Increases amount of cigarette and other tobacco products tax revenues provided to New Jersey Commission on Cancer Research to $10 million; establishes dedicated, non-lapsing Cancer Research Fund.

Summary

The legislation raises the annual amount of cigarette and other tobacco tax revenue earmarked for the New Jersey Commission on Cancer Research to $10 million. It creates a dedicated, revolving Cancer Research Fund in the Department of the Treasury that cannot lapse, and requires the fund’s money to be used for cancer research grants, split evenly between general and pediatric projects. The measure aims to give the commission a reliable funding source for cancer research and to reduce health disparities.

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