Increases tobacco tax revenue for New Jersey cancer research from $1 million to $4 million; establishes a dedicated Cancer Research Fund.
The bill raises the annual allocation of cigarette and other tobacco products tax revenues to the New Jersey Commission on Cancer Research (NJCCR) from $1 million to $4 million. It also establishes a dedicated, non-lapsing Cancer Research Fund within the Department of the Treasury. This fund will serve as the repository for the increased tax revenues and any additional funds approved by the Department of Health or the commission. The fund's resources will be used exclusively for grants supporting cancer research projects authorized by the NJCCR.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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