The resolution proposes a constitutional amendment to establish the Dementia Prevention and Research Institute of Texas, which will oversee the creation of the Dementia Prevention and Research Fund. This fund is intended to support research, prevention, and treatment of dementia and related disorders within the state. To facilitate this initiative, the resolution includes a provision for the transfer of $3 billion from the state’s general revenue to the fund, which will be administered by the newly established institute. The fund will be used for various purposes, including awarding grants for research, supporting medical facilities, and developing therapies aimed at mitigating the effects of dementia.
Additionally, the resolution outlines the governance structure of the Dementia Prevention and Research Institute, allowing members to serve six-year terms. It specifies the types of funding that can be received by the institute, including state appropriations, grants, and donations. The resolution also sets a cap on the amount of grants that can be awarded in a fiscal year and requires grant recipients to have matching funds available. The proposed amendment will be presented to voters in an election scheduled for November 4, 2025, allowing the public to decide on the establishment of the institute and the associated funding.