Bill > HB1115

This bill modifies funding mechanisms for the Maryland Pediatric Cancer Fund, expanding its financial resources and clarifying its operational guidelines. Specifically, the bill adds money from the Cigarette Restitution Fund as a funding source for the Pediatric Cancer Fund, and allows the Governor to include up to $5,000,000 in the annual budget for the Fund starting in fiscal year 2027. The bill defines pediatric cancer research broadly as work to develop understanding and advance techniques for preventing, screening, treating, and potentially curing pediatric cancer. The Fund can use up to 5% of its resources for promotional and administrative purposes, with the remaining funds dedicated to providing grants to eligible researchers, physicians, hospitals, and institutions. Recipients cannot use grant money for overhead or institutional expenses unrelated directly to pediatric cancer research. The bill requires the Secretary to submit an annual report to the General Assembly detailing the Fund's promotional efforts and financial accounting, and mandates that the Fund's unspent money remains in the Fund rather than reverting to the state's General Fund. The changes will take effect on July 1, 2025, ensuring a structured approach to supporting pediatric cancer research in Maryland.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1115?ys=2025RS