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OK HB2814
Bill
Status
2/1/2016
Primary Sponsor
Jason Nelson
Click for details
AI Summary
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Amends the Tobacco Settlement Endowment Trust Fund Act to mandate that a minimum of 5% of earnings directed for clinical and basic research and treatment efforts be used for pediatric cancer research
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Pediatric cancer research funding must address one or more of four specified goals: improving childhood cancer treatment, enhancing in-state treatment services, improving educational access for children receiving cancer treatment, and reducing late effects of treatment
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Directs the Board of Directors to expend trust fund earnings for these pediatric cancer research purposes under authority granted by Article X, Section 40 of the Oklahoma Constitution
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Effective date: November 1, 2016
Legislative Description
Tobacco Settlement Endowment Trust Fund; requiring certain percentage of earnings directed for certain purpose be used for pediatric cancer research; effective date.
Last Action
Second Reading referred to Rules
2/2/2016