Title: Cigarette Tax Securitization Proceeds Fund; Stem Cell and Biomedical Research Facilities
Vote to pass a bill that establishes the Cigarette Tax Securitization Proceeds Fund and authorizes the use of cigarette tax revenue bonds issued by the New Jersey Economic Development Authority to fund state capital construction projects, including, $150 million for stem cell research facilities in New Brunswick, $50 million for stem cell research facilities in Newark and $50 million for biomedical research facilities in Camden.
Title: Cigarette Tax Securitization Proceeds Fund; Stem Cell and Biomedical Research Facilities