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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 must follow strict federal and state requirements, including FDA authorization, DEA registration, and Institutional Review Board approval, and the institute must have 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 must launch the study once sufficient funds are secured; any unused donated funds must be returned to donors by July 1, 2032, and the law authorizing the study expires that same date.