The Arizona Revised Statutes have been updated to include the revised sections from the 55th Legislature, 2nd Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 1st Regular Session, which convenes in January 2023.
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
36-123.02 - Alzheimer's disease research fund; exemption
36-123.02. Alzheimer's disease research fund; exemption
A. The Alzheimer's disease research fund is established consisting of monies received pursuant to section 28-2463. The director shall administer the fund. The first $32,000 received shall be reimbursed to the person who pays the implementation fee pursuant to section 28-2463. Not more than ten percent of monies deposited in the fund annually shall be used for the cost of administering the fund. Monies in the fund are continuously appropriated. The director shall annually distribute monies in the fund.
B. The director shall annually allocate monies from the fund, excluding administrative fees, to a charitable organization that is qualified under section 501(c)(3) of the United States internal revenue code for federal income tax purposes and that meets all of the following:
1. Is headquartered in this state.
2. Has been operating in this state for at least ten years.
3. Has participating member institutions that work together to end Alzheimer's disease by using their complementary strengths in brain imaging, computer science, genomics, basic and cognitive neurosciences and clinical and neuropathology research within a statewide collaborative model.
4. Has member institutions that educate residents of this state about Alzheimer's disease, research progress and resources needed to help patients, families and professionals manage the disease.
C. Monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.