SENATE BILL REPORT
2SHB 2443
BYHouse Committee on Appropriations (originally sponsored by Representatives O'Brien, Jacobsen, Prince, Anderson, Heavey, Crane, Valle, Winsley, Moyer, P. King, Todd, Day, Rector, Wood, Wineberry and R. King)
Establishing the Warren G. Magnuson institute for biomedical research and health professions training.
House Committe on Higher Education
Rereferred House Committee on Appropriations
Senate Committee on Higher Education
Senate Hearing Date(s):February 19, 1990; February 21, 1990
Majority Report: Do pass and be referred to Committee on Ways & Means.
Signed by Senators Saling, Chairman; Patterson, Vice Chairman; Cantu, Smitherman, Stratton, von Reichbauer.
Senate Staff:Shawn Newman (786-7443)
February 22, 1990
Senate Committee on Ways & Means
Senate Hearing Date(s):February 26, 1990
Majority Report: Do pass as amended.
Signed by Senators McDonald, Chairman; Craswell, Vice Chairman; Bailey, Bauer, Cantu, Fleming, Gaspard, Lee, Niemi, Saling, Warnke, Wojahn.
Senate Staff:Linda Brownell (786-7715)
February 27, 1990
AS REPORTED BY COMMITTEE ON WAYS & MEANS, FEBRUARY 26, 1990
BACKGROUND:
Warren Grant Magnuson served the citizens of Washington in the United States Congress for over 44 years. During that time, he was instrumental in the passage of legislation that established the National Cancer Institute, the National Institute of Health, the National Health Service Corps, the Fred Hutchinson Cancer Center in Seattle, and the Veterinary Medicine Center at Washington State University. Senator Magnuson was also instrumental in securing substantial amounts of funding for research in the health sciences.
In 1973, Warren Magnuson received the prestigious Albert Lasker Public Service and Health Award for his efforts to improve this country's system of health care. He was awarded the Washington State Medal of Merit in 1987. In recognition of his many accomplishments, and in gratitude for his many years of assistance, the Health Sciences Center at the University of Washington is named in honor of Senator Magnuson.
SUMMARY:
The Warren G. Magnuson Institute for Biomedical Research and Health Professions Training is established. The institute will be located within the Warren G. Magnuson Health Center at the University of Washington. The institute will be administered by the university. Funding for the institute may be provided through a combination of federal, state, and private funds, including the earnings on the university's endowment fund.
The purposes of the institute are described. The primary purpose is providing support to one or more individuals engaged in diabetes research. The secondary purpose of the institute is providing assistance to graduate and postgraduate students in the health professions. Other purposes of the institute include supporting biomedical research in Parkinson's disease, osteoporosis, or any disorder in which achieving a significant result in the near term is promising.
The Warren G. Magnuson Institute trust fund is created. The University of Washington may apply to the State Treasurer for $500,000 from the trust fund when it can match the state funds with an amount of cash donations equal to twice the state funds provided. Private cash donations are defined as moneys from nonstate sources, including federal funds and assessments by commodity commissions. No appropriation is necessary for expenditures from the trust fund.
Once the private donations and state matching grants are received by the university, they will be deposited in the university's local endowment fund. The university will invest moneys in the endowment fund, and may augment them with additional private donations. The principal of the endowment fund must not be expended.
The earnings on the endowment fund must be used to support the institute. Earnings on the first $750,000 must be used to support one or more individuals engaged in diabetes research. Earnings on the next $250,000 must be used to provide financial assistance to University of Washington students in graduate and postgraduate programs in the health professions. Earnings on additional funds can be used for any purpose of the institute.
The bill is null and void if funding for it is not provided in the Supplemental Omnibus Appropriations Act by June 30, 1991.
Appropriation: none
Revenue: none
Fiscal Note: none requested
SUMMARY OF PROPOSED SENATE WAYS & MEANS AMENDMENT:
The null and void date is corrected to June 30, 1990.
Senate Committee - Testified: HIGHER EDUCATION: Germaine Magnuson; John O'Brien; Lt. Governor Joel Pritchard; Carl Knirk, American Diabetes Association
Senate Committee - Testified: WAYS & MEANS: No one