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Utah's Huntsman Mental Health Institute, part of the University of Utah, would be authorized under this bill to conduct a clinical study on whether psychedelic-assisted therapy is safe and feasible for veterans with treatment-resistant PTSD, meaning veterans whose PTSD has not adequately responded to standard treatments. The study would need to follow strict federal and state requirements, including FDA authorization, DEA registration, and Institutional Review Board approval, and the institute would need detailed protocols covering drug administration, participant safety, therapist qualifications, and emergency procedures before the study begins. Funding would come from a combination of legislative appropriations and private donations, and the institute would be required to launch the study once enough money is secured, with the option to keep accepting donations and using funds even after the study starts; any unused donated funds would need to be returned to donors by July 1, 2032, and the law authorizing the study would expire that same date.