The medicinal psilocybin treatment fund created in this bill consists of donations, gifts, grants, bequests, moneys transferred from the general fund, and all earnings and other investment income of the fund. This trust fund is managed by the State of Wisconsin Investment Board. Moneys in the fund may be expended for the purpose for which any donation, gift, grant, or bequest is made and for the administration of the pilot program.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
SB727,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SB727,15Section 1. 20.005 (3) (schedule) of the statutes: at the appropriate place, insert the following amounts for the purposes indicated: SB727,26Section 2. 20.285 (1) (qh) of the statutes is created to read: SB727,,7720.285 (1) (qh) Medicinal psilocybin treatment pilot program. From the medicinal psilocybin treatment fund, the amounts in the schedule for the operations of the medicinal psilocybin treatment pilot program under s. 36.25 (16). SB727,38Section 3. 20.285 (1) (qi) of the statutes is created to read: SB727,,9920.285 (1) (qi) Medicinal psilocybin treatment pilot program donations, gifts, grants, and bequests. From the medicinal psilocybin treatment fund, all moneys received from donations, gifts, grants, and bequests to the medicinal psilocybin treatment pilot program under s. 36.25 (16) to carry out the purpose for which received. SB727,410Section 4. 25.14 (1) (a) 14m. of the statutes is created to read: SB727,,111125.14 (1) (a) 14m. The medicinal psilocybin treatment fund. SB727,512Section 5. 25.17 (1) (jw) of the statutes is created to read: SB727,,131325.17 (1) (jw) The medicinal psilocybin treatment fund (s. 25.51). SB727,614Section 6. 25.51 of the statutes is created to read: SB727,,151525.51 Medicinal psilocybin treatment fund. There is established a separate nonlapsible trust fund designated as the medicinal psilocybin treatment fund. The fund shall consist of all of the following: SB727,,1616(1) Donations, gifts, grants, and bequests deposited into the fund under s. 36.25 (16) (b). SB727,,1717(2) Moneys transferred under s. 36.25 (16) (c). SB727,,1818(3) All earnings and other investment income of the fund. SB727,719Section 7. 36.25 (16) of the statutes is created to read: SB727,,202036.25 (16) Medicinal psilocybin treatment pilot program. (a) 1. The board shall establish at the University of Wisconsin-Madison in collaboration with that institution’s transdisciplinary center for research in psychoactive substances and its school of pharmacy a pilot program to study the effects of medicinal psilocybin treatment on patients with post-traumatic stress syndrome and related comorbidities. SB727,,21212. The individuals eligible for the pilot program under subd. 1. shall be veterans, as defined by the board, who are 21 years of age or older and who suffer from treatment-resistant post-traumatic stress syndrome. An individual who is a law enforcement officer, as defined in s. 165.85 (2) (c), or a tribal law enforcement officer, as defined in s. 165.85 (2) (g), may not participate in the pilot program under subd. 1. SB727,,22223. The pilot program under subd. 1. shall provide psilocybin therapy through pathways approved by the federal food and drug administration. SB727,,23234. The pilot program under subd. 1. may accomplish its research in conjunction with other medications approved by the federal food and drug administration. SB727,,24245. The board shall ensure that no health information disclosed by the pilot program under subd. 1. contains personally identifiable information, as defined under s. 19.62 (5). SB727,,25256. On the first day of the 6th month beginning after the effective date of this subdivision .... [LRB inserts date], and every 6 months thereafter while the pilot program under subd. 1. continues, the board shall submit to the governor and to the appropriate standing committees of the legislature under s. 13.172 (3) a report prepared by the researchers conducting the pilot program that details the progress of the pilot program’s study. SB727,,26267. Within 6 months of the completion of a study in the pilot program under subd. 1., the board shall submit to the governor and to the appropriate standing committees of the legislature under s. 13.172 (3) a report prepared by the researchers conducting the study detailing the results of the study and any recommendations for legislation based on the study results. SB727,,27278. Within 6 months of the completion of the pilot program under subd. 1., the board shall submit to the governor and to the appropriate standing committees of the legislature under s. 13.172 (3) a report prepared by the researchers conducting the pilot program detailing the final results of the pilot program and any recommendations for legislation based on the pilot program’s results. SB727,,2828(b) The board, the University of Wisconsin-Madison, the University of Wisconsin-Madison’s school of pharmacy and the program under par. (a) 1. may receive donations, gifts, grants, and bequests to the program and use any donation, gift, grant, or bequest for the purpose for which it is made. The board shall deposit the amount of any donation, gift, grant, or bequest into the medicinal psilocybin treatment fund. SB727,,2929(c) The secretary of administration shall annually transfer from the general fund to the medicinal psilocybin treatment fund the amount in the schedule under 20.285 (1) (qh) for the applicable fiscal year.