WSR 17-02-050
[Filed December 29, 2016, 3:28 p.m.]
Subject: Public hearing regarding first annual spending plan for CARE fund.
Description: The cancer research endowment (CARE) authority and the cancer research endowment authority board (CARE board) was created by the Washington state legislature in 2015 to guide the cancer research endowment fund (CARE fund). The CARE fund is a ten year, up to $10 million per year, state match to fund cancer research in Washington state. The CARE board oversees and guides the CARE fund, including the solicitation, selection and award of grants. The CARE fund will incentivize additional investment by requiring private or other nonstate resources to match public funds and ensure that funding proposals for cancer research are reviewed by an independent scientific panel.
The CARE board requires fiscal and public accountability through independent audits, open public meetings and hearings and annual reports to the public. Pursuant to RCW 43.348.040(2), the CARE board "must develop a plan for the allocation of projected amounts in the CARE fund, which it must update annually, following at least one annual public hearing."
Public Hearing: A public hearing will be held on February 10, at 3:00 p.m. at the Department of Commerce, 2001 6th Avenue, Suite 2600, Seattle, WA, on the first annual spending plan for the CARE fund. The purpose of the hearing is to explain to the general public the proposed priorities for cancer research funding developed by the CARE board and to provide an opportunity for people to comment on the proposed priorities.