Bill > HB573

This bill creates the Pediatric Cancer Research Fund, a new fund in the state treasury designed to support pediatric cancer research in Ohio. The fund will be supported through two primary voluntary contribution methods: first, individuals can choose to donate $5 when renewing their motor vehicle registration, and second, taxpayers can designate a portion of their tax refund to the fund. The director of health will oversee the fund, using the money to provide financial support to hospitals conducting pediatric cancer research, develop informational materials about pediatric cancer research, and cover administrative costs. Hospitals seeking funding must submit requests to the director, who will review and approve or disapprove them based on established standards and procedures. The bill also requires the tax commissioner to include the pediatric cancer research fund as an option on income tax return forms and mandates that the director of health report on the fund's effectiveness and contributions every two years. Additionally, the bill stipulates that if the fund receives less than $50,000 in contributions for five consecutive calendar years, it will be removed from the income tax return form.

Health and Social Services

https://www.legislature.ohio.gov/legislation/136/hb573