Bill > HB5457

This bill, titled the "Hyperbaric Oxygen Therapy Fund Act," establishes a dedicated fund within the state treasury to support a hyperbaric oxygen therapy pilot program. Hyperbaric oxygen therapy involves breathing pure oxygen in a pressurized chamber, a treatment that can aid in healing certain medical conditions. The fund will be administered by the Department of Health and Human Services, which will oversee the deposit and investment of money and assets received from various sources, with all interest and earnings credited back to the fund. Funds can only be disbursed with legislative appropriation and will be used for providing grants under a related grant program and for establishing and operating the aforementioned pilot program. Importantly, once the pilot program concludes, the fund will be closed, and any remaining money will revert to the state's general fund. This act is contingent on the enactment of another bill, House Bill No. 5456, of the 103rd Legislature.