The bill establishes the Alzheimer's Prevention and Research Institute of Texas, which will be incorporated into the Health and Safety Code as Chapter 101A. The institute's primary objectives include advancing research on Alzheimer's disease and related disorders, enhancing research capabilities within Texas, and fostering collaboration among educational institutions and other entities. It will have the authority to award grants for research and prevention programs while ensuring compliance with established standards. The governance structure of the institute will include a chief executive officer and a chief compliance officer, with provisions for annual public reporting and financial audits. The institute will also be subject to the Texas Sunset Act, with a review scheduled for September 1, 2035.

Additionally, the bill introduces several oversight mechanisms, including the formation of an oversight committee responsible for grant applications and the establishment of a peer review committee to evaluate these applications. It emphasizes transparency and accountability by requiring conflict of interest disclosures from committee members and implementing a structured grant-awarding process. The bill also creates the Alzheimer's Prevention and Research Fund, which will be managed by the institute and can be utilized for various operational costs and research grants. The bill is set to take effect on December 1, 2025, pending voter approval of a constitutional amendment to allocate $3 billion from state general revenue to support the institute's initiatives.

Statutes affected:
Introduced: Education Code 36.10, Education Code 61.003, Government Code 572.003 (Education Code 36, Government Code 572, Education Code 61)