Increases amount of cigarette and other tobacco products tax revenues provided to New Jersey Commission on Cancer Research from $1 million to $4 million; establishes dedicated, non-lapsing Cancer Research Fund.

This bill increases annual funding for the New Jersey Commission on Cancer Research (NJCCR) from $1 million to $4 million by redirecting cigarette and tobacco tax revenues into a dedicated fund. It establishes a non-lapsing Cancer Research Fund within the Department of the Treasury, ensuring these funds remain available year after year without requiring annual reappropriation. The fund will be used exclusively to provide grants for cancer research projects approved by the NJCCR, including studies on cancer causes, prevention, treatment, and palliation. The State Treasurer will manage the fund, including investing the money and disbursing funds upon written approval from the NJCCR chairperson.