LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
200 W. Washington St., Suite 301
Indianapolis, IN 46204
(317) 233-0696
iga.in.gov
FISCAL IMPACT STATEMENT
LS 6465 NOTE PREPARED: Dec 15, 2023
BILL NUMBER: SB 139 BILL AMENDED:
SUBJECT: Psilocybin Treatment Program.
FIRST AUTHOR: Sen. Charbonneau BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: State
XDEDICATED
FEDERAL
Summary of Legislation: The bill establishes the Therapeutic Psilocybin Research Fund, administered by
the Indiana State Department of Health (IDOH), to provide financial assistance to research institutions in
Indiana to study the use of psilocybin to treat mental health and other medical conditions. It sets forth clinical
study requirements. The bill requires a research institution that conducts a clinical study to prepare and
submit a report to the Interim Study Committee on Public Health, Behavioral Health, and Human Services,
the IDOH, and the Division of Mental Health and Addiction.
Effective Date: Upon passage.
Explanation of State Expenditures: The bill establishes the nonreverting Therapeutic Psilocybin Research
Fund (Fund) to provide financial assistance to research institutions in Indiana to conduct clinical studies on
the use of Psilocybin in as an alternative treatment for mental health and other medical conditions. The Fund
will be administered by the IDOH and may consist of appropriations from the General Assembly, as well as
donations or gifts made to the Fund. Expenses for administering the Fund are to be paid from money in the
fund. The IDOH would be required to establish the administration process for the Fund and applications to
the Fund by July 1, 2024.
Any increase in General Fund expenditures would depend upon the level of appropriations made to the Fund
by acts of the General Assembly. Administering the Fund would be within the IDOH’s routine administrative
functions and should be able to be implemented with no additional appropriations, assuming near customary
agency staffing and resource levels. [The IDOH’s administrative expenditures are currently paid from the
Tobacco Master Settlement Fund, a dedicated fund.]
SB 139 1 Explanation of State Revenues:
Explanation of Local Expenditures:
Explanation of Local Revenues:
State Agencies Affected: General Assembly; Indiana Department of Health; Office of Medicaid Policy and
Planning, Family and Social Services Administration.
Local Agencies Affected:
Information Sources:
Fiscal Analyst: Chris Baker, 317-232-9851.
SB 139 2