The bill aims to establish the Pediatric Cancer Research Fund within the state treasury, allowing for voluntary contributions to support pediatric cancer research. It amends section 5747.113 of the Revised Code and enacts new sections 3701.27 and 4503.108. The Pediatric Cancer Research Fund will consist of voluntary contributions from individuals, including those made during motor vehicle registration processes, where applicants can opt to donate five dollars to the fund. The Director of Health is tasked with utilizing the fund to provide financial support to hospitals for pediatric cancer research, develop informational materials, and cover administrative costs.

Additionally, the bill modifies the income tax refund contribution system to include the Pediatric Cancer Research Fund as an option for taxpayers wishing to donate part of their tax refunds. It specifies that the tax commissioner will provide a space on tax return forms for this purpose and will ensure that contributions are directed to the fund. The bill also includes provisions for the Director of Health to report on the effectiveness of the fund and its contributions every odd-numbered year. Notably, it removes the option for contributions to the "wishes for sick children income tax contribution fund" and increases the total number of funds to which taxpayers can contribute from six to seven.

Statutes affected:
As Introduced: 5747.113