The bill establishes a "Parkinson's disease research account," which will be a separate, nonlapsing account dedicated to funding research into treatments for Parkinson's disease. The account will contain any moneys required by law to be deposited and will also accept private donations, which will be managed by the Department of Public Health. The funds from this account will be utilized specifically for research purposes related to Parkinson's disease.
The bill is effective immediately upon passage and does not delete any existing legal language but introduces new provisions regarding the establishment and funding of the research account. The potential fiscal impact includes a revenue gain from donations and a cost associated with administering grants from the account, with the extent of these impacts depending on the amount of funding received.