LEGISLATIVE FISCAL ESTIMATE
SENATE, No. 773
STATE OF NEW JERSEY
222nd LEGISLATURE
DATED: JUNE 2, 2026
SUMMARY
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Synopsis: |
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. |
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Type of Impact: |
No fiscal net impact. |
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Agencies Affected: |
Department of Health; Department of the Treasury. |
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Office of Legislative Services Estimate |
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Fiscal Impact |
Annual |
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State Fiscal Impact |
None |
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· The Office of Legislative Services (OLS) determines that this legislation has no overall fiscal impact on the State. The legislation does not alter the total amount of revenue collected or expended from the State’s cigarette tax and tobacco and vapor products tax. Rather, the bill shifts an estimated $10.0 million predominantly from the dedicated Health Care Subsidy Fund to the Cancer Research Fund that the bill newly establishes.
BILL DESCRIPTION
This bill dedicates $10.0 million of annual cigarette tax collections to the New Jersey Commission on Cancer Research through a newly established dedicated, non-lapsing Cancer Research Fund within the Department of the Treasury. Fund balances are to be used for cancer research project grants approved by the commission, with at least $5.0 million to be used to fund general cancer research and at least $5.0 million to fund pediatric cancer research.
FISCAL ANALYSIS
EXECUTIVE BRANCH
None received.
OFFICE OF LEGISLATIVE SERVICES
The OLS determines that this legislation has no overall fiscal impact on the State. The legislation does not alter the total amount of revenue collected or expended from the State’s cigarette tax and the tobacco and vapor products tax. Rather, the bill shifts an estimated $10.0 million predominantly from the dedicated Health Care Subsidy Fund to the Cancer Research Fund that the bill newly establishes. The Cancer Research Fund would support the work of the New Jersey Commission on Cancer Research, which promotes research in New Jersey into the causes, prevention, treatment, and palliation of cancer and serves as a resource to providers and consumers of cancer services.
The OLS notes that permanent statutes dedicate $1.0 million of cigarette tax revenue collections to the New Jersey Commission on Cancer Research annually but that the annual appropriations acts have superseded this requirement for over a decade. Instead, the commission has received annual appropriations. Most recently, the commission has received a $4.0 million appropriation each year from FY 2022 through FY 2026.
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Section: |
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Analyst: |
Principal Research Analyst |
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Approved: |
Thomas Koenig Legislative Budget and Finance Officer |
This legislative fiscal estimate has been produced by the Office of Legislative Services due to the failure of the Executive Branch to respond to our request for a fiscal note.
This fiscal estimate has been prepared pursuant to P.L.1980, c.67 (C.52:13B-6 et seq.).