HCS/HB 1534 -This act requires 25% of the moneys received by the state from subsequent participating manufacturers in the Tobacco Settlement Agreement that are deposited into the Life Sciences Research Trust Fund to be appropriated to the Life Sciences Research Board. The Board shall expend 25% of such moneys to fund the program that awards grants to establish and expand umbilical cord blood banks and 75% to fund life sciences research projects involving the study, use, or therapies involving human stem cells derived from born person or products of birth.ADRIANE CROUSE
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