Friday, January 15, 2021

Texas State Senator Proposes $3 Billion State Agency To Fund Disease Research

[#TexasPolitics365]
 

Texas state Sen. José Menéndez, (D-San Antonio) has proposed the creation of a state agency to provide grants for research into emerging infectious diseases and development of vaccines and other treatments for them. 

The Austin American-Statesman reports that the new agency would be funded up to $3 billion, in increments over several years. Issuance of bonds to pay for the agency's grants would require voter approval.

His proposal – detailed in Senate Bill 264, which he filed in advance of the state legislative session that began this week – would create an agency called the Texas Research Consortium to Cure Infectious Diseases, or TRANSCEND for short, based loosely on its initials. 
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