Increases cigarette and tobacco tax revenue for New Jersey cancer research from $1 million to $4 million; establishes a dedicated Cancer Research.

This bill raises the annual allocation of cigarette and tobacco tax revenues for the New Jersey Commission on Cancer Research from $1 million to $4 million. It also establishes a dedicated, non-lapsing Cancer Research Fund within the Department of the Treasury. The fund will serve as the repository for these tax revenues and any additional funds approved by the Department of Health or the commission. The State Treasurer will manage the fund, with disbursements made upon vouchers signed by the commission's chairperson or their designee.

Increases cigarette and tobacco tax revenue for New Jersey cancer research from $1 million to $4 million; establishes a dedicated Cancer Research.

This bill raises the annual allocation of cigarette and tobacco tax revenues for the New Jersey Commission on Cancer Research from $1 million to $4 million. It also establishes a dedicated, non-lapsing Cancer Research Fund within the Department of the Treasury. The fund will serve as the repository for these tax revenues and any additional funds approved by the Department of Health or the commission. The State Treasurer will manage the fund, with disbursements made upon vouchers signed by the commission's chairperson or their designee.