Maryland Pediatric Cancer Fund - Funding

SB 493 requires the Governor to include a $5 million annual appropriation for the Maryland Pediatric Cancer Fund in the state budget, starting in fiscal year 2027. It also redirects money from the Cigarette Restitution Fund to this fund, altering how that fund's resources are allocated. The bill specifies that funds must support pediatric cancer research grants to eligible hospitals, labs, and researchers - excluding overhead costs - and limits administrative expenses to 5% of the fund. This directly affects Maryland-based pediatric cancer research organizations and ensures dedicated, ongoing funding through state budget processes.