Increases cigarette and tobacco tax revenue for cancer research in New Jersey from $1 million to $4 million and establishes a dedicated Cancer.
This bill increases the annual allocation of cigarette and tobacco tax revenues for cancer research in New Jersey 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 other funds approved by the Department of Health or the New Jersey Commission on Cancer Research. Moneys deposited in the fund, along with any interest earned, will be used exclusively for grants for cancer research projects authorized and approved by the commission.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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