The bill establishes the "Parkinson's Disease Research Act" and creates Section 1004.4352 of the Florida Statutes, which aims to enhance research and understanding of Parkinson's disease. It establishes the Consortium for Parkinson's Disease Research within the University of South Florida, which will include public and private universities and academic medical centers. The bill also creates the Parkinson's Disease Research Board to oversee the consortium's operations, with members appointed from participating institutions. The board is tasked with directing research efforts, awarding funds for research, and issuing an annual report detailing research projects and findings.

Additionally, the bill allocates funding for Parkinson's disease research, specifying that 67% of appropriated funds will go to the University of South Florida for research purposes, including identifying the genetic origins of the disease and developing therapeutic interventions. The remaining 33% will support the operations of the Consortium for Parkinson's Disease Research. The act is set to take effect on July 1, 2025.