Relating to the Cancer Prevention Research Institute's fiscal responsibilities to the state of Texas.
SB 2796 amends Texas law to clarify the Cancer Prevention Research Institute of Texas' (CPRI) fiscal responsibilities to the state. It requires CPRI to manage state funds responsibly, setting a non-binding annual return goal of at least 1% for investments. The bill adds new executive roles (like chief investment officer) and establishes specific criteria for prioritizing research funding, including financial viability within 20 years and interdisciplinary collaboration. These changes directly affect CPRI's operations and research institutions seeking its grants.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2025
Last action Apr 15, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
3
Apr 15, 2025
Upper · Passed
Left pending in committee
upper
Apr 15, 2025
Upper · Passed
Testimony taken in committee
upper
Apr 3, 2025
Committee
Referred to Health & Human Services
upper
Apr 3, 2025
Introduced
Read first time
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bryan Hughes
RRepublican
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