the Food and Drug Administration.

Becomes effective October 1, 2015.