Bill > HB1430

This bill establishes the Tinnitus Research Grant Program Revolving Fund, a new funding mechanism to support medical research on tinnitus, a condition characterized by persistent ringing or buzzing in the ears. The fund will be created in the State Treasury and will consist of both legislative appropriations and private donations. The Oklahoma State Regents for Higher Education will be responsible for managing the fund and awarding annual grants to public and private universities in Oklahoma specifically for tinnitus research aimed at finding a cure. The Regents will develop and implement a comprehensive process for grant applications, including establishing selection criteria and reviewing submissions on a statewide competitive basis. The fund will be a continuing fund not limited by fiscal year constraints, and expenditures will be made through warrants issued by the State Treasurer after approval by the Office of Management and Enterprise Services. The bill will take effect on November 1, 2025, providing a clear timeline for implementation of this new research grant program.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1430&Session=2600