Increases cigarette and tobacco tax revenues for New Jersey cancer research to $10 million; establishes a non-lapsing Cancer Research Fund.

This bill increases the amount of cigarette and other tobacco products tax revenues provided to the New Jersey Commission on Cancer Research (NJCCR) to $10 million. It establishes a dedicated, non-lapsing Cancer Research Fund within the Department of the Treasury. The fund prioritizes funding for general and pediatric cancer research, aiming to expand research on cancer causes, prevention, treatment, and palliation. The State Treasurer will manage the fund, with investments handled by the Director of the Division of Investment.

Increases cigarette and tobacco tax revenues for New Jersey cancer research to $10 million; establishes a non-lapsing Cancer Research Fund.

This bill increases the amount of cigarette and other tobacco products tax revenues provided to the New Jersey Commission on Cancer Research (NJCCR) to $10 million. It establishes a dedicated, non-lapsing Cancer Research Fund within the Department of the Treasury. The fund prioritizes funding for general and pediatric cancer research, aiming to expand research on cancer causes, prevention, treatment, and palliation. The State Treasurer will manage the fund, with investments handled by the Director of the Division of Investment.