The State of Texas has established the Cancer Prevention and Research Institute of Texas
(CPRIT), which may issue up to $6 billion in general obligation bonds to fund grants for cancer
research and prevention.
CPRIT is charged by the Texas Legislature to do the following:
• Create and expedite innovation in the area of cancer research and in enhancing the
potential for a medical or scientific breakthrough in the prevention of, or cures for, cancer
• Attract, create, or expand research capabilities of public or private institutions of higher
education and other public or private entities that will promote a substantial increase in
cancer research and in the creation of high-quality new jobs in the State of Texas
• Develop and implement the Texas Cancer Plan