A 4677 New Jersey General Assembly · 2024-2025 Regular Session

Increases amount of cigarette and other tobacco products tax revenues provided to New Jersey Commission on Cancer Research to $10 million; establishes dedicated, non-lapsing Cancer Research Fund.

This bill increases New Jersey's annual allocation of cigarette and tobacco tax revenues to the Commission on Cancer Research from $1 million to $10 million. It establishes a dedicated, non-lapsing "Cancer Research Fund" within the state Treasury, ensuring these funds cannot be diverted to other uses. The fund must provide at least $5 million for general cancer research and at least $5 million specifically for pediatric cancer research, with all money used exclusively for commission-approved projects. The State Treasurer manages the fund, investing it like other state trust funds, and interest earned stays in the fund.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2024
Committee Review
Floor Vote
Governor
Introduced Jun 28, 2024 Last action Jun 28, 2024
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Jun 28, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Health Committee
lower
2 primary · 0 co-sponsors

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